Toyota projects group global output will rise 11% to 7.54 million units for 2004, according to CBS Marketwatch.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Toyota’s group production, including those of its subsidiaries Daihatsu Motor, a minivehicle specialist, and truck maker Hino Motors, is forecast to rise 5% to 8.12 million vehicles in 2005, the company reportedly said in a statement – global production of Toyota-brand cars alone is forecast to rise 8% to 7.28 million next year.
Global output levels at its Daihatsu and Hino units are projected to rise 2% and 5%, respectively, to 750,000 and 100,000 vehicles in 2005, the report said.
