TOKYO – 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.
A spokesperson for the company was not immediately available for comment
FILE PHOTO: Toyota workers inspect the new Lexus ES vehicles at a Toyota plant in Miyawaka, southern Japan in this file photo taken July 6, 2012