Toyota cuts 2009 global sales target (The Auto Channel)

TOKYO August 28, 2008; Yuri Kageyama writing for the AP reported that Toyota lowered its global sales target for 2009 by 700,000 vehicles to 9.7 million Thursday, showing that even one of the world's most durable automakers is being hurt by rising material costs, a slowing U.S. market and soaring gas prices.