Toyota Raises Global Sales Forecast By 3%

Toyota Motor Corp, has raised its global sales forecast for the year to March 2010 by 3 percent to 6.7 million cars, the Tokyo Shimbun daily reported on Saturday, in the latest sign of a nascent recovery in auto demand.

Toyota, the world's largest automaker, is also raising its global production by 8 percent to 6.45 million vehicles for 2009/10, thanks to the impact of government subsidies and tax incentives on new fuel efficient cars, the paper said.


2009 Frankfurt Auto Show Photo Gallery