Toyota cuts 2009 global sales forecast
Friday, 29 August 2008
TOKYO, Aug 28 (AFP): Toyota Motor Corp. today slashed its 2009 global sales target due to slowing demand, pushing back its goal of becoming the world's first automaker to sell more than 10 million vehicles in a year.
Toyota, vying with General Motors to be the world's top automaker, said it now aims to sell 9.7 million vehicles in 2009, down from a previous target of 10.4 million.
Toyota has already cut its global sales target for 2008 to 9.5 million vehicles from 9.85 million.
Detroit-based General Motors holds the all-time record of selling 9.55 million cars and trucks worldwide in 1978.
Toyota, vying with General Motors to be the world's top automaker, said it now aims to sell 9.7 million vehicles in 2009, down from a previous target of 10.4 million.
Toyota has already cut its global sales target for 2008 to 9.5 million vehicles from 9.85 million.
Detroit-based General Motors holds the all-time record of selling 9.55 million cars and trucks worldwide in 1978.