Printer Friendly

GM pulls ahead of Toyota; AUTOMOTIVE.

General Motors recovered some lost ground to pull ahead of arch rival Toyota in global sales in the second quarter of this year, figures released yesterday showed.

But the resurgent Detroit-based group, whose European brands include Vauxhall, Opel and Saab, remained in second place over the first six months of the year.

GM said it sold 2.41 million vehicles worldwide in the April-June period, while Toyota said it sold 2.37 million. Toyota overtook GM for the first time in the first quarter of 2007 with sales of 2.35 million versus 2.27 million. And for the first half of the year, Toyota's reported that its global sales totaled 4.72 million compared with GM's 4.67 million.

GM said strong growth in Latin America, Asia and other emerging markets lifted its global sales by 0.4 per cent from 2006's second quarter total of 2.40 million.

"We're on track to have our second-best annual sales performance in our almost 100-year history," John Middlebrook, GM's vice president for global sales, said in a statement release yesterday.
COPYRIGHT 2007 Birmingham Post & Mail Ltd
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Business
Publication:The Birmingham Post (England)
Date:Jul 21, 2007
Previous Article:Terra Firma on solid ground at EMI; MUSIC.
Next Article:Surprise fall in US, but barrel cost near peak; OIL PRICES.

Related Articles
3RD LD: Toyota has no plan to join or block GM-Nissan alliance talks.
3RD LD: Toyota has no plan to join or block GM-Nissan alliance talks.
Annual Study Shows Suppliers Still Prefer Toyota, Honda, but General Motors Shows Dramatic Improvement.
Desperate in Detroit: Black dealerships retune their businesses as consumer demands change.
The milestone that the global auto industry.
Toyota overtakes GM in 2006: U.S. auto magazine.
Toyota topped GM in global sales in 2007: report.
3RD LD: GM reports record net loss of $38.73 bil. in 2007.
GM plans to produce another vehicle in NUMMI plant.
Toyota expected to top GM in U.S. market share in 2010.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters