Toyota aims to build record 9.2 million vehicles this year

Japan’s Toyota Motor Corp plans record high global production of 9.2 million vehicles this year, up about 2% from 2019’s pre-coronavirus output, the Nikkei newspaper reported on Friday.

The automaker has informed its main suppliers of the plan, which reflects sales momentum in China and demand recovery in North America and Japan, the Nikkei said, without citing sources.

Toyota is expecting solid sales around the globe this year thanks to the release of coronavirus vaccines, the newspaper added.

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe