Toyota's Production Targets Could Move It Past Gm Soon

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NAGOYA, Japan (AP) -- Toyota announced Tuesday a global production target of 9.06 million vehicles for next year, and analysts said it's only a matter of time before the Japanese automaker overtakes struggling U.S. rival General Motors as the world's top automaker.

Toyota Motor Corp.'s plan, announced by President Katsuaki Watanabe, marks a 10 percent increase from the 8.25 million vehicles Toyota expects to produce this year, and goes neck and neck with what General Motors estimates as its production this year of about 9 million vehicles.

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Toyota's Production Targets Could Move It Past Gm Soon

General Motors does not give full-year produ...

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