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Toyota denies report on plans to reduce 2012 output
- Japan: Saturday, October 20 - 2012 at 05:57
Toyota Motor Corp has denied a report by a Japanese daily that said the automaker was considering reducing its 2012 group-wide production plan by about 2% due to a fall in sales in China after a territorial row, Reuters has reported. Asia's top automaker may cut its calendar-year production forecast for 10.05 million vehicles by around 200,000 vehicles, the Mid-Japan Economist newspaper said, without citing sources. "The figure cited in the report is not based on anything announced by us, and at this time there are no changes to the figures we presented earlier," said Toyota spokeswoman Shino Yamada.
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