Toyota Predicts 2013 Output to Reach 8.7 Million Vehicles image

Toyota Motor announced it expects to sell 8.7 million vehicles in 2013, an increase of 2.5% from the sales targeted for this year.

Today, December 26th, Toyota Motor said it expects its Toyota and Lexus brands to sell 8.9 million vehicles in 2013, up 2.5% from this year’s predicted sales. Including the figures from Daihatsu Motor and Hino Motors, Toyota expects to manufacture 9.94 million vehicles and sell 9.91 million units next year.

The automaker‘s target for this year is to manufacture 9.92 million vehicles, an increase of 26% from last year, showing a quick recovery from the natural disasters which hit Japan and Thailand in 2011, disrupting production. Toyota sees its group-wide global sales for this year reach 9.7 million units, an increase of 22%.

Toyota is expected to take back its place as the No.1 automaker in the world by the end of this year, after it reached the third place in 2011. For 2012, Toyota reached robust sales in North America and Southeast Asia, and is expected to reach a record 9.7 million vehicles sold by the end of this year, surpassing GM and VW. But the automaker might not reach its 500,000-units target for this year due to decreased demand in China.