Toyota Reclaims Worlds Largest Automaker Title

General Motors, which regained the largely symbolic title of world's largest automaker in 2011, slipped back into the second slot for the first quarter of 2012.

Toyota sold 2.49 million vehicles globally in the first three months, edging GM's 2.28 million total and Volkswagen's 2.16 million, Bloomberg News reported.

Toyota's three-year stretch as the world's largest automaker ended in 2011, when the company endured production setbacks in the aftermath of the devastating Japan earthquake and tsunami. But the Japanese automaker, which posted a 15.8% increase in U.S. unit sales during the first quarter, has restored its manufacturing capacity and sales are surging.

thetruth01 - 5/11/2012 11:45:29 AM

+4 Boost

Autospies rumors' of Toyota's demise have been greatly exaggerated.