NAGOYA -- Toyota Motor plans to make 11 million vehicles worldwide in the 2022 fiscal year starting in April, an increase of around 20% from the current fiscal year and a record, Nikkei has learned.
Target calls for 20% rise in output as automaker bets on chip crunch easing
Toyota's plan to make a record 11 million vehicles in fiscal 2022 starting in April suggests the Japanese automaker anticipates a strong recovery in the global auto market. © Reuters
NAGOYA -- Toyota Motor plans to make 11 million vehicles worldwide in the 2022 fiscal year starting in April, an increase of around 20% from the current fiscal year and a record, Nikkei has learned.