Toyota Beats Gm with 1q World Sales

Summary


DETROIT - Toyota took the global sales lead from General Motors in the first quarter, capitalizing on growth in China and Europe as GM saw its North American sales drag down gains in other markets.

Toyota Motor Corp. said Wednesday it sold 2.41 million vehicles in the January-March period, compared with General Motors Corp.'s 2.25 million, prompting one industry analyst to predict that 2008 would be the year Toyota unseats GM in global sales.

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Toyota Beats Gm with 1q World Sales

Toyota reported steady demand in Asia and strong demand in Europe, while GM said it had record sales in its regions outside of North America.

GM barely won the global sales race with Toyota last year, but Toyota overtook it as ...

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