TOKYO -- Toyota Motor Corp. has so far beat the global slump with a sales increase of 2.2 percent to 4,817,941 vehicles worldwide in the first half of 2008.
But the worlds biggest automaker may still end up cutting its full-year target.
Toyota will trim its full-year goal to around 9.5 million vehicles, from an earlier forecast of 9.85 million, according to Japans Nikkei business daily. The downward revision was triggered by worse than expected performance in North America, Japan and Europe, it said.
Toyota spokesman Paul Nolasco said the company reviews its full-year numbers every July, but could not give further details.
Toyotas first-half performance puts it on pace to miss its 9.85 million goal. The figures were offered just before General Motors was announce its results for January-June.
Toyotas results count retail sales and include figures for Lexus, Scion, Hino and Daihatsu. The company offered no regional breakdown.
From April-June , Toyotas sales climbed 1.8 percent to 2,406,583 vehicles, from 2,364,779 units in the same period a year earlier.