Toyota widens global sales lead over GM in 3rd quarter
DETROIT (AP) - Toyota has widened its global sales lead over General Motors because its factories have recovered from last year's earthquake.
The Japanese automaker says it sold 7.4 million vehicles around the world through September, up 28 percent from a year earlier. That's 450,000 more than General Motors, which says it sold 6.95 million cars and trucks. GM's global sales are up 2.5 percent for the first nine months.
GM spokesman Jim Cain says the company will stay focused on profitable growth.
Toyota could face a slowdown in the fourth quarter as sales fall in China. Anti-Japanese sentiment flared in China after Japan nationalized tiny islands in the East China Sea.
The move set off violent protests in China and a widespread call to boycott Japanese goods.
The Japanese automaker says it sold 7.4 million vehicles around the world through September, up 28 percent from a year earlier. That's 450,000 more than General Motors, which says it sold 6.95 million cars and trucks. GM's global sales are up 2.5 percent for the first nine months.
GM spokesman Jim Cain says the company will stay focused on profitable growth.
Toyota could face a slowdown in the fourth quarter as sales fall in China. Anti-Japanese sentiment flared in China after Japan nationalized tiny islands in the East China Sea.
The move set off violent protests in China and a widespread call to boycott Japanese goods.
Of course it widened it's lead. After all of the phoney negative propaganda earlier about Toyotas being unsafe, the consumers realize the difference between quality that Toyota makes in their automobiles and the government sponsered lies that our government has put out about GM being a good company.  The proof is in the cars. GM put out junk cars and was going under. Only difference now is that they still put out junk cars, but the taxpayers have to pay for them. Thanks a lot osama obama.