Slow Sales Leave Toyota With Excess Capacity in China

Newswire

(Adds details on China operations, capacity) BEIJING, June 3 (Reuters) - Sales in China for Toyota Motor Corp are recovering, but the Japanese automaker is still grappling with excess manufacturing capacity and will likely not need a new assembly plant until around 2018, according to two senior Toyota executives with knowledge of the matter. A trio of significantly redesigned vehicles - the RAV4 compact crossover utility vehicle and two compact cars marketed under the Vios and the Yaris ...

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