TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Toyota top selling automaker despite China fall

About The Tribune-Review
The Tribune-Review can be reached via e-mail or at 412-321-6460.
Contact Us | Video | Photo Reprints

TM $113.69 +$0.75

at close on WEDNESDAY


By The Associated Press

Published: Thursday, April 25, 2013, 12:01 a.m.

Toyota held onto its status as the world's top-selling automaker in the first quarter of this year, although the three-way race with General Motors and Volkswagen is proving tight, as its sales fell in China and Japan.

Toyota Motor Corp. reported Wednesday it sold 2.43 million vehicles during the January-March period, outpacing General Motors Co. at 2.36 million vehicles and Volkswagen AG at 2.27 million vehicles. Toyota's first quarter sales declined 2.2 percent from a year earlier, while those for GM were up 3.6 percent and Volkswagen's jumped 5.1 percent. GM's quarterly results were within about 69,000 vehicles of Toyota's. The Japanese firm reclaimed its crown as world's top automaker last year after losing it to GM a year earlier.

, when it was battered by the tsunami and quake disasters in northeastern Japan.

GM had been No. 1 for seven decades before losing that title to Toyota in 2008.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Earnings carry more weight as investors attempt to look past winter
  2. Wages have soared in Pittsburgh, but economy appears to have stalled
  3. PPG shareholders vote against proposals; sales, profit see double-digit increases
  4. Emboldened by Italy move, QVC to expand into France
  5. NBA player plans Russia’s 1st Hooters
  6. Consol Energy transitions as leadership changes hands
  7. Fed Beige Book survey: Growth picks up across most of U.S. but not in Pittsburgh region
  8. Region’s largest bank PNC posts 7% rise in 1Q profit
  9. Higher fuel costs help established airlines, hinder startups
  10. Czech Republic cancels nuclear reactor project with Westinghouse
  11. Robinson bakehouse invests time, love in artisan products
Subscribe today! Click here for our subscription offers.