Toyota Aims to Be No. 1 in 2008 Vehicle Sales
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Toyota said itâs aiming to sell 9.85 million vehicles worldwide in 2008, setting an ambitious target despite worries about a slowing U.S. car market.
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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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Forecasts for the U.S. auto market are  downsizing as consumers reel but Japanese carmakers are  confident of another year of record sales in their most  important market in 2008, buoyed by strong fuel efficiency
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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 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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DETROIT -- General Motors Corp. pulled ahead of Toyota Motor Corp. in global sales for the second quarter of 2007 but remained No. 2 for the first half of the year, according to preliminary figures released by the rival automakers.
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Fordâs sales fell 12 percent in 2007, allowing Toyota to replace it as the countryâs second largest seller of vehicles. It was the first year that Ford was not No. 2, behind General Motors, since 1931.
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Toyota Motor Corp. is quickening its quest to unseat ailing rival General Motors Corp. as the world's biggest automaker and widen its lead over Ford Motor Co. with reported plans to boost overseas production by 40 percent to 5 million vehicles by 2008 and blueprints for higher output in North America.
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Toyota Motor Corp  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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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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General Motors posts global 2007 sales of 9,369,524 vehicles - putting it in a near dead heat with Toyota.
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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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No. 1 Japanese automaker posts drop in 3Q earnings, but boosts forecast for global sales in 2004. TOKYO  - Toyota Motor Corp.
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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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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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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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Toyota Motor Corp. , the leading seller of hybrid autos in the United States, is offering its first low-interest loan and lease incentives on the gasoline-electric Prius to boost sales by at least 50 percent this year.