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Toyota may trim 2012 output plan on Diaoyu Islands

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Toyota Motor Corp is considering trimming its 2012 group-wide production plan by about 2 percent because of a drop in sales in China after a territorial row, a Japanese newspaper reported, but the company denied it had altered its target.

Asia’s top automaker may cut its calendar-year production forecast for 10.05 million vehicles by around 200,000 vehicles, the Mid-Japan Economist newspaper said on its website on Thursday, without citing sources. The regional daily is based in central Japan, where Toyota’s headquarters is located. Reported by S.China Morning Post 48 minutes ago.

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