Watch out Toyota, GM is catching up again

GM narrowed the sales gap between it and the top auto maker, Toyota, in the first half of 2007. Although demand continued to decline in North America, GM said that strong global sales accounted for the boost.

Global sales from April through June totaled 2.4 million vehicles. In the first half of 2007 sales rose 1.7 percent with 4.674 million units sold.

GM was only 42,000 units behind of Toyota’s 4.716 million. 99-year old GM held the number one spot in the automotive industry for 76 years which was taken away by Toyota earlier this year.

Let’s see if GM can take its number one spot back this year.

Source: Reuters

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