Toyota Motor Corp. on Monday trimmed its world-wide annual sales forecast as demand for its trucks and sport-utility vehicles continues to crumble in the U.S., the Wall Street Journal reports.

Toyota’s bleak outlook for the year shows that the Japanese auto giant will be unable to offset sales losses in America even as it continues an aggressive expansion in China, the Middle East and other emerging markets. Global auto makers are suffering from a steep sales downturn in the U.S. amid an economic slowdown. They are also scrambling to overhaul their production towards smaller, fuel-efficient vehicles, as high gasoline prices push consumers away from once-popular larger vehicles.

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