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Article: BRIEFING - ASIA RETAIL - MARCH 6, 2008.
- Article from:
- AsiaPulse News
- Article date:
- March 6, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on retail for March 6, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
COMPETITION SPARKS AS TOYOTA MOVES TO SELL MID RANGE IN S KOREA
SEOUL - Toyota Motor Corp. (TSE:7203; NYSE:TM), Japan's largest automaker, is to start sales of its mid-range brand in South Korea next year, a company official said Thursday, a move expected to spark fierce competition in the nation's fast-growing market for imported cars.
Inroads by Toyota into South Korea are likely to impact Hyundai Motor Co. (KSE:005380), and its affiliate ...