Why Toyota Is Outperforming Ford in the US and China
According to data compiled by MarkLines Data Center, Toyota Motor (TM), the largest Japanese automaker, reported a solid year-over-year (or YoY) increase of 19.5% in its October Chinese sales to ~134,600 vehicle units. This performance was far better than Ford’s 45% YoY decline in Chinese sales for the month—down to 58,204 units, as we discussed in the previous two parts of this series. In September, TM’s Chinese sales rose 17.7% year-over-year to about 140,000 units.
