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Toyota cuts forecast

by Tony Sagami on August 27, 2008

Toyota lowered its global sales target for 2009 by 700,000 vehicles to 9.7 million

If Toyota is having a tough time, imagine how bad things must be for the big three U.S. automakers.

Interesting note: Toyota  of a hybrid that can be plugged into regular household electrical sockets by the end of 2009.

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