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GM regains crown as top-selling automaker, Toyota No.3
General Motors back as the world's top-selling automaker from Japanese rival Toyota Motor Corp, less than three years after the US carmaker filed for bankruptcy.
January 20, 2012
(REUTERS) - Detroit - General Motors, bouncing back from bankruptcy less than three years ago, announced it sold 9.026 million vehicles globally last year, up 7.6 percent from 2010, with its Chevrolet brand setting a sales record of 4.76 million vehicles. It comes as Toyota's sales fell an estimated 6 percent in 2011 to 7.9 million vehicles, hit by severe production cuts following an earthquake, tsunami and nuclear crisis in Japan and deadly floods in Thailand.