No. 1 Toyota fends off GM and VW in global sales race
By Chris Isidore @CNNMoneyJanuary 23, 2014: 8:17 AM ET
NEW YORK (CNNMoney)
Toyota Motors retained its title as the world's largest automaker in 2013, and the Japanese company said this year it would become the first ever to sell 10 million vehicles.
On Thursday, Toyota(TM) reported it sold 9.8 million passenger vehicles, up about 2% from 2012 and just ahead of the 9.7 million cars and trucks sold at No. 2 General Motors(GM) and 9.5 million sold at Volkswagen AG.
GM and VW both narrowed the gap with Toyota, however. GM reported a 4% gain in and VW's passenger car sales rose 5%.