Friday, 2 March 2012

Toyota announces plan to sell 9.85 million vehicles in 2008

Toyota plans to sell 9.85 million vehicles worldwide in 2008, the company said Tuesday, setting itself an ambitious target despite worries about a slowing U.S. car market as it tries to become the world's top automaker.

Toyota also said it plans to produce 9.95 million vehicles worldwide next year, up 5 percent from this year _ the same projected on-year percentage jump for Toyota's global sales.

Its recent growth has put Toyota Motor Corp. on track to beat U.S.-based General Motors to become the world's biggest automaker by sales. GM has said it estimates this year's sales to total 9.3 million vehicles, against Toyota's estimate of 9.36 million sales.

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