Toyota eyes global output cut of 200,000 cars on China slump: media


Toyota Motor Corp <7203.T> is considering cutting its group production plan for the 2012 calendar year by around 200,000 vehicles from 10.05 million, or about 2 percent, because of a drop in sales in China after a territorial row, the Mid-Japan Economist newspaper said on its website on Thursday, without citing a source.

The original target, which includes output at Daihatsu Motor and Hino Motor, would make Toyota the first automaker to produce more than 10 million vehicles in a year. The Mid-Japan Economist is based in central Japan, where Toyota's headquarters is located.

Continue Reading Below

A Toyota spokeswoman had no immediate comment on the report.

Relations between Japan and China have soured sharply since last month when a row over disputed islands led to violent anti-Japanese protests across China and badly hurt trade.

(Reporting by Yoko Kubota; Writing by Mayumi Negishi; Editing by Michael Watson)