Andrew Clark in New York 

Ford admits Toyota is set to take No 2 sales slot

Motors.
  
  


Ford has conceded that it is likely to slip to third place by US sales in 2007 for the first time since the Model T. Ford, which dominated the pick-up and sports utility market, sold a quarter of vehicles in the US in 2000. But rising oil prices and changing tastes saw its market share slip to 16.2% last month, with Toyota at 14.9%. George Pipas, chief sales statistician, said Ford's share would fall to "14% to 15%" next year as it cuts production and jobs to plug losses from pension and healthcare costs. Toyota is tipped to overtake General Motors soon to become the world's biggest carmaker.

 

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