Daihatsu Motor, the minivehicle arm of Toyota Motor, reportedly said on Monday it plans to produce 1.398m vehicles globally in 2006, up 19.8% from this year.
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According to Reuters, Daihatsu, Japan’s second-biggest maker of 660cc minivehicles after Suzuki, forecast 17.3% growth in overseas output to 332,000 units, and a 20.6% jump in domestic production to 1.066m vehicles.
The numbers include vehicles built by Daihatsu for sale under the Toyota badge, the report noted.
Daihatsu, which primarily serves the stagnant Japanese market, reportedly forecast a 4.5% rise in domestic sales to 630,000 units, and a 10.7% climb in exports to 124,000 units.
Reuters noted that Daihatsu is aiming to boost its presence overseas to ensure continued growth, but faces tough competition from rivals such as Suzuki and Hyundai, which have secured a strong foothold in emerging markets such as India and China.
