Toyota may localise Lexus cars in China to narrow sales gaps with rivals


Toyota Motor Corp, long opposed to producing its premium Lexus cars in China because of concerns over quality and profitability, is now considering it to ignite growth and narrow sales gaps with its German rivals, four company insiders told Reuters. The company, which imports Lexus models made in Japan to sell in China, has spent the last two years researching how to produce them locally.

Toyota also talked to its Chinese joint-venture partners - Guangzhou Automobile Group Co and FAW Group - last year about Lexus models. It wasn't.

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