Toyota sells 2.58 million vehicles globally in first quarter, outpacing General Motors, VW
TOKYO – Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.
Toyota Motor Corp. said Wednesday that it sold 2.583 million vehicles in the January-March period, ahead of Detroit-based GM at 2.42 million and Volkswagen of Germany at 2.4 million.
The Japanese automaker’s first quarter sales rose by more than 6 per cent from the same period the previous year. GM’s sales grew 2 per cent, while Volkswagen’s added nearly 6 per cent.
Toyota finished first last year with a record 9.98 million vehicles in sales, remaining the top-selling automaker for a second year in a row. General Motors Co. finished second and VW third.
Toyota is targeting sales of more than 10 million vehicles this year.
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