Toyota reclaims the world's top vehicle maker title

  • Japanese carmaker Toyota regained its position as the world's biggest vehicle maker, capping a year of dramatic turnaround in its fortunes. Toyota sold 9.75 million vehicles in 2012, more than 22% from the previous year. General Motors sold 9.29 million vehicles in 2012. Toyota's sales in 2011 were hit by natural disasters in Japan and Thailand which disrupted production at its factories. However, Toyota and other Japanese carmakers have seen a steady recovery since then and have been regaining its share in key markets. "The regaining of the top slot would definitely be heartening for the firm and is good news for its investors and share holders," said Vivek Vaidya, auto analyst with Frost & Sullivan

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