It Happened One Day Last Year > Toyota

Filed in archive on June 12, 2007

Toyota Motor Corporation not only unseated Ford for the World's No. 2 spot last year, but it also managed to unseat the General for top automaker du monde, according to a Detroit News report sited by Reuters. The report suggested that General Motors tried to bulk up its total sales tally by counting the vans it sold in conjunction with Chinese firm Shanghai Automotive - a company in which GM owns less than a 50% stake. Ouch.

Rather than contesting its top spot, ToMoCo just quietly did what ToMoCo quietly does - make and sell lots of cars (8.8 million last year), efficiently. By the new numbers, Toyota outsold GM by some 128,000 units.

[Source: Reuters]