Toyota Off Target
SEOUL (Reuters) - Toyota is likely to miss its groupwide global sales target for this year, hit by slowing sales in major markets and a firming yen, an executive vice president said on Thursday.
"Frankly speaking, sales in the U.S., Europe and Japan are showing signs of slowdown. It will be difficult to meet the group's sales target of 9.85 million, although emerging markets such as China and Russia are active," Tokuichi Uranishi, executive vice president of Toyota, told reporters in Seoul.
The sales target is 5 percent higher than sales in 2007.
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