Japan auto makers to boost domestic output before sales tax hike: Media
TOKYO (REUTERS) - Japanese automakers will ramp up production early next year because they expect a big increase in car purchases before a sales tax hike in April, media reported on Sunday.
Toyota Motor Corp will increase domestic output in January-March by about 10 percent compared with this month, the Nikkei business daily reported.
Toyota has already told its parts suppliers that daily output in January-March will total around 14,000 vehicles, the Nikkei said without citing the source of its information.
For December the automaker had planned to produce about 12,500 cars per day, the newspaper said.