Sunday, December 16, 2007

Toyota sales to soar for 2008

TOKYO (Reuters) - Toyota Motor Corp (7203.T) expects its global production in 2008 to expand to about 9.9 million vehicles, about 500,000 units more than the projection for this year, the Nikkei business daily reported on Sunday.

The expected growth in global output is due to continuing robust sales in China, the Middle East and other emerging economies, the paper said.

Toyota is set to unseat General Motors Corp (GM.N) as the world's biggest car maker by sales volume this year.

No one at Toyota could be reached for comment.

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