Monday 9 February 2009

Toyota company swerve to Chinese Market.

This is the first time that Toyota company meet deficit during 46 years.Even though substitute
Toyota for general motors of America that become to the NO.1 of the quantity of selling,but Toyota
face deficit in 2008 , the budget deficit around 50b Y (Japanese money).
The market of Europe and America are very poor, now the important thing for Toyota is keep
increase the Chinese car market.
So far, this is the fourth time for Toyota to reduce the budget profit,it prove they care about the
capital market again.the last deficit of Toyota was the second war, and this time because of the
recession.
The committee of Toyota said :" a lot of countries effect by the recession , because of the demand
of interior and the stimulate the economy, the effect of china it is not very serious,they expect the
Chinese marketing keep growing,even though slower than before , but Chinese marketing for them
it is very important."
Also they expect the quantity of selling in China will over the quantity of selling in American, and
become the biggest car consume marketing in the world.
Now Toyota company accelerate the development in China.

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