Cars Outsell Light Trucks for First Time Since 2002
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More cars than light trucks were sold in the U.S. last month, as gasoline prices nationwide soared to more than $3 a gallon.
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Daimler&#39;s sales rose 4.7% to 188,492 vehicles from 185,535 a year ago. Year-to-date, sales were up 3% to 1.8 million, while US sales at its Mercedes-Benz unit slipped to 18,323 from 19,273.
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DETROIT/TOKYO  - 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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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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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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General Motors Corp  on Wednesday reported global sales of 9.37 million vehicles in 2007, sharing the mantle of the world's largest automaker with Japanese rival Toyota Motor Corp  for the first time in 76 years.
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GM Europe , increased vehicle sales by 5.3 percent to a record 1,127,871 units in the first half as a surge in demand for its Korean-built Chevrolet brand cars compensated for a hefty decline in Saab sales.
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Nissan Motor Co. and Toyota Motor Corp. stocks rose as Asian automakers grabbed a record share of the US auto market last month, the world&#39;s largest, after gaining on General Motors Corp.
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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  (7203.T) in a closely watched race for the top spot in global  sales.
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DETROIT -- Toyota reported a 17 percent rise in its US sales in August, while GM sales increased 3.9 percent from a year ago as the companies said buyers looked to more fuel-efficient offerings. But Ford's sales dropped 11.6 percent and sales by Honda and DaimlerChrysler each fell 3.2 percent.
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High gasoline prices not only slowed  fuel demand growth and cut sales of gas-guzzling vehicles in  2005, they also prompted Americans to drive less for the first  time in 25 years, a consulting group said in a report Thursday.
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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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Ford Motor Co.  said on Friday  that its first-half Chinese retail sales had risen 101.8  percent from a year earlier to 74,395 vehicles, as it rolled  out new models.
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General Motors crept back to outsell Toyota by 10,000 vehicles over the first nine months of the year, aided by sales outside the United States.
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Asian automakers, led by Toyota Motor and Nissan Motor, gained a record share of the US market in October as improved quality and fuel efficiency bolstered demand for their newest car and light truck models.
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Demand for Volkswagen and Audi vehicles helped VW sell more than three million cars in the first two quarters of this year.
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Gas prices around $3 a gallon have pushed people away from the truck-based sport utility vehicle category and instead are buying cars