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TOKYO – Toyota Motor Corp. is aiming for an auto business first by achievement punctuation income of 10 meg vehicles by 2015 modify as it acknowledges that too fast ontogeny was at the root of its request fiasco.

Toyota President Akio Toyoda gave the 10 meg figure weekday while outlining the company's "global vision" in his first field strategy declaration since the request crisis that impact a assemblage and a half ago.

The Asian maker reportable worldwide income of 8.42 meg vehicles last assemblage — 30,000 more than General Motors Co.'s 8.39 million. Toyota dethroned GM as the world's No. 1 maker by container income in 2008 — a function GM held for 76 years.

Speaking at a Tokyo hotel, Toyoda said the car maker wants to attain millions of customers happy, and modify denied he was gift a nonverbal income target. He repeatedly stressed goals like calibre controls, customer spirit and solidified profits.

Toyota, which makes the Prius organism and Lexus luxury models, hopes to achieve an punctuation operative acquire of 1 1E+12 yearning ($12 billion) "as presently as possible," modify if the yearning relic strong and container income drop by 20 percent, Toyoda said.

He said the vision was based on what the consort had learned from its calibre problems and the income hammering from the global business crisis of 2009.

Since late 2009, Toyota has declared request after recall, concealment a wide range of defects, including imperfect story mats, sticky pedal pedals and glitches in braking software, ballooning to more than 14 meg vehicles globally.

The consort paid the U.S. polity a achievement $48.8 meg in fines for its direction of threesome recalls. Toyota faces mountain of lawsuits from owners in the U.S., including fatalities allegedly linked to defects.

Last month, U.S. regulators closed their 10-month investigation, clearing Toyota of electronic flaws, and uncovering machinelike problems covered by the recalls took tending of the inadvertent acceleration cases.

The consort has said calibre problems emerged as it went through a punctuation of fast growth.

Toyoda said the automaker's commission of directors module be reduced to 11 from 27, but the number of executives overseas module be boosted to 15 from 13, to attain for quicker decision-making and to be more susceptible to regional needs.

One bounteous modify from time visions was that the stylish was written in English, which Toyoda said was the world's planetary language.

Toyoda often switched into arts during the presentation, using phrases like "smiles from customers around the world," and "our commitment to calibre and unceasing innovation."

Toyota module also focus more on aborning markets for new growth, aiming for 50 proportionality of its income from those nations, up from the underway 40 percent.

"This vision is about what category of consort we are, our values and the agency to what category of consort we poverty to be," Toyoda said.

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