Toyota boosted its car production plans for 2018

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Japanese automaker Toyota Motor Corporation said that, amid high demand in the automobile market of China, it boosted the plan for the production of cars in 2018 by almost 2% to 10 million 594 thousand cars. In China, the world's largest car market, such expensive brands as Lexus and Camry are the most demanded. As previously reported, Toyota plans to triple the production of cars in China by 2030. It is reported that the Japanese automaker plans to create a joint venture with the Chinese Geely Automobile Holdings for the production of hybrid cars.

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