New car sales of Toyota surge in China in May amid easing virus fears

New car sales of Japan's Toyota Motor Corp. in China surged in May, the manufacturer said Thursday, underscoring that its business in the country is on a recovery track with concern over the new coronavirus outbreak easing.Sales in the nation for Toyota, Japan's largest automaker, rose 20.1 percent from a year earlier to 166,300 units last month, after edging up 0.2 percent in April. They fell 15.9 percent in March when the spread of the pneumonia-causing virus was stifling the Chinese economy.Sales for Nissan Motor Co. also gained 6.7 percent to 130,016 units in May, while those for Mazda …READ FULL ARTICLE