Toyota(US:TM) Cai Jing Wang·2025-08-05 02:39Core Viewpoint - Toyota has informed suppliers that despite the impact of U.S. government tariff policies, the company is increasing its global production target for 2025 to approximately 10 million vehicles, driven by strong sales of hybrid vehicles [1] Summary by Relevant Categories Production Targets - Toyota's global production target for 2025 has been raised to about 10 million vehicles, up from an earlier plan of approximately 9.9 million vehicles for this year [1] - The previous highest annual production record for Toyota was in 2023, reaching 10.03 million vehicles, which includes Lexus brand vehicles [1] Market Performance - The increase in production targets is attributed to robust sales of hybrid vehicles, indicating a positive market response and demand for this segment [1] Impact of Tariff Policies - The company acknowledges that U.S. government tariff policies will have some impact, but it remains optimistic about its production goals [1]