TORRANCE, Calif. -

Along with recapping its annual World Convention, Toyota Motor Corp. declared Wednesday that despite ongoing production hurdles, the OEM has the inventory to reach its sales goals.

Based on parts availability, the automaker indicated its North American vehicle plants will continue operating on a normal production schedule during the weeks of Nov. 21 and Nov. 28, including overtime.

Toyota also intends to operate previously scheduled Saturday production at Toyota Motor Manufacturing Canada on Nov. 26 and Dec. 3. 

“With healthy inventory levels at dealerships leading into the annual Toyotathon year-end sales event, Toyota is well positioned to achieve its fourth quarter sales objectives,” company officials stated.

“Decisions regarding future production schedules will be made based on an ongoing assessment of the parts supply situation,” they added.

Toyota has offered several production updates following the recent flooding in Thailand as well as the earthquake and tsunami earlier this year in Japan.

World Convention Highlights

In other news from the automaker, it held its seventh Toyota World Convention in Las Vegas earlier this week. The company highlighted approximately 1,100 people attended the convention, including representatives from about 300 dealers, manufacturing affiliates and finance corporations in approximately 150 countries and regions around the world.

Conducted almost every four years since in 1984, officials reiterated that the Toyota World Convention is an opportunity for TMC to express gratitude to its dealers and other affiliates throughout the world, as well as a chance to discuss future business strategies as a global entity. 

The theme of this year’s convention was based on the Toyota Global Vision announced in March and aimed to share the automaker’s corporate philosophy on progress, which includes ever-better vehicle development, future technology strategies and steps toward a mobile society of the future.

At the main meeting, president Akio Toyoda expressed his belief in Toyota’s sustainable growth.

“Growth means changing in step with changes in society,” Toyoda declared.

“Only by promoting change can sustainable growth be created. Toyota can achieve sustainable growth if we can continue making better cars for people,” he continued.

Toyoda also went on to reaffirm his drive to work together with Toyota team members the world over to make ever-better units that exceed expectations.

In the product and technology programs that followed, participants had the opportunity to experience the making of vehicles first-hand with a variety of hands-on test-drive and ride-along programs. Test drives included conventional-fueled models such as the new Lexus GS and new Toyota Camry as well as new environment-friendly units such as the Prius plug-in hybrid and a pure-electric version of the iQ ultra compact vehicle.

Participants also had the chance to experience the latest in safety technology: the Pre-collision Safety System.

Vehicles significant to Toyota’s history such as the first-generation Corolla, the first-generation Prius and the 2000GT were also on display.