Financial Times FT.com

Global car sales fall 6% in third quarter

By John Reed in London

Published: October 29 2008 14:52 | Last updated: October 29 2008 14:52

Global passenger car sales fell by about 1m – or 6 per cent – to 16.2m in the third quarter, General Motors said on Wednesday, as it reported a drop nearly twice that level in its own quarterly sales.

America’s largest automaker, which narrowly outsold Toyota worldwide last year, said it had sold more than 2.1 m vehicles globally during the third quarter, down 11.4 per cent on the third quarter of 2007. This brought its total sales in January to end-September to around 7m, down 5.8 per cent on a year ago.

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