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:

Comments

Recommended

A lot of us know Singer Vehicle Design and their signature work of reimagining Porsche 911s, and making them look like hot rods from the 70s. They are not alone...
by - August 20, 2017
August 17, 2017 is a sad day for the Dodge Viper, its fans, enthusiasts and its admirers. It is the day when the last Dodge Viper rolled off the assembly...
by - August 20, 2017
A few months ago, Mercedes-Benz promised that they will be treating everyone to a “big surprise” during the Monterey Car Week. And true enough, many of us were stunned as...
by - August 19, 2017
McLaren has already shown some interest in electrifying their models. And initially, we thought that they will just use hybrid systems to use across their current lineup. Nevertheless, we have...
by - August 19, 2017
Fifty years after its glorious victory at the 24 Hours of Le Mans, Ford launches the 2018 Ford GT ’67 Heritage Edition at the 2017 Monterey Car Week. The red...
by - August 18, 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