Motoring Weekly

Toyota sales rise on demand in Middle East

April 30 - May 6, 2008
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Japan's top automaker, Toyota has reported that its global sales rose 2.7 per cent from a year ago in the three months through March on the back of steady demand in the Middle East and Asia.

Toyota - which is battling US auto giant General Motors - to be the world's No. 1 carmaker said strong demand in Europe also supported its worldwide sales.

Toyota's global sales for the quarter stood at 2.41million vehicles, it said. Its worldwide production expanded 7.0 per cent from a year earlier to 2.54 million vehicles.

Output of popular, fuel efficient small cars such as the Corolla model grew strongly in China, the company said, while production of pickup trucks rose steadily in Thailand during the quarter.

Toyota overtook General Motors as the world's top automaker in global vehicle production last year, but its US rival still retains the top spot in annual global vehicle sales.

In the Japanese fiscal year through March 2008, Toyota's global output rose 6.4 per cent from a year earlier to 9.66 million vehicles.

Honda Motors, Japan's No 2 automaker, said its global production rose 4.5 per cent from a year ago to 1.02 million vehicles in the January-March quarter.

Nissan said its global output rose 9.4 percent from a year ago to 950,878 vehicles during the quarter.







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