Toyota Needs To Build 1 Million Cars In March To Reach Annual Target
Highlights
Toyota Motor Corp will build 700,000 vehicles globally in February, up 10% on the year, but will still need to make a million more in March in order to reach an annual production target of 9 million, the Nikkei business daily said.
A Toyota spokesperson declined to comment when asked about the Nikkei report or whether the Japanese automaker planned to stick to that production target for the year ending March 31.
The world's biggest car maker has been trying to increase production in the final months of the business year to make up for output lost earlier because of a shortage of components from plants in Southeast Asia hit by COVID-19 lockdown restrictions.
Toyota and other car makers have been forced to curb production even as demand in key markets such as China has rebounded.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
Related Articles
Latest News
Popular Toyota Models
- Toyota FortunerEx-Showroom Price₹ 33.43 - 51.44 Lakh
- Toyota Innova CrystaEx-Showroom Price₹ 19.13 - 26.3 Lakh
- Toyota RumionEx-Showroom Price₹ 10.44 - 13.73 Lakh
- Toyota Urban Cruiser TaisorEx-Showroom Price₹ 7.74 - 13.04 Lakh
- Toyota Land CruiserEx-Showroom Price₹ 2.1 Crore
- Toyota Urban Cruiser HyryderEx-Showroom Price₹ 11.14 - 20.19 Lakh
- Toyota Innova HycrossEx-Showroom Price₹ 18.92 - 30.68 Lakh
- Toyota CamryEx-Showroom Price₹ 46.17 Lakh
- Toyota GlanzaEx-Showroom Price₹ 6.81 - 10 Lakh
- Toyota VellfireEx-Showroom Price₹ 1.22 - 1.33 Crore
- Toyota Fortuner LegenderEx-Showroom Price₹ 43.66 - 47.64 Lakh
- Toyota HiluxEx-Showroom Price₹ 30.4 - 37.9 Lakh