Toyota Overtakes GM In 2008 Chinese Sales

Toyota Motor Corp China car sales beat General Motors Corps in the first nine months of the year as the Japanese company threatens to end GM's 77-year reign as the world's largest automaker.

Toyota's two Chinese ventures boosted nine-month sales 30 percent to 407,427 cars and sport-utility vehicles. GM's car sales were little changed at 373,945, according to Bloomberg calculations based on data issued by the China Association of Automobile Manufacturers.

The Japanese automaker boosted sales of Corollas and other models at about triple the pace of the overall market after opening a new plant last year. Detroit-based GM is counting on overseas growth as the credit crunch has driven U.S. sales down 18 percent this year and the company's shares to a 58-year low.

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Htay7500 - 10/25/2008 11:58:59 AM

+1 Boost

You're more dumber, silly redneck.

inspirion7 - 10/22/2008 2:45:39 PM

+7 Boost

How are Asians dumb? Explain so that we can understand your kind of thinking.

91z4me - 10/22/2008 3:39:39 PM

+5 Boost

Don't feed the trolls. Just deboost them and move on. They just want to cause debate and trouble.

We should all ignore cptamazing4 and amazinBimmer from now on.

sector - 10/22/2008 3:58:47 PM

+1 Boost

So why do you want to probe the mind of a toad...

pchera01 - 10/22/2008 6:58:13 PM

+2 Boost

I am tired of reading bad stuff about GM doing bad and Toyota is getting better. Why can't GM stop this? or How soon they can stop this? or can they ever stop this???

S4cabriofoxone - 10/22/2008 8:14:33 PM

+1 Boost

VW is still #1 in China, by a huge margin:

"Volkswagen AG yesterday said its sales in China slowed for the first three quarters of this year as the global economic meltdown and rising fuel prices tamed market demand.

Europe's largest car maker sold 772,783 vehicles, both imported and locally made, in China for the first nine months of this year, an increase of 13.1 percent, according to a company statement."

Funny how it says their sales "slowed" when they still went up... just less than last year. Duh, that's what happens when you get bigger.

This is from a couple weeks ago BTW.

http://en.ce.cn/Industries/Auto/200810/10/t20081010_17027913.shtml