Toyota's Plan to Build A New Factory in Indonesia - KOMPAS.com: "Japan’s biggest carmaker Toyota said Thursday it would aim to boost global sales by a fifth next year, seeking growth in emerging markets to counter sluggish demand in the crisis-hit developed world.
A dismal 2011, which saw sales shrink six percent, means the Japanese giant is unlikely to retain its spot as global top dog and will be overtaken by General Motors and Volkswagen. The forecasts come weeks after Toyota more than halved its full-year net profit outlook as it grapples with a strong yen, the impact of the March 11 earthquake and tsunami, and flooding in Thailand which hit supply chains.
But the company is hoping for a bumper 2012 both at home and abroad, setting ambitious sales and production targets. The automaker expects to sell 8.48 million Toyota and Lexus units worldwide in 2012, up from 7.05 million in 2011, and plans to boost their global production by almost a quarter to a record 8.65 million vehicles, rising to 8.98 million in 2013."
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