GM Ready To Take Number 1 Spot From Toyota

By: Associated Press
By: Associated Press

General Motors is almost certain to claim the title of world's biggest automaker this year, retaking the top spot from Toyota, which has been hurt by production problems since the Japanese earthquake and still can't escape the shadow of major safety recalls.
The No. 1 title, a morale booster for the winner's employees and managers, would cap GM's remarkable comeback from bankruptcy.
GM's sales are up, mainly in China and the U.S, the world's top two markets. Cars are better than in the past, especially small ones.
Last year, Toyota sold 8.42 million cars and trucks, barely ahead of a resurgent GM, which sold 8.39 million. GM held the No. 1 spot from 1932 until 2008.


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