Toyota plans record output in 2012December 17, 2011 - 10:12 AMT PanARMENIAN.Net - Japan's biggest carmaker Toyota Motor plans to boost its global output to a record 8.65 million vehicles in 2012, boosted by demand in emerging markets, AFP reported citing Japanese media outlets. Toyota anticipates continued growth in emerging markets in Asia and South America although sales outlooks in developed nations are murky due to the European debt crisis, the Nikkei business daily said. Toyota will probably decide on its production as early as next week before informing major parts suppliers, the paper said without naming its sources. Kyodo news agency, quoting unnamed company officials, also reported Toyota was in the final stage of setting a 2012 global production target for Toyota- and Lexus-brand vehicles of 8.65 million. The figure would represent an increase of about 20 percent from Toyota's estimated output for this year and surpass the current record of 8.53 million units set in 2007, before the global financial crisis. Toyota's 2011 production was hampered by the March earthquake and tsunami disaster in Japan which disrupted supply chains, as well as massive flooding in Thailand. No immediate confirmation of the reports was available from the company. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |