Toyota Motor Corp has told its parts makers that it is planning global output of over 10 million vehicles in 2008, up more than 6 percent from its plans this year, the Nikkei business daily reported on Tuesday.
In addition to the United States, the automaker expects sales growth in emerging markets including China, as demand is likely to increase for its fuel-efficient and environmentally friendly cars, the daily said.
Toyota's sales drive has helped its group, which includes Daihatsu Motor Co. and truck maker Hino Motors Ltd., end General Motors Corp.'s 75-year reign as the world's biggest automaker in 2006.
It outsold the struggling Detroit behemoth by 128,000 units last year, according to Automotive News Data Center.
Japan's top automaker aims to make 10.4 million vehicles in 2008 on a group basis, up from a planned 9.74 million units this year, the paper said.
These figures, given to parts suppliers last week, differ from what Toyota has disclosed as its official global production targets, which do not include cars made for sale under other companies' brands, the Nikkei said.
A Toyota spokesman declined to comment on the report.
Shares of Toyota rose 1 percent to 7,250 yen, outperforming a 0.4 percent gain in Tokyo's transport sector subindex.