For the first time Toyota Motor Corp. (TOYOF.PK) beat out Ford Motor Co. (F) in sales in the United States last month. Toyota sold 241,826 cars and trucks, up 11.7 percent from last year. Ford had sales of 239,989, down 34 percent. In comparison, the No.1 U.S. automaker, General Motors Corp. (GM) sole 406,298, down 22.5 percent.
This from a WashingtonPost.com article:
Jesse Toprak, executive director of industry analysis at the vehicle-review Web site Edmunds.com, called the July sales report a "psychological milestone" for Toyota. "In July they were the No. 2 automaker in the U.S.," Toprak said. Rival automakers, he said, will have "to deal with the momentum of Toyota in the marketplace."
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