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Toyota global sales forecast rises on green demand

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Toyota raised its global sales target for this year to 8.58 million vehicles, up 21 percent from the previous year, as incentives for ecological cars lift demand in Japan. Toyota Motor Corp., which struggled from production interruptions last year caused by Japan's tsunami and flooding in Thailand, raised its forecast for Japan sales Wednesday to 1.63 million vehicles from an earlier 1.53 million. The latest forecast marks a 36 jump from the previous year. Toyota has been aiming for a comeback and had said in December that it plans to sell 8.48 million vehicles in 2012. The Japanese automaker behind the Lexus luxury car and the Camry sedan sold 7.95 million vehicles in 2011, down 6 percent from 2010. (AP)

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