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FAW will soon start producing Toyota RAV4 in China in order to reduce the price of this worldwide-popular SUV. Currently, an imported RAV 4 costs 350,000rmb for the top model. Domestically made RAV4 should be priced considerably less, making it more competitive with sales leader Honda CRV.
The SUV market, despite recent blips in sales, is still increasing at a rapid rate. Toyota’s rivals, Honda, Toyota, Kia, and Hyundai, all have Chinese made vehicles on the market in China. An entry into the domestically made SUV market will surely guarantee that Toyota will have a car in nearly every segment of the market.
http://auto.sohu.com/20080829/n259259731.shtml
The SUV market, despite recent blips in sales, is still increasing at a rapid rate. Toyota’s rivals, Honda, Toyota, Kia, and Hyundai, all have Chinese made vehicles on the market in China. An entry into the domestically made SUV market will surely guarantee that Toyota will have a car in nearly every segment of the market.
http://auto.sohu.com/20080829/n259259731.shtml


