Toyota chief says China a 20-30 year project

by: Ezra Marbach

What else did he say? He is not preoccupied with near-term profitability
and market share. Sound strange? Consider that Toyota (ticker: TM) sold only 116,000 cars in China last year, taking about
5% of the passenger car market. Rival Honda Motor (ticker: HMC) sold 214,500 units. More here.