Toyota edges GM, keeps lead as world’s top-selling automaker
Volkswagen AG sold just over 7 million vehicles worldwide during the nine months, making it a close third.
TOKYO—Toyota’s global sales for the first nine months of the year reached 7.41 million vehicles, little changed from the previous year but outpacing General Motors to keep its lead as the world’s top-selling automaker.
Detroit-based GM said earlier this month that its global sales for January through September totalled 7.25 million vehicles, up 4.6 per cent from a year earlier.
Toyota’s vehicle sales for the first three quarters inched up 0.1 per cent.
Germany’s Volkswagen AG sold just over 7 million vehicles worldwide during the nine months, making it a close third. Volkswagen’s global sales increased almost 5 per cent during that period from last year.
Toyota Motor Corp. said Monday that it sold about 2.5 million cars, trucks and buses in the July-September quarter, led by overseas growth.
GM had the global sales throne for seven decades before losing the title to Toyota in 2008. GM retook the crown in 2011, when Toyota’s plants were slowed by an earthquake and tsunami in northeastern Japan that damaged suppliers of parts.
Toyota has since recovered and was at the top again last year, butt competition with GM and VW remains intense.
GM and VW are growing in China, while Toyota’s China sales have suffered because of anti-Japanese sentiment over territorial disputes.
Toyota’s growth came largely from strong sales in the U.S., where its Camry, Corolla and Tundra were popular, the company said.
Toyota’s nine-month sales number includes heavy trucks made by its group company Hino Motors, which sold 119,000 vehicles, up nearly 3 per cent from the previous year.
The competition gets even tighter when such models, not in GM’s lineup, are excluded from Toyota’s tally.