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January 23, 2008

GM, Toyota in Dead Heat in 2007 Sales

DETROIT -- General Motors said Wednesday it sold 9,369,524 vehicles worldwide last year, up 3 percent from 2006 but putting it into a virtual dead heat with fast-rising Toyota for the 2007 global sales crown, according to the Associated Press.

Earlier this month, Toyota reported global sales of 9.37 million vehicles, but the Japanese automaker did not release a number down to the last vehicle sold, leaving the sales race too close to call.

Detroit-based GM has held the title of world's largest automaker for 76 years, but Toyota's strong U.S. growth and GM's U.S. sales decline helped Toyota move closer to the top spot in recent years.

Posted by Peter C. T. Elsworth  at 9:57 AM to GM , Toyota | Permalink

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