Continental completes global shift away from coal
Continental has achieved a major milestone in its global sustainability strategy by fully eliminating coal and heavy fuel oil from all its tyre production sites.
- Industry News
- 5 March 2026
Toyota Motor Corp plans to produce about 10.3 million vehicles globally in 2024, breaking its record annual production for the second consecutive year, the Nikkei reported.
Toyota is preparing to increase production thanks to strong sales of hybrid vehicles. The shortage of automotive semiconductors and other components is also easing, the Nikkei says.
For the calendar year to December, the world's biggest automaker by sales aims to produce 3.4 million vehicles in Japan and 6.9 million overseas, the report said. The figures include its luxury Lexus brand.
The report was not something the company had announced, a Toyota spokesperson said without commenting further.
Toyota will target an annual output of over 10.5 million vehicles, Nikkei says. It added that the company set electric vehicle production levels at approximately 250 000 vehicles in 2024 and 600 000 units in 2025.
Toyota produced 9.2 million vehicles during the first 11 months of 2023, it said last month. Around a third of the vehicles it sold worldwide over that period were gasoline-electric hybrids.
Continental has achieved a major milestone in its global sustainability strategy by fully eliminating coal and heavy fuel oil from all its tyre production sites.
The global oil market is under pressure, with geopolitical instability driving prices higher and directly impacting consumers at the pump.
With more than 30 years in financial services, Nina Bratlie (photo) brings deep industry experience to her new role as Managing Director of Volvo Financial Services South Africa (VFS).
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You can't buy happiness but you can buy cars and that's kind of the same thing.
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Continental has achieved a major milestone in its global sustainability strategy by fully eliminating coal and heavy fuel oil from all its tyre production sites.
The global oil market is under pressure, with geopolitical instability driving prices higher and directly impacting consumers at the pump.
With more than 30 years in financial services, Nina Bratlie (photo) brings deep industry experience to her new role as Managing Director of Volvo Financial Services South Africa (VFS).