On January 26, Japanese carmaker Toyota hinted to its sales target for 2010: 7.4 million units to be sold in the new year, a 6 percent increase compared to the better than expected 2009. The forecast now seems very unrealistic… After recalling eight models and million vehicles in the US and Europe over safety concerns, the Japanese carmaker is getting ready to feel the revenge of the consumer and expects a sharp drop in sales for January at least.
Prospects don’t look better when looking a… (read more)