Toyota Motor Corp has been reported to have denied its output going back to the state as it was before the earth-quake in two or three months time, which is said to be earlier than expected.

The Japanese automakers have reduced production after the colossal earthquake, which took place in March made supply chains stagnant and ruined a significant nuclear plant, which caused power shortages.

However, General Motors Co, Ford Motor Co and Hyundai Motor Co, Toyota’s rivals, have benefited in sales while the supply of Japanese vehicles fluctuated on dealer lots.

The Nikkei newspaper report has helped raise general sentiments in the Tokyo stock market, which led to Toyota shares, for a little while rise more than 3 % higher. Toyota, on the other hand, is hopeful about their status returning to normal by November or December.

Though Toyota's domestic factories are reported to be back online, they are working at volumes similar to half of the company's initial plans and at an average 40% outside Japan. It plans to gradually increase production from July in Japan and sometime in August abroad.

Analysts have stated that due to all the odds being against Toyota, they are likely to lose their title as the “world's largest automaker” to GM, the disruption in supplies of parts in Japan also affected car makers outside the country.