Toyota production to top 10 mln vehicles this year - Nikkei
July 31 (Reuters) - Toyota Motor Corp will this year become the first automaker to make more than 10 million vehicles a year, boosted by a weaker yen and strong demand for hybrids in Japan, the Nikkei reported.
The global production plan is expected to be announced on Friday after Toyota reports earnings, the paper said.
A little more than 3.3 million of the 10.1 million vehicles will be produced in Japan, the paper said. The total includes those produced by Daihatsu Motor Co. and Hino Motors Ltd.
Toyota sold just under 10 million vehicles last year to win back its crown as the world's No.1 carmaker, after falling behind General Motors and Volkswagen in 2011.
It looks set to retain the top spot in sales for the first half of the year.
- Tweet this
- Share this
- Digg this
- Citi to hire 100 bankers in Asia, eyes more business from smaller clients
- West agrees wider Russia sanctions as Kiev says forces near crash site
- Cricket - Moeen probed after sporting 'Save Gaza' wristbands
- Israel warns of long Gaza war as Palestinian fighters cross border
- Israel extends Gaza ceasefire for 24 hours, Hamas rejects terms