Toyota outsells GM in first 9 months
TOKYO: Toyota Motor Corp's global sales for the first nine months of the year reached 7.41 million vehicles, little changed from the previous year but outpacing General Motors (GM) to keep its lead as the world's top-selling carmaker.
Detroit-based GM said earlier this month that its global sales for January through September totalled 7.25 million vehicles, up 4.6 per cent from a year earlier. Toyota's vehicle sales for the first three quarters inched up 0.1 per cent.
Germany's Volkswagen AG (VW) sold just over seven million vehicles worldwide during the nine months, making it a close third. VW's global sales increased almost five per cent during that period from last year.
Toyota said that it sold about 2.5 million cars, trucks and buses in the July-September quarter, led by overseas growth.
Although the maker of the Camry Sedan, Prius hybrid and Lexus luxury models is likely to stay the top selling carmaker for the whole year, competition with GM and VW remains intense. AP