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Toyota sees 2010 sales up 6pc

Tokyo, January 26, 2010

Toyota Motor Corp expects its group-wide sales to climb 6 percent to 8.27 million vehicles in 2010, likely giving it a comfortable lead over Volkswagen and General Motors as the world's biggest automaker.

Excluding units Daihatsu Motor and Hino Motors, Toyota expects to sell 7.4 million vehicles worldwide, up 6 percent, it said in a statement on Tuesday.

Toyota is counting on brisk growth in Japan, where it expects sales of Toyota and Lexus cars to jump 9 percent to 1.5 million vehicles after government subsidies to replace older cars were extended by six months to the end of September.

It also expects its parent-only overseas sales to grow 5 percent to 5.9 million vehicles, driven by a sharp rise in the United States, its single biggest market, and China.

Last year, Toyota sold 7.813 million vehicles as a group, down 13 percent, while Volkswagen sold a record 6.28 million vehicles in 2009. GM has not disclosed its 2009 sales tally. - Reuters




Tags: Cars | Toyota | Automaker |

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