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Toyota Outsells GM in Quarter as Abe Gives Edge to Japan

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.

Japan’s biggest company and its subsidiaries sold 2.5 million vehicles in the July-to-September period, up 2.8 percent from a year earlier, according to figures released today by the Toyota City-based carmaker. Third-quarter sales at Detroit-based GM, reported earlier this month, rose 5.5 percent to 2.4 million vehicles while Volkswagen AG boosted deliveries, excluding heavy trucks, to about 2.33 million, according to data from the companies.