Toyota Wants to Build 10 Million Cars per Year

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Challenged by Volkswagen, who aims to become the world’s largest automaker by 2018, Japanese manufacturer Toyota is looking to increase its yearly production at 10 million vehicles.
Speaking to Automotive News, Toyota president Akio Toyoda revealed that his company wants to boost global sales beyond 10 million units a year in the near future, by using the new TNGA modular platform. "No company in this industry has ever exceeded 10 million units, but we would like to achieve that level," Toyota Motor Corp. president Akio Toyoda said. “And the means that we can use is TNGA."

Announced last year, the TNGA, which stands for Toyota New Global Architecture, represents the automaker’s new production strategy. Based on massive use of common modular components, the new architecture is similar to those implemented by several German manufacturers, including Volkswagen and Mercedes-Benz.

The new production approach will debut in 2015 with three front-wheel drive vehicle platform. The first stage is rumored to include the Toyota Prius as well.

Story via AutomotiveNews
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Ask Ciprian about cars and he'll reveal an obsession with classics and an annoyance with modern design cues. Read his articles and you'll understand why his ideal SUV is the 1969 Chevrolet K5 Blazer.
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