Toyota sales rise challenge to GM
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Toyota puts pressure on GM to be the world's biggest carmaker, as global sales rise by 6%.
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Toyota Motor Corp. reported an 11.4 percent jump in earnings for the first fiscal half Monday, as sales growth in North America, Europe and Japan offset losses from an unfavorable exchange rate.
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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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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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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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Toyota Motor Corp., the worldâs most profitable carmaker, posted a 12.8 percent rise in first-half operating profit as strong overseas sales offset higher materials costs and losses from a weak dollar.
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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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NAGOYA, Japan  - Toyota Motor Corp will charge further into emerging car markets to achieve another year of record sales in 2008, likely cementing its title as the world's biggest automaker ahead of General Motors Corp
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Japanese car maker Toyota clocks up an 11.4% rise in interim profits by boosting sales in all its major markets including the US.
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Toyota Motor Corp.  should hit its target of 5-percent U.S. sales growth this year despite a recent slowdown and building concerns about the knock-on effect of the subprime mortgage crisis, the automaker's chief financial officer said on Monday.
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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 said its U.S. sales rose 3.9 percent in February, beating the performance of Detroit rivals Ford Motor and Chrysler. But the auto giant's financial outlook remained clouded by accounting problems.
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TOKYO: Toyota Motor said on Tuesday it expects its group-wide auto sales to rise 7% next year to a record 8.03m vehicles globally as it boosts its production capabilities in almost every corner of the world.
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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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NAGOYA, Japan  - Toyota Motor Corp  will charge further into emerging car markets aiming to achieve another year of record sales in 2008, likely cementing its title as the world's biggest automaker ahead of General Motors Corp .
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Toyota said Thursday global sales of its hybrid vehicles, first introduced 10 years ago, have topped 1 million, a landmark for the Japanese automaker that leads the world in gas-and-electric cars.
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NAGOYA, Japan  - Toyota Motor Corp.  is bullish on the U.S. market and will keep adding manufacturing capacity in the region as demand grows, a top executive said, shooting down a newspaper report that the automaker was changing course to slow down expansion there.