Toyota beats GM to become the world’s largest automaker

Posted: Jan 21, 2009
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After a really tough 2008, it’s no surprise that General Motors has sold fewer cars than Toyota on a global scale. However that makes Toyota officially the world’s largest automaker for the first time.

GM fell short by 616,000 vehicles announcing that it sold a total of 8.356 million cars and trucks in 2008. Toyota, on the other hand, sold a total of 8.972 million.

Toyota’s sales fell by 4 percent while GM faced an 11 percent drop.

Source: MSNBC


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  • zermatt

    “They passed us in terms of market cap, profitability, cash flow long ago,” Henderson said. “I focus on the sales and how to make us successful. … Honestly this is not a measure that I pay a lot of attention to.” (USAToday)

    When GM was #1 they made a big deal about what that meant and how important it was.

    Things are different when you really are nothing but “# 2″.

  • zermatt

    “They passed us in terms of market cap, profitability, cash flow long ago,” Henderson said. “I focus on the sales and how to make us successful. … Honestly this is not a measure that I pay a lot of attention to.” (USAToday)

    When GM was #1 they made a big deal about what that meant and how important it was.

    Things are different when you really are nothing but “# 2″.