JAPAN (updated with data): Toyota Motor Corporation plans 15% overseas production increase to 2.5 million vehicles
Toyota Motor Corporation plans to increase overseas production by 15% to 2.5 million vehicles, the company said in a statement released on Tuesday. Domestic production of Toyota, Daihatsu and Hino vehicles would fall 1% to 4.1 million. Overseas production of Toyota-badged vehicles would also rise 15% to 2.48 million, the statement added, while domestic production dropped 3% to 3.39 million.
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