(June 5, 2011) The president of Toyota Motor Corp. said on Saturday he expects the automaker to resume full production globally in November and its Japanese output is expected this month to recover to 90 percent of levels seen before a March earthquake, Reuters news service reported.

"We are restoring (production) at fast speeds despite ongoing aftershocks," Akio Toyota told reporters during a visit to South Korea.

"We expect our output to recover to normal from November... For Japan's domestic production, we expect to resume 90 percent of our normal output this month," he said.

Toyota and its local rivals have been plagued by shortages of hundreds of components after a magnitude 9.0 earthquake and tsunami on March 11 damaged factories in Japan's northeast.

Production at Toyota is returning to pre-quake levels faster than the company anticipated, with output in June likely to reach 90 percent of pre-quake levels, a company spokesman confirmed on Wednesday.

That more optimistic outlook compares with a prediction last month for production to return to 70 percent of normal.

The president said in April that a complete recovery was expected in November or December.

Source: Reuters