Toyota Retakes Title of World’s Top-Selling Automaker from GM

Business News

0  Updated at 6:13 am, January 28th, 2013 By: EastIdahoNews.com
Share This Story

TED ALJIBE/AFP/Getty Images(TOKYO) — Toyota is once again the leading automaker in the world.

The Japanese company announced on Monday that it sold 9.748 million cars last year, beating General Motors for the top spot.  In comparison, GM sold 9.29 million vehicles in 2012.

Toyota has had a bumpy road back since the earthquake and tsunami in Japan devastated production two years ago.  The natural disasters pushed the company behind GM in global sales in 2011.  Recalls also battered Toyota’s reputation and bottom line.

Now, Toyota is aiming to sell 10 million cars this year.

Copyright 2013 ABC News Radio