Trade Resources Company News Toyota Expects to Sell 9.7 Million Vehicles Globally This Year, up 22% From 2011

Toyota Expects to Sell 9.7 Million Vehicles Globally This Year, up 22% From 2011

Business Standard quoted Toyota as saying that it expects to sell 9.7 million vehicles globally this year,up 22%from 2011 as Japan's biggest automaker accelerates a recovery after last year's natural disasters.

The figures may put Toyota back in pole position as the world's biggest automaker,ahead of General Motors and Volkswagen.

Previous company figures said that Toyota,whose brands include Lexus,Daihatsu and Hino,topped the global carmakers'table in the first half of 2012,accelerating past US based GM and the German auto giant.

Toyota lost the title last year a spot it had held between 2008 and 2010 following a slump in production and sales owing to Japan's March 11th quake tsunami disaster,floods in Thailand and the strong yen.

GM,which sold about 9 million vehicles last year,was the world's biggest carmaker followed by Volkswagen with more than eight million vehicles sold.Toyota sold 7.95 million vehicles.

Toyota added that today it expects to sell about 9.91 million vehicles in 2013.It was on track to produce 9.94 million vehicles in 2013,nearly unchanged from this year.

Source: http://www.steelguru.com/indian_news/Toyota_expects_to_sell_97_million_vehicles_globally_this_year/296702.html
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Toyota Expects to Sell 9.7 Million Vehicles Globally This Year