North American sales were 2.21 million units, a decrease of 746,000 units. The company reported European vehicle sales of 1.06 million vehicles, which reflects a decrease of 222,000 units. In Asia, sales were down by 51,000 units. In Latin America, Africa and the Middle East, sales were off by 84,000 units.
The company's president Katsuaki Watanabe said in a release
that Toyota will: "Accelerate our profit improvement activities including expansion of our hybrid vehicle lineup. We plan to launch four hybrid models in Japan and three models overseas within this
fiscal year." He said the company expects profit improvement in fiscal 2010 through reduction of variable and fixed costs to be around 800 billion yen.--Karl Greenberg
advertisement advertisement