Toyota Tops Ford in U.S. Vehicle Sales
Posted on: Thursday, 3 January 2008, 18:00 CST
Toyota's monthly sales slowed in a tough U.S. market in 2007 but the Japanese automaker edged Ford for second place in annual sales.
General Motors, struggling to stay ahead of Toyota, reported a 4.4 percent decline in December sales and a 6 percent drop for the full year, to 3,822,611 vehicles from 4,065,341.
GM said sales of cars and light trucks were 319,837 in December, down from 334,501 a year earlier, the Wall Street Journal said. Retail sales, not counting fleet sales critical to GM's program, rose 1.5 percent.
Toyota posted a 3.1 percent rise in full-year U.S. sales. Ford sales fell 12 percent for the year. Chrysler is expected to report its sales results shortly.
Toyota said it sold 224,399 vehicles in December, compared with 228,322 a year earlier, once again beating Ford, whose sales fell to 210,855.
For the year, Toyota sales rose to 2,620,825 while Ford's declined to 2,558,403. That gave Toyota a sales bulge over Ford of 62,422 vehicles for 2007.
Source: United Press International
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