Toyota cut global sales forecast
Toyota on Monday cut its 2008 global sales forecast by 350,000 vehicles, or 3.5 per cent, to reflect plunging sales in the US of its pick-up trucks and SUVs.
Toyota Motor Corp, the world's most profitable carmaker, cut its 2009 vehicle sales forecast by nearly 7 per cent due to a severe downturn in Western markets driven by high fuel prices and a credit crunch.