UPDATE 2-Toyota to top GM as biggest auto maker in 2006-paper

Newswire

(Recasts, adds China expansion plans) By Chang-Ran Kim, Asia auto correspondent TOKYO, Oct 26 (Reuters) - Toyota Motor Corp. will jack up vehicle output by 11 percent next year, unseating General Motors Corp. as the world's biggest manufacturer of automobiles, a Japanese newspaper reported on Wednesday. Toyota, whose profits and market value already dwarf those of its rivals, plans to raise group output to more than 9.2 million vehicles worldwide in 2006, or nearly 1 million more than ...

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