GM Outsells Toyota -- for Now
October 22, 2007
General Motors regained its title as world’s largest automaker when Toyota reported Monday it had sold fewer vehicles than GM in the July-September quarter.
The score with three quarters of the year over stands at Toyota selling 7.05 million vehicles and GM at 7.06 million sales. The race is tight, however. Toyota sold 2.34 million vehicles in the July-September quarter; GM sold 2.38 million.
At the half-year point, Toyota looked like it would take the No. 1 title GM has owned for 76 years. Analysts expect it to happen eventually. Toyota has an aggressive target to sell 10.4 million vehicles for 2009; GM’s best year was in 1978 when it sold 9.55 million vehicles. Where Toyota still has a firm hold on a No. 1 spot is in profitability.
Posted by Michelle Krebs at 6:07 AM under GM , News , Toyota | Comments (5) | digg this | Seed Newsvine
So how many did they sell in 1978? I'm really curious now.
"GM’s best year was in 1978 when it sold 1978."
Posted by: Bob | October 22, 2007 at 8:39 AM
I just love the title "GM outsells Toyota -- for now" as if it is a crime for GM to sell more vehicles than Toyota. I just how the American press and the so-called analysts like to make it seem that American companies are the worse things on the face of the earth. We should be more supportive of our American manufacturing base than tearing it down. Once this country loses it manufacturing base, that's the end.
Posted by: Antonio | October 22, 2007 at 1:14 PM
I think Americans need to wake up. American Cars have come a long way. Now, most American Cars last just as long as any import car. If you will look at our National Debt, our economy, and the US import to export ratio, You will see we import everything and export verry little. This will eventually collapse America. Why don't people see this coming?
People just keep on buying imports.
I have worked on cars for 18 years. I have had to fix just as many imports as American in the last 10 years.
Please try an American Car first. Like I said, they have came a long way.
Take a look at www.huffingtonpost.com (John tepper Marlin)s article on the national debt.
Posted by: Greg | October 30, 2007 at 8:21 PM
The same people that complain about American job losses and think American workers deserve huge benefit packages drive around in imports. I drive cars made by American companys so the profits stay here in America. And about the "quality gap" I messed up a few years ago and bought a new import suv - it was a piece of junk. I could not wait to trade it for a Chevy Tahoe that has been a great truck for over 6 years and 140,000 miles with no problems.
Posted by: Chuck | November 01, 2007 at 1:39 PM
consumer reports and others are the "father" of japanese quality.,, left wing magazines, newspapers, "flower children " writers , editors, etc. CBS was convicted several years ago of sabotage concerning GM trucks... for every horror story of an american auto i can relate to you at a 3 to 1 ratio of japanese horror stories. Am i to believe consumer reports does all their research solely on subscripiton revenue? give me a break.
Posted by: jack | November 03, 2007 at 1:32 PM