TOKYO -- Toyota Motor Corp. has raised its 2005 sales forecast. It now expects more sales outside Japan than previously anticipated.
Toyota predicts that sales of Toyota, Lexus, and Scion vehicles outside Japan will rise 11 percent to 5.51 million this year, up from 4.95 million in 2004. That's an increase of 130,000 compared with the Japanese auto giant's December 2004 forecast.
Toyota's production outside Japan will rise 18 percent to 3.58 million in 2005 from 3.04 million last year. That's an increase of 100,000 compared with the December forecast.
In addition, exports from Japan will rise 10,000 from the December forecast to 2.0 million. That's up 3 percent compared with Toyota's 2004 exports from Japan of 1.95 million.
In total, Toyota's production in Japan will surpass its production outside Japan this year, 3.81 million units to 3.58 million. Sales in Japan, though, will account only for about one-quarter of Toyota's global sales.
Toyota forecasts its Japan sales in 2005 to be 1.8 million, up 2 percent from last year, compared with its overseas sales of 5.5 million. The Japan-sales prediction is unchanged from December. The sales forecasts exclude subsidiary Daihatsu Motor Co. and Hino Motors Ltd.
You may e-mail James B. Treece at