Toyota Said to Plan Tripling China Output Over Next Decade

Toyota Said to Plan Tripling China Output Over Next Decade

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Toyota has been slow to expand in China compared to rivals like Volkswagen and GM. However, it is now ramping up production and planning new factories. Toyota aims to increase local production to 2 million units by early 2020, with a long-term target of 3.5 million. The company may use China as an export hub for new energy vehicles. China's auto sector opening and environmental goals, along with potential US trade barriers, are influencing Toyota's strategy. Toyota's reliance on the US market is a concern, as other automakers have made China their largest market.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Toyota's market presence in the US compare to its presence in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact might the Trump administration's trade policies have on Toyota's strategy?

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