Toyota becomes world's biggest seller of cars

Toyota became the world's leading seller of cars in the first quarter of this year, overtaking US rival General Motors for the first time, it said today.

The Japanese group, which began life making weaving looms, said it sold 2.35m vehicles, a 9% jump, compared with the 2.26m sold by GM.

Its American competitor, top dog for 76 years, saw its own sales rise 3% as it continues its recovery from horrendous losses in the past two years by closing plants and axing 30,000 jobs.

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- Posted: 2007-04-24 10:21:49

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