Tuesday, April 24, 2007

It's About Excellence

TOKYO (AP) — Toyota Motor sold more cars and trucks worldwide than General Motors in the first three months of 2007, marking the first time that Toyota has outsold GM.

Most auto analysts have predicted that Toyota will surpass GM this year as the world's largest automaker — a position the Detroit behemoth has held for 76 years. Toyota's global sales for the January-March quarter rose 9% to a record 2.35 million. GM reported last week that its global sales rose 3% to 2.26 million vehicles.

Toyota has steadily gained on GM in past few years, aided by a shift in the U.S. market away from SUVs and toward more fuel-efficient vehicles.

Toyota's U.S. sales, led by the Camry and Corolla, rose more than 12% last year and sales are increasing at a double-digit rate again this year. In March, Toyota's share of the U.S. market climbed to 16%, behind GM's 22% and Ford Motor's 17%.

In 2006, Toyota's global production surged 10% to 9.018 million vehicles, while GM and its group automakers produced 9.180 million vehicles worldwide — a gap of about 162,000.

It's no time to start popping the champagne, however, because overtaking GM is not Toyota's first priority, said Paul Nolasco, a spokesman for Toyota.

"Our goal has never been to sell the most cars in the world," Nolasco said. "We simply want to be the best in quality. After that, sales will take care of themselves."

Indeed, it is Toyota's reputation for quality and fuel efficiency that has lifted its global sales, including the popular Camry, Corolla and Prius gasoline-and-electric hybrid.

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