Toyota Plans Output Hike As Recovery Begins

Japanese carmaker Toyota Motor plans to increase production at its Philippines facility by 25% in 2010, which would see the plant reach its full capacity. According to Toyota Motor Philippines (TMP)' vice president, Rommel Gutierrez, the plant is currently operating at 75% of its installed capacity, taking production for this year to around 22,000 units of the Versa and Innova models

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