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April 23, 2008

Toyota takes 1Q world sales lead from General Motors

DETROIT -- Toyota has taken the global automotive sales lead from General Motors, selling 2.41 million vehicles to GM's 2.25 million over the first three months of the year, according to the Associated Press.

GM said Wednesday its first-quarter sales dropped across the globe by less than 1 percent, but Toyota said its sales were up 2.7 percent during the January-March period.

GM barely won the global sales race with Japan-based Toyota Motor Corp. last year. But Toyota overtook General Motors Corp. as the world's top automaker as measured by global vehicle production in 2007.

Posted by Peter C. T. Elsworth  at 11:13 AM to GM , Toyota | Permalink

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