Having already passed Ford in terms of sales in the third quarter of 2003, Toyota officially became the world's second-largest car manufacturer by retailing a total of 6,78 million units for the year.

Having already passed Ford in terms of sales in the third quarter of 2003, Toyota officially became the world's second-largest car manufacturer by retailing a total of 6,78 million units for the year.


CARtoday.com reported recently that Ford was bumped off the second spot by Toyota when the Japanese company sold 166 000 more vehicles than the Blue Oval in the third quarter - just two months after the Japanese manufacturer passed DaimlerChrysler in terms of sales.


And on Monday, the Toyota Motor Corporation’s group global sales rose 10 per cent by the end of the year. Ford’s sales for the year totalled 6,72 million units, a reduction of 3,6 per cent.


In 2003, the Toyota group, which also includes Daihatsu Motor and Hino Motors, produced 6,8 million units worldwide, up 8,1 per cent.

Toyota’s domestic production grew one percent to 3,5 million units, and overseas production (which includes vehicles produced by Toyota SA at Prospecton, rose 18,7 per cent to 2,6 million units.

Original article from Car