Japan's Toyota group aims to sell 10.4 mln vehicles globally in 2009 |
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Published
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Fri, 31 Aug 2007 08:42
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TOKYO (Thomson Financial) - Japanese automaker Toyota Motor Corp said Friday it plans to sell 10.4 million vehicles globally in 2009, 18.2 percent more than in 2006, because of growing demand in North America, China and other emerging economies.Toyota also said it aims to sell 9.34 million vehicles in 2007 and 9.8 million in 2008.The sales targets include sales by subsidiaries Hino Motors Ltd and Daihatsu Motor Co.The Toyota group sold 8.8 million vehicles in 2006, less than the global sales of 9.1 million of General Motors Corp of the US.If Toyota hits its 2009 sales target, it will become the first automaker to sell more than 10 million vehicles in a single year, analysts said. GM sold a record 9.55 million vehicles in 1978.Toyota replaced GM as the world's largest automaker in the first half of 2007.(1 US dollar=116.38 yen)yumiko.nishitani@thomson.com-yas/jm/clCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Toyota to sell 10.4 mln vehicles globally in 2009 - report 