In 2024, Toyota Motors has set a target of manufacturing 10.3 million vehicles worldwide. News Nikkei Asia and Reuters.
According to the news, like 2023, Toyota Motors is planning to manufacture a record number of cars this year. By 2024, the automaker has set a target of producing around 10.3 million vehicles globally.
Toyota is preparing to increase car production due to the massive sales of hybrid cars. In addition, the shortage of automotive semiconductors and other products required for car production is gradually decreasing.
According to Nikkei, the world’s largest car manufacturer has set a target of producing 3.4 million vehicles in Japan alone by December this year. In addition to this, they will produce 6.9 million cars in other factories located outside Japan. Which includes the company’s luxury car, Lexus.