TOYOTA MOTOR CORPORATION (TMC) announced in Japan on 21/12/2008 it’s annual global production and sales outlook for 2008 as follows:

2008 GLOBAL PRODUCTION/SALES PROSPECT:

As for the GCC Region, TMC Oceania, Middle East, and Southwest Asia Marketing Division published the annual sales outlook for 2008 and 2009 as follows:

GCC 2008 TOYOTA & LEXUS SALES PROSPECT AND 2009 SALES PLAN

2007 2008 08 vs 07 2009 09 vs 08
GCC Regional Sales 422,000 517,000 123% 550,000

The 2008 Toyota & Lexus annual sales in the GCC Region is expected to reach 517,000 units (123% vs ’07), exceeding 500,000 units for the first time in the history. TMC also expects to continue it’s firm sales momentum in 2009.

M/s Abdullah Abdulghani & Bros. Co. W.L.L. (AAB), the Sole Agents for Toyota & Lexus vehicles in the State of Qatar achieved a record sales in the year 2008. The Management of AAB takes this opportunity to thank all their customers, clients and well wishers for their continued support and co-operation to achieve this record performance.

Being always keen in providing their valued customers with the highest levels of quality and service at all levels, AAB is preparing for a massive expansion in their existing Service and After Sales Service facilities including Stock Yard Facilities and Logistics Activities in accordance with the Customer Service Enhancement Programme as per Toyota Standards. The opening of the new Toyota & Lexus Showroom in the City Center in the early 2008 is a part of their Infrastructure Augmentation Master Plan, and more satellite Service Centers and Parts Showrooms will be opened in the near future.

The Management of AAB also thanks their principals, M/s Toyota Motor Corporation (TMC) for their support in achieving the record performance. Toyota and Lexus have a full range of models to the taste and requirement of every segment of the society, which are always well accepted by everyone.

Jim Sakaguchi, General Manager of the Oceania, Middle East & Southwest Asia Marketing Division of Toyota Motor Corporation says, “Under the current severe economic situation in the US and European market, I am very much pleased of the sales result in the Middle East Region. We expect the Middle East market to progress steadily in 2009 under the positive context such as stable fiscal revenue of Middle East countries, continuous execution of mega projects, and alleviation of inflation proceeding from the weak Dollar and Euro. On the other hand, as the manufacture cost per vehicles is prospected to increase hereafter due to continuous high fixed cost and the global production decrease, it would be a challenge for TMC to continue cost reduction efforts in order to minimize the increase the vehicle sale price”.