Toyota Motor Corp. says it aims to boost global sales by 3 percent to 7.7 million vehicles next year.

The world's biggest automaker expects shrinking domestic sales to offset growing overseas demand.

It is targeting sales of 1.3 million vehicles in Japan, down 17 percent. It hopes to sell 6.4 million vehicles outside Japan, up 8 percent.

Toyota estimates that its global sales this year grew 7 percent to 7.48 million vehicles.