Toyota has said that it expects to produce 6 percent more cars in ’08, for a total of 10.4 million vehicles, including two of its subsidiaries, Diahatsu and Hino. Toyota says that much of the increased production will go towards fuel efficient, environmentally-friendly vehicles.
According to Japan’s Nikkei news source, much of the increased demand will go to North America and China. Toyota, like nearly all other automakers, has seen explosive growth in emerging markets.
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