By The Associated Press
TOKYO - Toyota Motor Corp. has sunk to No. 3 in global vehicle sales from pole position but is counting on emerging markets to drive a revival in its fortunes.
Toyota sold 3.7 million vehicles around the world in the first half of 2011, down 11 per cent from a year earlier, mainly because of production disruptions caused by the March earthquake and tsunami in northeastern Japan .
That put it behind General Motors Co., which sold 4.5 million vehicles during the same period, and Volkswagen AG of Germany, with 4.13 million vehicles sold.
Sandeep Singh, deputy managing director at Toyota 's joint venture in India, says growth in India has been so solid for Toyota he is confident the company is headed in the right direction.
DWL @ de comments
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R1
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R1 7 hours ago Report Abuse
Guess they weren't really number 1 afterall. It's not as easy as it seems, is it?!
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A Yahoo! User
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A Yahoo! User 9 hours ago Report Abuse
ha ha - looks like it was hard being number one - look how many people died behind the wheel of a lexus. People saw their games. Profit first stupid north americas second.</div></div>
yasuh
TOKYO - Toyota Motor Corp. has sunk to No. 3 in global vehicle sales from pole position but is counting on emerging markets to drive a revival in its fortunes.
Toyota sold 3.7 million vehicles around the world in the first half of 2011, down 11 per cent from a year earlier, mainly because of production disruptions caused by the March earthquake and tsunami in northeastern Japan .
That put it behind General Motors Co., which sold 4.5 million vehicles during the same period, and Volkswagen AG of Germany, with 4.13 million vehicles sold.
Sandeep Singh, deputy managing director at Toyota 's joint venture in India, says growth in India has been so solid for Toyota he is confident the company is headed in the right direction.
DWL @ de comments
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">2 comments
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R1
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R1 7 hours ago Report Abuse
Guess they weren't really number 1 afterall. It's not as easy as it seems, is it?!
Reply
A Yahoo! User
1 Please sign in to rate this comment up. Please sign in to rate this comment down. 4
A Yahoo! User 9 hours ago Report Abuse
ha ha - looks like it was hard being number one - look how many people died behind the wheel of a lexus. People saw their games. Profit first stupid north americas second.</div></div>
yasuh
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