Toyota Expects Production to Reach 11.3m by 2012
Toyota Motor Corp. said it expects to produce 11.3 million of its own brand vehicles by 2012, up about 30 percent from 2007, amid rapid growth in Russia, China and other emerging markets.
Japan's top car maker, with its US sales headquarters in Torrance, forecasts that its annual output, excluding those of affiliates Daihatsu Motor Co and Hino Motors Ltd, will continue to grow by 600,000 vehicles a year, the Nikkei business daily reported, quoting an unnamed executive.