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Old 05-16-2003, 05:22 PM   #1 (permalink)
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Join Date: Jan 2003
Location: USA
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Default Toyota close to replacing Ford as #2 automaker

Kyodo News - May 12, 2003

NEW YORK, May 12, 2003 (Kyodo via COMTEX) -- Toyota Motor Corp. came close to replacing Ford Motor Co. as the world's No. 2 automaker in unit sales in 2002, U.S. weekly newspaper Automotive News reported in its latest edition Monday.

Sales by Japan's largest automaker rose 4.1% to 6.17 million units in 2002, giving it third slot after Ford by a margin of 650,000 units, the newspaper said.

Toyota's sales included those by its group companies such as Daihatsu Motor Co. and Hino Motors Ltd.

General Motors Corp. retained its status as the world's No. 1 automaker with sales of 8.5 million units, Automotive News said.

Among notable developments, South Korea's Hyundai Motor Co. replaced Honda Motor Co. as the world's seventh-largest automaker with sales up by more than 10% to 2.94 million units due to strong sales in North America, according to the newspaper.

Gabriel,
2001 CL Type S
2001 Lexus RX300 Silversport
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