GM edges back in front of Toyota
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General Motors, which fell behind Toyota in global sales for the first time in the first three months of this year, has edged narrowly ahead of its Japanese rival in terms of 2007 sales.
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DETROIT -- The US auto sales story line for nearly the past year has been Toyota Motor Corp. kicking the stuffing out of the Detroit Three, but there was a new twist in February.
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Sure, the UAW got back to work and Wall Street revved up GMâs stock. Now comes the carmakerâs real challenge: creating a car Americans will buy.
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Here's how hard it is to navigate today's fickle auto industry: Last year, General Motors Corp. managed to preserve profit in North America, but its market share tumbled. At the same time, GM's share of the European market rose to a five-year high, but the company lost a huge amount of money there.
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Toyota said Thursday that its global group sales rose 6 percent last year to 9.37 million vehicles, making for a tight race against General Motors, the world's largest automaker.
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It's back to the future and back to the dealer for 10 million GM cars.
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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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General Motors Corp. GM.N Chief   Executive Rick Wagoner said there could be further studies on   an alliance with Renault RENA.PA and Japan's Nissan 7201.T   after an Oct 15. deadline set for talks to end.
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Toyota Motor Corp. edged past General Motors Corp. to become the world's biggest automaker by sales volume in 2006, leading industry paper Automotive News said.
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As it tries to overtake General Motors as the leading global automaker by sales, Toyotaâs strategy of  shifting its focus to emerging markets from the United States appears to be paying off.
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Daihatsu plans a major sales drive which could help parent firm Toyota overtake GM as the world's top car firm.
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General Motors Corp. GM.N on Thursday  led a late-day rally in auto stocks, one day after the world's  largest automaker posted dismal U.S. sales results for August  and cut vehicle production.
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SOUTHFIELD, MICHIGAN: General Motors Corp and DaimlerChrysler AG will jointly develop a petroleum-electric power system to catch up with Toyota Motor Corp and Honda Motor Co in so-called hybrid vehicles that save fuel and cut tailpipe emissions.
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The Toyota Motor Corporation, on pace to become the world's biggest auto company, reports a 7.3 percent gain.
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CHICAGO - Toyota will sell more vehicles in the United States than DaimlerChrysler by 2009 to join General Motors and Ford in a new-look Big Three, a leading industry forecaster predicts.
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General Motors Corp. and DaimlerChrysler AG are teaming up to develop fuel-saving hybrid technology for a range of vehicles that will help them compete with hybrid-vehicle leaders Toyota Motor Corp.
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General Motors workers began returning to their jobs this morning, as bargainers for the United Automobile Workers union and the company took a break from negotiations that appeared close to running aground on Sunday night.