AUTOSHOW-Toyota sees China sales growth slowing in 2010

Newswire

GUANGZHOU, Nov 23 (Reuters) - Toyota Motor said it expects its China sales growth to slow next year, after strong gains in 2009 fueled by government incentives aimed at boosting the national auto sector during the downturn. Toyota's China sales should rise about 17 percent to 700,000 vehicles this year from 600,000 in 2008, Kato Masahiro, president of the company's China operations, said at the Guangzhou Autoshow on Monday. He added that sales growth was expected to slow to about 14 ...

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