“R.itemList.length” “- this.config.text.ariaShown
“This.config.text.ariaFermé”
TOKYO (Reuters) – Toyota Motor Corp said Friday that its domestic vehicle production would be 1% higher than predicted in September, as its plants resumed production grades after a sharp drop due to the COVID-19 pandemic.
The company plans to produce about 2,300 cars and trucks more than its original plan for about 230,000, according to Reuters estimates.
Vehicle production at the world’s second-largest automaker has recovered internally and since global production fell more than part a year in April and May, when factories closed to prevent the spread of the new coronavirus.
Toyota declined to comment on global production plans for next month, however, the company said it expects global sales to decline by 15% in the July-September quarter from last year and 5% in October-December. In early 2021, sales will increase by 5% during the year.
Toyota expects to sell 7.2 million cars through March, 20% less than a year ago.
(Report through Naomi Tajitsu; edited through Barbara Lewis)