Toyota is revising its sales expectations for the US market down this year and is now cautioning that it may suffer a decline there for a second straight year.
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AFP reports that Toyota has previously said it aims to exceed last year’s US sales of 2.62 million vehicles in 2008.
“But we cannot help but say it’s difficult to top last year’s figure,” vice president Tokuichi Uranishi told a meeting of shareholders in the central city of Nagoya, according to a company spokesman.
Toyota suffered a 2% decline in sales in the United States last year following a 12% gain the previous year.
The company said earlier this month that it would cut production at three US plants in Texas, Indiana and Alabama. AFP added.
