Shulou(Shulou.com)11/24 Report--

CTOnews.com November 7 news, in response to the "next 3 months will continue to reduce production" news, FAW Toyota today to "understand the car emperor" to respond.

It is reported that FAW Toyota insiders said, "this matter is based on the current market competition environment to comply with the trend." on the one hand, we face up to the real pressure on dealers in terms of capital, inventory, income, etc., and strive to ensure sales quality at the end of the year; on the other hand, on the basis of stabilizing this year's sales and reasonable profits, we can also adjust our posture for next year's sales rise. "

The other side also said, "absolute inventory is not high, about 1.1 months, the history of the highest inventory period (2014-2015) once reached 2.7 months, but the market price decline is too serious, the sales side try to reduce the dealer inventory car capital cost, ease the dealer income pressure."

According to previous reports from CTOnews.com, a number of bloggers posted a "letter to dealer partners" from FAW Toyota yesterday, which mentioned that FAW Toyota would continue to make significant downward adjustments to its production plans from December this year to February next year.

FAW Toyota said in the letter that it had adjusted its allocation down to 66000 units in December, 60,000 units in January and 38000 units in February, on the premise that production had been slashed in October and November. It is said that the purpose of this move is to "ensure that the inventory pressure and financial pressure of dealer partners are thoroughly improved, and that dealers have a healthy and healthy business posture".

Related readings:

"in order to reduce the inventory pressure of dealers, FAW Toyota announced that it would continue to reduce production in the next three months."

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