GM pulls ahead of Toyota in '07 global sales
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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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Toyota is on track to pass General Motors this year as the world's No. 1 auto company. How GM plans to fight back.
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Toyota Motor Corp (7203.T) expects its  global production in 2008 to expand to about 9.9 million  vehicles, about 500,000 units more than the projection for this  year, the Nikkei business daily reported on Sunday.
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Toyota reported a 39 percent jump in profit in its fiscal first quarter, with strong vehicle sales around the world keeping the company on a pace to possibly overtake General Motors as the world's No. 1 automaker in coming years.
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Toyota plans to sell 10.4 million vehicles globally in 2009, another sign of the Japanese automakerâs momentum toward displacing the industry kingpin, General Motors.
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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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Toyota Motor Corp (7203.T) said on  Thursday its U.S. sales fell 1.7 percent in December.
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Toyota Motor Corporation said it was on track to expand global sales by more than 2per cent in the next two years, after shrugging off a 1.5per cent drop in quarterly profit.
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General Motors Corp. said yesterday its US light vehicle sales plunged 21.3 percent in June, while Toyota Motor Corp. reported its vehicle sales jumped 10.2 percent.
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General Motors Corp. GM.N on Friday  said its U.S. sales soared a surprising 20.5 percent in  September, but the U.S. automaker also cut production and  raised incentives as it grapples with high inventories of  unsold vehicles.
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Toyota Motor Corp is expected to replace struggling US auto giant General Motors Corp. as the world's largest automaker next year amid plans to boost global output, a report has said.
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General Motors posts global 2007 sales of 9,369,524 vehicles - putting it in a near dead heat with Toyota.
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General Motors and Ford Motor Co. continued to lose sales ground in October despite the introduction of several new products. Asian automakers continue to pick up ground as Toyota , Nissan, Honda, and Hyundai all posted sales increases.
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Toyota plans to sell 10.4 million vehicles globally in 2009, it said Friday, a sales target that would put the Japanese automaker ahead of a record hit by world leader General Motors 30 years ago.
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General Motors Corp. posted an  unexpected monthly sales rise on Thursday and Japan's Toyota  Motor Co. made further market inroads as February U.S. auto  sales avoided the slump most analysts had predicted.
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Japan's Toyota Motor Corp. said Tuesday that its third-quarter net profit rose 7.5 percent to a record high on the back of fast-growing sales overseas, particularly in emerging markets.
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DETROIT -- General Motors Corp.'s 76 years of global sales supremacy is ending, as totals for 2007 released on Wednesday showed the automaker in a virtual tie with Toyota Motor Corp.