Toyota lifted its global production plans by 1% to 7.57 million vehicles

Article by Christian A., on August 25, 2010

Unconfirmed reports say that Toyota Motor Corp. expects higher demands in Japan and other Asian markets and that it has raised global production plans by 1% to 7.57 million vehicles for 2010.

Last Tuesday, a source at a group company told Reuters that Toyota had informed suppliers last December that it has plans to make 7.49 million vehicles in the 2010 calendar year.

Toyota also reportedly told these suppliers that they'll be notified of the latest revision later. The source added that Toyota has increased its domestic production plan by 40,000 units due to the spike in demand for fuel-efficient cars in Japan as a result of the government subsidies.

In North America, Toyota was prompted to lower plans by 60,000 units, due to the sales suspension that came about because of the recalls.

However, Toyota said this figure would be more than offset by an upward revision of 100,000 units in non-Japan markets. The new output figure would represent a 19% increase from 2009.

The following vehicles are excluded in this figure: minivehicle unit Daihatsu Motor Co. and truck maker Hino Motors Ltd. The entire auto industry, including Toyota, is expecting to receive double-digit sales increases in China and India even as European government subsidies will soon be running out.

Topics: toyota, production

If you liked the article, share on:

Pin It

Comments

Recommended

To the proud owners and owner-to-be of the Porsche 991 Carrera GTS, there's good news for you all. German automobile manufacturer Porsche recently confirmed to the public that the Porsche...
by - March 23, 2017
McLaren diehards, this is the moment that you're all waiting for. The British automaker recently publicized the teaser outline of its new automobile that will hit the streets soon, dubbed...
by - March 23, 2017
PSA seems very confident about conquering the world. The purchase of Opel/Vauxhall for €2.2 billion ($2.3B) from General Motors makes PSA the second largest car company, just behind the Volkswagen...
by - March 23, 2017
Reporting for duty. It’s been a year since the Victoria Police was loaned a new Mercedes-AMG GLE 63 S Coupe. In those 12 months, the coupe served as the law...
by - March 23, 2017
After making its debut at the Paris Motor Show last year as a concept car, the Trezor by Renault managed to bring home the 2016 Concept Car Design Of The...
by - March 23, 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