Friday, May 25, 2018
Business

Toyota edges out GM in global sales in first half

TOKYO — Toyota shrugged off China sales woes to stay the world's top-selling automaker for the first half of this year, outpacing U.S. rival General Motors, which boasted such bragging rights for seven decades until 2008.

Toyota sold 4.91 million cars and trucks around the world for the January-June period, down 1.2 percent from the previous year, according to numbers it released Friday.

GM said earlier this month it sold 4.85 million vehicles worldwide in the six months, growing almost 4 percent as it gained U.S. sales faster than Toyota.

For the second quarter alone, GM had a slight edge, outselling Toyota by about 10,000 vehicles.

Volkswagen AG of Germany, which includes in its group Audi, Porsche and other brands, trailed Toyota and GM in the global race, selling 4.7 million vehicles during the first half of this year.

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