Toyota Motor Corp. plans to rev up global production to a record 11 million vehicles in the next fiscal year beginning in April, up 22 percent from the volume projected earlier for the current fiscal year, sources familiar with the matter said Tuesday.The production plan compares with 9 million vehicles projected in September for the year through March 2022. But it is unclear whether the automaker can proceed with output as planned, as the projection assumes that a global semiconductor shortage caused amid the coronavirus pandemic will be resolved and the coronavirus pandemic will come unde…READ FULL ARTICLE
