Last updated on April 19, 2014 at 21:20 EDT

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2008-08-28 18:00:23

Tokyo, Aug. 28 (Jiji Press)--Toyota Motor Corp. said Thursday that it has revised down its group's 2009 global vehicle sales estimate to some 9.7 million units from 10.4 million units due mainly to slumping sales in North America. Toyota President Katsuaki Watanabe announced the lower estimate at a meeting here to explain the Toyota group's business strategy. The estimate covers sales at Toyota and two subsidiaries--Daihatsu Motor Co. and Hino Motors Ltd. . No automaker in the world has...