The Japanese company impressed even itself with a 29% rise in profits and 10% in sales. The remarkable numbers are due to both strong sales of new models like the Sienna minivan while also cutting costs. That's usually a good combination. Toyota also plans to increase production of the popular Prius from 10 to 15,000 vehicles a month. All this good news has pushed the company to improve its outlook for the entire year and expects global sales to reach 7.2 million vehicles up from 6.7 million in 2003.
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