Toyota Pulls Ahead of GM

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By
Muhammed El-Hasan
on October 29, 2008 10:01 AM | | Comments (0) |

Everyone was expecting Toyota to edge out GM as the world's No. 1 auto maker, wether in boom times or during a recession.


GM 3Q global sales drop 11 pct, trail Toyota

NEW YORK (AP) -- General Motors says its third-quarter worldwide sales fell 11 percent on weak U.S. demand, falling short of Toyota's total for the period.

Detroit-based General Motors Corp. said Wednesday it sold a total of 2.11 million vehicles in the third quarter, while Toyota's sales fell 4 percent to 2.24 million. Japan-based Toyota Motor Corp. also blamed a continued drop in U.S. demand for its decline.

For the first nine months of the year, GM sales fell 5.8 percent to 6.66 million vehicles.

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This page contains a single entry by Muhammed El-Hasan published on October 29, 2008 10:01 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 muhammad.el-hasan@dailybreeze.com

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