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Toyota Motor Corp. topped its sales target for the recently ended fiscal year, a positive sign ahead of the carmaker’s earnings announcement next month, although analysts warn of a potentially challenging year ahead.

Toyota sold 903,031 vehicles in March, the automaker said Wednesday, bringing the total to 9.51 million units for the business year through March, its second-highest annual figure. That’s above the company’s most recent goal to sell 9.4 million vehicles. Toyota produced 8.57 million vehicles in the period, broadly in line with its 8.5 million-unit forecast.

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