Toyota plans to increase production by 20%

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Source: BBC

Toyota announced its plans to boost production by 20% in 2012 pursuing faster recovery after the earthquake in Japan in March and Thailand's floods. Toyota expects to manufacture 8.48 million vehicles and boost sales by 25% to 8.65 million next year. Earlier this year the company lost its leading position in the car market to GM and halved its profit expectation for 2011.

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Thu, 22 Dec 2011 17:31:15 GMT

Global crude steel capacity utilization ratio decreases

Global crude steel capacity utilization ratio decreased to 73.4% in November, down by 2.8%, reported World Steel Association. At the same time, the global commodity output achieved 116 million metric tons last month, indicating 1.1% increase on a yearly basis.

Thu, 22 Dec 2011 17:03:37 GMT

Commodities are viable investment options next year

Commodities have a high investment potential next year, reported BNY Mellon Asset Management. Commodities, having low correlation with volatile bonds and stocks, may provide investors with diversification that will allow them to stay afloat amid US presidential elections, high budget deficit and high inflation expected next year, according to forecasts of the Mellon Capital Management Corporation.

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