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.


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LexSucks - 9/28/2009 11:40:21 AM

-3 Boost

Take that naysayers!!

Toyota sells millions of the most boring/average cars in the world. More than anyone else.

Because Toyota sells the most amount of those type of cars, it means that Toyota builds the best cars of any type in the world. Sales don't lie.

91z4me - 9/28/2009 2:37:08 PM

-1 Boost

Sales do lie. For years FWD Cadillacs were outselling Lexus, BMW, MB, and all other luxury makers. Did that mean they were better cars?

Selling boring/average products will only get you so far. At some point someone else (like Hyundai) will do the same thing but for less money and then what do you have? At some point you need excitement and distinction.

WorldofLuxury - 9/28/2009 10:58:27 PM

+2 Boost

STOCKS BUY BUY BUY!!! Then, in a day, SELL SELL SELL! :P