Thursday, January 18, 2007

GM SALES DOWN 1% IN 2006

General Motors announced that sales declined 1% from 2005 to 9.09 million vehicles in 2006. Part of the decline can be attributed to rental car companies purchasing 75,000 fewer vehicles from the company last year. A closer look at the numbers shows that sales outside of the United States actually increased last year to 4.97 million, 55% of the total vehicles sold.

Rival Toyota estimates that it sold 8.8 million vehicles in 2006 and plans to build 9.42 million in 2007. Recently, most analysts have predicted it is a matter of when, not if, Toyota sells more vehicles than GM and takes over the global leader.

USA Today

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