Quotation: The Japanese car manufacturer Toyota is struggling with difficulties on the German market. Toyota Deutschland GmbH will have to accept significant losses in profits in the current financial year 2007/2008 (31 March) and will clearly miss the net profit of last 21 million euros. “We are happy if the number turns black”, says Managing Director Markus Schrick of the “Frankfurter Allgemeine Zeitung”. Overall, Toyota will sell around 14,000 cars less in Germany than in the year. or. The new Auris compact model will probably miss the sales target of 22,000 cars by 2,000 units, said Schrick. Toyota is experiencing “only” what is happening to most manufacturers in the shrinking German car market: With the increase in VAT, the figures for new registrations have fallen significantly since the beginning of the year. Schrick continues to see Toyota on a growth path because the market share is climbing. Currently, this is 4.3 percent. “We have hardly touched the strategic investments, only the advertising is slightly withdrawn,” he says. Source: This should end the wild speculation and discussions about the Auris approval numbers …