TOKYO, July 31 Toyota Motor Corp is set
to raise its 2012 global sales forecast to 8.8 million vehicles
from the 8.58 million it had announced in February as it sees
solid auto sales in emerging economies, Yomiuri newspaper
reported on Tuesday.
The revision, to be announced as early as this week, is
likely to bring Toyota's group sales forecast close to 10
million vehicles from the current outlook of 9.58 million, the
Yomiuri reported without citing a source.
The group forecast includes sales at Daihatsu Motor Co
and Hino Motors Ltd.
Japan's biggest automaker did not confirm the report. "We
are planning to closely study the current conditions in
considering such matters," said Joichi Tachikawa, a spokesman at
The maker of Camry sedans and hybrid vehicle Prius regained
the lead in global car sales over General Motors Co in
the first half of 2012, having sold 4.97 million vehicles
That was a jump from the 3.72 million it sold last year, when
the car maker was grappling with the effects of a huge
earthquake that struck Japan in March.
Toyota, due to report its first-quarter earnings on Friday,
is expected to swing to a quarterly operating profit of 306.1
billion yen ($3.9 billion) for the three months to June, from a
108 billion yen loss in the same period a year ago, according to
an estimate of seven analysts polled by Thomson Reuters I/B/E/S.