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Automotive News
FRANKFURT (Reuters) - Volkswagen overtook Ford in the first half of the year as the world's third-largest carmaker by vehicle sales, VW said in a statement on Thursday, in yet another sign of Detroit's waning influence.
TOKYO -- Slumping sales in North America have taken a big bite out of Toyota's 2009 sales target, quashing plans for it to be the first automaker to sell 10 million vehicles a year.
Toyota expects European sales to fall 3.8 percent this year and is slowing production at plants in the UK and Poland to meet the downturn. Regional sales will dip to 1.
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