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Toyota Philippines projects 2026 vehicle production decline on soft demand

Reported on September 18, 2026, Toyota Motor Philippines Corp. (TMP) expects 2026 vehicle output to be around 60,000 units, below 2025’s record of 63,803 units, with weaker market demand weighing on output.
The company reported 38,221 vehicles manufactured in the first eight months of 2026, a 10% YoY decrease. Monthl....

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