Thursday, June 21, 2012
Toyota Forecasts 24% Rise in 2012 Production, Wants to Reclaim First Place in Global Sales
The many disruptions in production following the March earthquake in Japan and October’s Thai floods seriously hurt Toyota's profitability and production capability. Total sales for 2011 (excluding Daihatsu and Hino) are expected to reach 7.05 million units, which puts Toyota in third place overall behind General Motors and VW.
Japan’s number one car manufacturer, though, is readying a comeback to reclaim the throne it held since 2008 as soon as possible – which means, next year.