ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Automobiles

Toyota to produce record 9.2m vehicles in 2021

Auto giant embarks on bullish plan of 2% increase compared to pre-pandemic

A Toyota factory in Iwate Prefecture. The Japanese automaker expects a big boost as the world recovers from the pandemic. (Photo by Konosuke Urata)

NAGOYA, Japan -- Toyota Motor expects to produce a record number of vehicles this year, a sign that the Japanese carmaker has overcome the negative impact of COVID-19 and is shooting for an aggressive expansion, Nikkei has learned.

Toyota plans to produce around 9.2 million vehicles worldwide through next December, up 17% from the previous 12 months. The figure surpasses by around 2% the number of units Toyota built in 2019, before the pandemic, and would be the most the storied Japanese automaker has ever made in a single year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more