Toyota Poised to Regain Crown as World’s Biggest Carmaker
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Toyota Motor Co., poised to regain its title as the world’s biggest carmaker this year, said its vehicle sales may rise 2% next year to a record amount, led by demand from overseas markets.
Global sales, including those of subsidiaries Hino Motors and Daihatsu Motor Co. may climb to 9.91 million vehicles in 2013, the Toyota City, Japan-based company said yesterday in an emailed statement. The maker of the Corolla and the Camry sedan estimates sales expanded 22% to a record 9.7 million this year, the biggest gain since at least 2000.
Toyota is counting on the U.S. to boost sales next year, countering a projected 15% drop in Japan, where government subsidies to purchasers of fuel-efficient vehicles expired in September. The automaker’s 2013 forecast surpasses the previous high of 9.37 million units in 2007, before the global financial crisis sapped demand.
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