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The Boston Globe

Business

Resurgent Toyota widens its sales lead over GM

DETROIT — Toyota has widened its global sales lead over General Motors after bouncing back from a series of natural disasters.

The company said Friday it sold 7.4 million vehicles globally in the first nine months of this year — 450,000 more than GM. While Toyota’s sales rose 28 percent in that period, GM’s rose 2.5 percent, to 6.95 million cars and light-duty trucks.

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Toyota’s factories were hobbled by an earthquake and tsunami in early 2011, leaving it short of cars in the United States and elsewhere. But now the company has recovered, and is building and selling more vehicles globally. Germany’s Volkswagen AG is also seeing strong global sales.

GM is more concerned with profitable growth than the global sales race, spokesman Jim Cain said. Toyota has made similar statements, but executives concede privately that the crown is a matter of corporate pride for both companies.

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