BUSINESS
03/28/2008 02:45 am ET Updated May 25, 2011

GM Hangs On To Top Sales Spot Over Toyota

General Motors Corp. gets to keep its title as the world's No. 1 auto maker for at least one more year.

The Detroit auto maker said yesterday that its global vehicle sales rose 3% in 2007 to 9,369,524 cars and trucks. With that total, GM barely squeezed by rival Toyota Motor Corp., which said it sold 9.366 million vehicles. The tight margin suggests the two will continue to battle it out for No. 1, with GM enjoying strong international growth even as it cuts back in the U.S.

Read more on Wall Street Journal