General Motors Company (NYSE:GM) outsold Toyota Motor Corporation (TYO:7203) for the first time in six quarters, signaling the resurgence of U.S. automakers.
Detroit-based GM disclosed earlier this month that its sales during April, May and June reached 2.49 million vehicles. That total bests the figure that the Japanese automaker reported Friday, that it sold 2.48 million during the same period.
The maker of Chevrolet posted earnings this week that beat analyst estimates, as did second-quarter results from Ford Motor Company (NYSE:F). In contrast, Toyota's deliveries dropped due to falling demand in its domestic market.
Meanwhile, German automaker Volkswagen AG (ETR:VOW) reached the third spot for the quarter with 2.39 million vehicles sold.
Toyota still leads over the first six months of the year with 4.91 million vehicles sold, followed by GM's 4.85 million and Volkswagen's 4.7 million, according to each of the companies.
Malik Singleton covers manufacturing and other economic news. His previous roles were with City Limits, TIME.com, Black Enterprise and PCMag.com. He is an adjunct at CUNY's...