Toyota Tells Suppliers To Prepare For Growth
by Yuri KageyamaAP Business Writer
TOKYO (AP) - Toyota has told its suppliers in Japan to prepare for ramped up production in 2012 and following years, signalling that the automaker is confident it's back on a growth track after being hit by massive recalls and the tsunami disaster.
Toyota Motor Corp. spokesman Paul Nolasco said Wednesday that there was a meeting with suppliers earlier this week so they could be ready to increase production. He said the numbers were guidelines, not targets.
Citing unidentified Toyota officials, Kyodo News reported that the plan for 2012 calls for production of 8.9 million vehicles - a record for Toyota - with 3.5 million vehicles produced in Japan and 5.4 million units overseas. Nolasco declined to confirm the numbers.
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