Latest Automotive News

Subscribe in a reader



Toyota overtakes Ford as the No. 2 auto seller in U.S. in 2007

Email   small font medium font large font

Google
 
Web AutoNews24h.com

Toyota Motor Corp. overtook Ford Motor Co. to become the No. 2 automaker by U.S. sales in 2007, using new products and relentless strategy to break Ford's 75-year lock on the position.

Toyota sold 48,226 more cars and trucks than Ford, according to sales figures released Thursday.

Toyota's sales were up three per cent for the year, buoyed by new products like the Toyota Tundra pickup, which saw sales jump 57 per cent.

Ford's sales fell 12 per cent, ending with a whimper a year that is expected to be the worst for the auto industry since 1998 as consumers fretted over high gas prices and the economy.

Ford corporate historian Bob Kreipke said it was the first time since 1931 that Ford wasn't second behind General Motors Corp. in U.S. sales.

Ford's car sales plummeted 24 per cent for all of 2007 as some models like the Ford Mustang aged and a new Ford Taurus sedan was unable to match the volumes of the older version. Truck sales were down five per cent for the year.

Jim Farley, who recently became Ford's global marketing chief after a career at Toyota, said the new numbers won't change Ford's recovery plan.

``In fact, it actually accelerates the way we're running the business,'' Farley said. ``It accentuates the difference between how we're running the business and how our competitors are running the business. It requires us to stick to the plan, no doubt, but it also requires us to really accelerate the development of new products.''

Farley pointed out that Ford had some hits in 2007, particularly its Ford Edge and Lincoln MKX crossover vehicles. Ford crossovers grew 62 per cent over the year, far outpacing the industrywide average of 17 per cent.

Receive the latest automotive news by email!

Enter your email address:


Find the new car you want on cars.com

Related news
Automakers reported mixed U.S. sales results for November on Monday, with some new or more fuel-efficient models performing well despite consumer malaise over high gas prices and the weak economy. But even with rising ...
Ford's U.S. sales plummeted 21 per cent in September on deep cuts in sales to car rental agencies. Toyota sales slipped four per cent, but General Motors and Honda fared better in ...
Ford Motor's U.S. sales plummeted 21 per cent in September on a steep dropoff in car sales, while Toyota reported a four per cent decline, according to results released Tuesday. But Honda Motor ...
Ford's new Focus posted an 88 percent increase in retail sales compared with a year ago; highest April sales for Focus since 2000. Retail sales for mid-size sedans also were higher; Ford Fusion up ...
Industry analysts are predicting a lacklustre end to an already dismal year for North American automakers, likely the worst in nearly a decade. Holiday discounts failed to bring U.S. consumers out of their funk, ...
BMW sales rose by 9.2 per cent last year, with buyers snapping up its luxury sedans and the speedy Mini, the carmaker said Wednesday. The Munich-based company _ whose brands include BMW, Mini ...
The automaker Daimler AG, whose brands include Mercedes-Benz and Smart, said Tuesday its 2007 auto sales rose by almost two per cent, with demand growing in the U.S. and Asia for the new ...
DETROIT (AP) _ When it comes to car quality, think South Korean. Hyundai Motor Co. leads in five categories in the annual vehicle quality study released Monday by Strategic Vision Inc., a ...



Run A Car On Water
Convert your car to run on water and gas to save over 40% on fuel costs!

Government & Police Auto Auctions
Find new and used cars up to 90% off retail value!

Get Paid To Drive
Drive a free new car or get paid up to 00 every month to drive your own car like you normally do.

Auto Price Quote
Get a free auto price
quote from Edmunds!
Toyota overtakes Ford as the No. 2 auto seller in U.S. in 2007
> © 2006-2008 AutoNews24h.com except where otherwise noted