Toyota flags sales fall in 2015 as emerging markets, Japan stall

Monday, 26 January 2015 00:00 - - {{hitsCtrl.values.hits}}

(Reuters) - Toyota Motor Corp said last week it expects its vehicle sales to fall slightly in 2015 in a move that could see rival Volkswagen AG steal the industry crown this year. Toyota said it expects 2015 group-wide global sales to fall about 1% to 10.15 million vehicles as demand stalls in emerging markets such as China and Indonesia, as well as in Japan after the country’s sales take hike last year. The figure includes sales at subsidiaries Daihatsu Motor Co and Hino Motors Ltd. Toyota expects its parent-only sales to rise 0.4% to 9.18 million vehicles, with a 2% rise to 7.73 million vehicles overseas and a 7% fall to 1.45 million in Japan. In 2014, its group-wide sales grew 3% to 10.231 million vehicles.

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