Toyota judged that the Japanese car sales in Chinese market will continue to decline, so Toyota delayed the plan of new plant plan in the largest production base in Tianjin, which decided in December 2014,
When to restart the project will be based on sales in the future, it is the first time for the major Japanese car manufacturers adjusted concrete investment plans in China.
It is reported that the delayed plan of new factory was Toyota's fourth factory in Tianjin, mainly producing the small cars, and the annual production of was 200,000.
In addition, Toyota is also considering whether to delay the original plan of the third plant in Guangzhou which established in 2015 (annual production of 200,000).
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