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Toyota lowers forecast as gasoline prices affects SUV sales

Toyota lowers forecast as gasoline prices affects SUV sales

By: Peter Chubb | Posted: July 28, 2008
Filed under: Autos

Toyota Motor Corp. has had to lower their sales and production forecast, this has been blamed on the high price of gasoline. The continuing increase in gasoline prices means that Americans are less willing to purchase SUV’s and pickups, which…