TOKYO -- Toyota Motor Corp. aims to produce 9.7 million vehicles globally in 2008, raising the possibility that it may overtake General Motors as the world's largest automaker that year, a newspaper said.
The Toyota Motor group, including Daihatsu Motor Co. Ltd. and Hino Motors Ltd., recently revised its production target for 2008 under a mid-term business plan, the Asahi Shimbun reported on Tuesday.
A Toyota spokesman said the company had loose internal targets for sales and production further out, but added the only official forecast was to build 8.5 million vehicles globally in 2006.
"We have to gauge what's happening in the market so it's difficult to set a target for the years ahead," he said.
Toyota produced 7.54 million vehicles in 2004, while GM made an estimated 8.99 million that year, the paper said.