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Article: TOYOTA TOPS GLOBAL SALES
- Article from:
- Evansville Courier & Press (2007-Current)
- Article date:
- January 22, 2009
- Author:
CopyrightCopyright 2009 Evansville Courier & Press (2007-Current). Provided by ProQuest LLC. (Hide copyright information)
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Toyota Motor Corp. sold more cars and trucks worldwide than any
other automaker last year, seizing the crown General Motors Corp.
held for 77 years.
But with its overall sales having fallen for the first time in 10
years and the entire industry mired in a slump, there's little for
the Japanese company to celebrate.
GM said Wednesday it sold 8,355,947 cars and trucks around the
world in 2008, falling about 616,000 vehicles short of the 8.972
million Toyota announced Tuesday. GM said the shortfall was mainly
caused by the economic downturns in the U.S. and Europe that slashed
vehicle demand in those major markets, where Toyota doesn't have as