Toyota aims to build 9.9 million vehicles in 2013

Article by Christian A., on December 19, 2012

Even as Toyota Motor Corp.’s domestic production was reduced, it will not revise its global output target for 2013. It remains at 9.9 million vehicles, according to the Nikkei business daily. Toyota seeks to make 5.6 million Toyota and Lexus brands outside Japan in 2013, higher by more than 6% from its 2012 goal.

The report also said that in Japan, it will build 3.1 million vehicles, which is 10% lower than this year's target. What remains of Toyota’s production will come from subsidiaries Daihatsu Motor Co and Hino Motors Ltd. In addition, Toyota lowered its Japanese sales target to 1.36 million units for 2013, about 20% lower than the forecast for this year.

It’s likely that the Japanese new-car market will contract in 2013 since subsidies for environmentally friendly vehicles have run out. It’s probable that Toyota’s global group sales will reach a record 9.7 million units for 2012, exceeding the 9.37 million units sold in 2007. As a result, Toyota will again be the world's No. 1 automaker.

It ranked third in 2011. Toyota had lowered its group-wide production projection for calendar year 2012 to 9.89 million units because of falling car sales in China following a territorial dispute between the two Asian countries. The anti-Japan protests last September prompted Toyota to cut production in China by 40-50%. It added that the company aimed to sell a million vehicles there in 2012.

Topics: toyota, production

If you liked the article, share on:

Comments

Recommended

Not so long ago, the 2018 Genesis G80 Sport made its debut at the 2016 LA Auto Show. But at that time, it did not have a price yet. And...
by - April 23, 2017
It seems like an increase in price has become a trend for automotive companies lately. Genesis isn’t alone when it comes to this. Subaru had just announced that the 2018...
by - April 23, 2017
Imagine a sports car morphing into an SUV. Chevrolet initially revealed the FNR Concept at the previous Shanghai Auto Show in 2015. For this year, Chevy once again graces the...
by - April 22, 2017
From the moment FCA kicked off with its 3-month-long ad campaign until the day it unveiled the new Dodge Challenger SRT Demon, folks have been guessing what the exact figures...
by - April 22, 2017
Some people may think Audi Sport is a new company but it is in fact the motorsport division of Audi combined with the best of what Quattro GmbH can offer....
by - April 21, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries