Toyota Beats GM

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I expect Toyota's sales lead over GM to continue this year as high gas prices continue to give makers of high-gas-mileage vehicles an advantage over makers of gas guzzlers.

Toyota beats GM in worldwide sales in first half

(AP) Toyota Motor Corp. said Wednesday it sold 4.8 million vehicles between January and June, up 2 percent from the same period a year ago. General Motors Corp. says it sold 4.5 million vehicles in the same period, or about 300,000 less than Toyota.

GM says its total sales fell 3 percent in the first half of the year due to economic pressures and labor disruptions in the U.S. market. But the automaker says it posted record-breaking sales in other regions, including Latin America, Asia and Europe.

GM narrowly beat Toyota in total sales last year to retain the title of the world's largest automaker by sales.

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This page contains a single entry by Muhammed El-Hasan published on July 23, 2008 9:20 AM.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at dailybreeze.com

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