Manufacturing

Toyota, sensing an opening, debates building Lexus cars in China, report says

A Lexus LF-FC concept car is displayed during the 2016 Beijing auto show. A Toyota spokesman in Tokyo said "the most important task" for Lexus is to become a distinguished brand in China. (Reuters)
NS
By:
Norihiko Shirouzu
October 05, 2018 05:00 AM

BEIJING -- 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.

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