Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz), the world's biggest automaker, will cut its global sales plan for 2009 to below 8.7 million vehicles, down at least 10 percent from its previous forecast, a Japanese newswire said on Wednesday.

Toyota, which shocked investors last month with a massive reduction to profit forecasts for this business year, has said it would announce updated sales projections at a year-end news conference in December.