Toyota to raise production next year

Toyota Motor, Japan's top automaker, has planned of making 10 million vehicles next year. Its plan will possibly out pace America's top automaker, the General Motors.



Japan's top automaker plans to raise its output projection for 2008 to 9.95 million vehicles worldwide from 9.90 million projected for the current year, the Nikkei business newspaper said. It did not say where it got the information.

The production increase reflects booming sales in China, the Middle East and other emerging economies, the Nikkei said.

Toyota officials could not immediately be reached for comment on the report.

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