Daily Business News
Sunday, September 17, 2006
  Toyota to rev up output aims to pass GM

Toyota Motor Corp. President Katsuaki Watanabe speaks to a reporter from a Toyota Majesty during its test driving in Oyama west of Tokyo in this Aug. 25 2006 file photo. Toyota Motor Corp. is quickening its quest to unseat ailing rival General Motors Corp. as the world's biggest automaker and widen its lead over Ford Motor Co. with reported plans to boost overseas production by 40 percent to 5 million vehicles by 2008 and blueprints for higher output in North America. Japanese automaker expanding as U.S.’s Big Three are reeling


 
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