TribLIVE

| Business


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

Toyota top selling automaker despite China fall

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

TM $113.69 +$0.75

at close on WEDNESDAY

By The Associated Press
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.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. Experts: If health insurers’ safeguard goes broke, consumers could pay
  2. Kings Family Restaurants sold to California firm
  3. Rules could kick door open for nuclear power
  4. Camera prevalence approaches sci-fi realm
  5. Visa limits vex businesses
  6. Scented society is killing cheap perfume industry
  7. Tech sector drives gains on Wall Street
  8. Nike, Under Armour invest in watching exercisers’ steps
  9. Paper’s prevalence unlikely to diminish
  10. Pittsburgh union serving TV, film production looking for lots of help
  11. DeVry shift to online classes prompts closing of Pittsburgh campus