Who Led in Car Sales in 2007? Race Ends in a Tie
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It was effectively a tie, but General Motors emerged from last yearâs hard-fought global sales race with Toyota feeling like the winner.
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DaimlerChrysler DCXGn.DE DCX.N  boosted global car sales 2.1 percent to 3.9 million units in  2004 as a strong showing by U.S. arm Chrysler offset a dip at  flagship Mercedes Car Group, the world's fifth-biggest carmaker  said on Sunday.
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The nation's two biggest automakers, General Motors Corp. and Ford Motor Co. , reported soft sales in January while DaimlerChrysler AG's Chrysler Group and Japan's Toyota and Nissan reported healthy gains in their US sales.
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General Motors Corp  Chief  Executive Rick Wagoner said on Thursday that the No. 1 U.S.  automaker expects overall U.S. auto sales to hold roughly flat  in 2008 with the depressed levels of 2007 even as global sales  hit a new high.
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General Motors Corp. narrowed the  gap with top seller Toyota Motor Corp. in the first half of  2007 thanks to a solid second quarter, although demand  continued to fall in its home North American market.
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Toyota Motor Corp.  posted a rise in January U.S. auto sales on Thursday, claiming the No. 2 spot in the world's largest market for cars and trucks, as sales by rival Ford Motor Co.  fell sharply.
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Sales of hybrid vehicles rose 28  percent in 2006 but growth in the segment dominated by Toyota  Motor Corp.'s (7203.T) Prius is starting to slow, according to  retail sales data released on Monday.
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Toyota Motor Corp. (7203.T) posted a  rise in January U.S. auto sales on Thursday, claiming the No. 2  spot in the world's largest market for cars and trucks, as  sales by rival Ford Motor Co  fell sharply.
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Volkswagen, the biggest European automaker, sold a record 4.61 million vehicles worldwide in the first nine months of 2007, an annualised increase of 8.2 percent, it said Thursday.
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Volkswagen (VW), Europe's biggest car maker, said it had sold a total 5.079 million cars worldwide last year, 1.3 percent more than in 2003.
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GM and Ford sales fell in October as the two largest automakers cut incentives. Sales rose at Chrysler and Toyota, helped by new models.
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DaimlerChrysler AG, the world&#39;s fifth- biggest carmaker, reported a third-quarter profit as Chrysler&#39;s US sales rose. Volkswagen AG&#39;s earnings fell a seventh quarter in a row on higher sales incentives while Fiat SpA&#39;s loss widened.
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Ford Motor Co., the second-largest US automaker, said its US sales of cars and trucks fell 5 percent in October. The 268,474 vehicles sold included a decline of 20 percent from a year
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General Motors Corp  on Wednesday reported worldwide sales of 9.37 million vehicles in 2007, coming in just ahead of Japanese rival Toyota Motor Corp  in a closely watched race for the top spot in global sales.
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Auto sales soared 10% in September, led by a 25% surge at General Motors and increases for Chrysler and Toyota. GM had its biggest gain in two years after boosting rebates.
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US auto sales declined 12 percent to 1.43 million vehicles in August, as near-record gasoline prices hurt demand. The six largest automakers all had sales drops for the first time in almost two years.
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The number 1 U.S. automaker slides on 5.2% reduction in December sales.