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Toyota cuts sales forecast by 700,000 because of U.S.


Toyota announced today that it would not meet is goal of surpassing 10 million vehicles this year. The Japanese automaker originally targeted selling 10.4 million vehicles worldwide, but it has now cut that back to 9.7 million. The biggest cause for the scale back was blamed on slowing sales in North America. Sales in the U.S. are now expected to be around 2.7 million units, which is slightly down from the 2.83 million sold in 2007. The U.S. does not carry the full blame for this new (...)

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