Toyota Motor Corp. outsold General Motors Co. and all other carmakers for the second time in three quarters, in the latest example of how Japan's largest manufacturers are benefiting from "Abenomics."
Toyota and its subsidiaries sold 2.5 million vehicles worldwide in the July-September period, up 2.8 percent from a year earlier, according to figures released Monday.
Third-quarter sales at U.S.-based GM, reported earlier this month, rose 5.5 percent to 2.4 million vehicles while the Volkswagen group boosted deliveries, excluding heavy trucks, to about 2.33 million, according to data from the companies.