Toyota finishes ahead of Ford in 07
General Motors Corp. remained the U.S. sales leader, selling 3.82 million vehicles in 2007. But that was down 6 percent from the previous year as customers turned away from some large sedans and sport utility vehicles and GM cut low-profit sales to employees and rental-car companies. U.S. sales totaled 16.1 million vehicles, down from 16.6 million in 2006, according to Autodata Corp. Even worse, GM could fall behind Toyota in the race to be the world’s biggest automaker. GM said Thursday it made 9.28 million vehicles worldwide last year, roughly 230,000 fewer than Toyota’s 2007 production estimate of 9.51 million. Toyota expects to have final numbers later in January. The real prize, the worldwide auto sales lead, must still be determined, with both companies to release 2007 global sales figures later this month. GM has been the world’s largest automaker by sales for 76 years.
More articles
Tags: 1 million, Auto, Auto Sales, automaker, Ford, general motors corp, gm, sport utility vehicle, sport utility vehicles, Toyota
