Toyota Camry will start manufacture in China and be unveiled on May 26 in Guangzhou, capital city of south China's Guangdong Province, according to Yuan Zhongrong, executive deputy general manager of Guangzhou Toyota Motor Co., Ltd.
Guangzhou Toyota's factory at Nansha held an inauguration ceremony for trial production on Jan. 10, 2006.
Its 120 sales outlets around China will soon receive orders for Camery. As much as 70 percent of Camry will be localized and 50 percent of the related suppliers will come from the Pearl River Delta.
Camry of 2.0L and 2.4L will be on sale at the end of May. Toyota sets a sales goal of 50,000 cars for the second half of the year.
According to Yuan, the biggest advantage of Camry is cost rather than price. "Limousines like BMW's and intermediate cars are all our rivals," Yuan added.
By People's Daily Online