JAPAN: Toyota aims for record global production in 2013
The automaker also plans to produce 3.02m vehicles in Japan in 2013 and 3.0m in 2014, sticking to its pledge to continue making at least 3m cars at home, said a member of the Federation of All Toyota Workers' Union who spoke to Reuters on condition of anonymity.
Toyota presented the figures to labour unions during pay negotiations, he said.
Toyota could not be immediately reached for comment.
The ramp up in production comes in the midst of a shift in Toyota's capital expenditure plan.
The automaker, which expanded too fast to meet booming demand and then tripped when the financial crisis and the yen's rise hit, has said it will not build new factories over the next three years except for ones it has already announced investments in, despite a weaker yen boosting its profits.
Instead, it will increase production by fully utilising and operating existing plants, Senior managing officer Takahiko Ijichi told Reuters.
It made a record 8.74m vehicles globally under the Toyota and Lexus brands. For the entire Toyota group, which includes Daihatsu and Hino, production was 9.91m vehicles.
After being entertained for the last couple of weeks by Germany v France over Mercedes' choice of air conditioner refrigerant (colleague Simon Warburton has now learned so much about R134a v r1234yf h...
The battle over air conditioning refrigerant between Mercedes-Benz and France (more or less repping the EU) continued this week with neither side showing signs of backing down....
The media days for the 2013 Frankfurt Internationale Automobil-Ausstellung (IAA) are 10 & 11 September. Each of the following vehicles is a world premiere at the show....
South Africa's automotive employers body is warning of the impact on future export potential as more than 31,000 assembly line workers strike indefinitely next Monday (19 August), paralysing large swa...
General Motors has shut down operations in Egypt due to the violence in the country....
- VEHICLE ANALYSIS: Porsche Cayenne S E-Hybrid
- THE WEEK THAT WAS: Ship shape and not too bent
- ASEAN vehicle market down almost 10% in 2014
- What now for docked Hoegh Osaka cargo?
- RESEARCH ANALYSIS: Review of instrumentation
- JLR recreates 1948 line for Defender plant tour
- Most cars unscathed by Osaka drama: ship owner
- Ford 2014 operating profit plunges $2.3bn
- "Bumps and dents" for some driveable Hoegh cars
- GENEVA DEBUTS: Opel Corsa OPC & VW Golf GTD estate