Toyota to raise domestic output cap by 10 pct-paper

Newswire

TOKYO, Aug 24 (Reuters) - Toyota Motor Corp. will invest 50 billion yen ($457.6 million) by 2006 to increase its domestic production capacity by 10 percent to meet overseas demand, the Nihon Keizai business daily reported on Tuesday. That would boost the world's second-biggest auto maker's domestic production capacity to 3.8 million units a year, the paper said. The investment would be used to build new production lines at Toyota's plants in Kyushu in southern Japan and in Tohoku in ...

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