by Staff Writers
Tokyo (AFP) Sept 4, 2011
Toyota Motor will manufacture the Prius hybrid and its key parts in China in a bid to boost sales in the world's largest car market, a company spokeswoman said Sunday.
This will mark the first time the Japanese automaker has produced key components such as motors and batteries for the petrol-electric hybrid in a facility outside Japan.
Toyota manufactured the second model of the Prius in China, with key components exported from Japan, but stopped the operation in 2009.
"The company has a business policy to expand sales of environmentally friendly cars in China," said Toyota spokeswoman Shiori Hashimoto, adding production of the car in the country had been approved by Chinese authorities.
The Nikkei business daily reported that production of the third Prius model is set to begin in China at 2012 at the earliest.
The Nikkei said that it will be a joint venture with China FAW Group Corp, a major Chinese automaker.
The car's major components will be produced at the company's research and development facility in Changshu, in eastern China, but the Toyota spokeswoman would not say where in China the car would be assembled.
Toyota would also not disclose which parts would be made in China.
Volkswagen and General Motors plan to produce environmentally friendly vehicles in China, but are reluctant to talk about local production of key parts due to concerns over technology leaks, the Nikkei said.
Car Technology at SpaceMart.com
Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.
US auto sales post gains despite market turmoil
Chicago (AFP) Sept 1, 2011
Market turmoil failed to put the brakes on US auto sales in August, automakers said Thursday as the Big Three US automakers - General Motors, Chrysler and Ford - all posted strong gains. "Consumers are being cautious and appropriately so, but they are not retrenching," Don Johnson, vice president for GM US sales, said in a conference call. GM is "cautiously optimistic that we'll see US ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|