Toyota passes out Ford
Toyota sold 2.62 million cars and trucks in 2007, which amounted to 48,226 more than Ford, according to sales figures released yesterday. Toyota’s sales were up 3% for the year, buoyed by new products like the Toyota Tundra pick-up, which saw sales jump 57%. Ford’s sales fell 12% to 2.572m vehicles.
General Motors Corp remained the US sales leader, selling 3.82m vehicles in 2007. But that was down 6% from the previous year as customers turned away from some large sedans and sport utility vehicles and GM cut low-profit sales to employees and rental car agencies. GM’s car sales fell 8% for the year while truck sales were down 4%.