This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/6586679.stm
The article has changed 7 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
Toyota 'world's largest carmaker' | Toyota 'world's largest carmaker' |
(about 1 hour later) | |
Japan's Toyota has overtaken US rival General Motors to become the world's biggest carmaker, a spokesman for the company has said. | Japan's Toyota has overtaken US rival General Motors to become the world's biggest carmaker, a spokesman for the company has said. |
According to company figures, Toyota sold 2.348 million vehicles in the first three months of 2007. | According to company figures, Toyota sold 2.348 million vehicles in the first three months of 2007. |
That compares with General Motors (GM)' sales of 2.26 million cars and small trucks during the same period. | That compares with General Motors (GM)' sales of 2.26 million cars and small trucks during the same period. |
Japanese carmakers have been boosting foreign sales and making gains in the US, the world's largest car market. | Japanese carmakers have been boosting foreign sales and making gains in the US, the world's largest car market. |
A key reason why Toyota is overtaking GM as the dominant car firm is its highly efficient production system. Global changes in the car industry | |
Toyota has enjoyed strong sales on the back of the success of its pioneering hybrid, the Prius, and new models such as the Camry Sedan. | Toyota has enjoyed strong sales on the back of the success of its pioneering hybrid, the Prius, and new models such as the Camry Sedan. |
Meanwhile, GM has struggled to compete and has been forced to cut thousands of jobs and close factories. | Meanwhile, GM has struggled to compete and has been forced to cut thousands of jobs and close factories. |