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The Toyota
Motor Corporation will build 8.74 million vehicles in 2007 - 270,000 units more
than it targeted - owing to brisk overseas sales, the Mid-Japan Economist, a newspaper
partly owned by Toyota, has reported. Excluding
subsidiaries Daihatsu Motor Co and Hino Motors Ltd Japan''s top automaker had said
in late 2006 that it planned to build 4.27 million cars in Japan and 4.2 million
overseas this year. A
revised plan now calls for 4.25 million units at home and 4.49 million units overseas,
with higher production in the United States and Asia, the newspaper said on Monday
1 October. In
the first eight months of the year, Toyota built 2.73 million vehicles in Japan
and 2.82 million vehicles abroad. If accurate, these figures mark the first year
that Toyota will make more cars abroad than in Japan. Toyota
is adding manufacturing capacity overseas, with new factories planned in Russia
and Canada, among other countries, over the next few years. Together with subsidiaries
Daihatsu and Hino, it will produce more vehicles this year than General Motors.
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