Toyota Targets 7.5 Million Units In 2010

Toyota plans to boost its global production in 2010 by 17% to 7.5 million units. The output target does not include Toyota group firms Daihatsu Motor and Hino Motors. The target is down about one million units from the peak year of 2007 and matches the level of 2005. But Toyota may raise its 2010 output further after taking into account the impact of the government’s decision to extend subsidies for purchases of environmentally friendly vehicles by six months to September 2010.