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

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Reuters Tokyo

Toyota Motor Corp 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.

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.

 

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First Published: Oct 18 2012 | 5:59 AM IST

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