Toyota releases its delayed fiscal-year projections today, saying production will overtake prior-year, but its sales will not. Toyota expects its global output to hit 7.39 million vehicles in fiscal 2012, which ends March 31, 2012. The Japan-based auto maker produced 7.34 million vehicles in fiscal 2011. However, the lag between the time vehicles are assembled and sold will reduce fiscal 2012’s total deliveries to 7.3 million, down from prior-year’s 7.56 million, says Takahiko Ijichi, ...

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