Toyota Beats VW in Sales

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By
Muhammed El-Hasan
on April 23, 2009 10:17 AM | | Comments (0) |

VW is benefiting from a lot of EU stimulus spending.


Toyota first-quarter global sales fall 27 percent

TOKYO (Reuters) - Toyota Motor Corp (7203.T) said on Thursday its group-wide sales fell 27 percent to 1.767 million vehicles in the first quarter of 2009, keeping it ahead of Volkswagen AG (VOWG.DE) as the world's top-selling carmaker.

Toyota was expected to be in a tight race with the German automaker in the January-March quarter, when the Japanese giant suffered double-digit percentage drops in its three biggest markets of the United States, Japan and China.

Read more about Toyota beating out VW.

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This page contains a single entry by Muhammed El-Hasan published on April 23, 2009 10:17 AM.

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LA Area Home Prices Drop By 1/4 is the next entry in this blog.

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

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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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