Wednesday, May 16, 2012

Toyota Reclaims Sales Crown from General Motors in the First Quarter of 2012

Toyota Reclaims Sales Crown from General Motors in the First Quarter of 2012:
In 2011, some two years after it went into bankruptcy, General Motors managed to recoup the top spot as the world's largest automaker, no thanks to Toyota's production problems that stemmed from the tsunami and other natural disasters that hit Asia last year.
Now, with Toyota having solved most of its problems, the Japanese carmaker is on pace to reclaim its sales crown. According to a report from Bloomberg, the Toyota Group, which includes the Toyota, Lexus, Scion, Hino and Daihatsu brands, saw its global sales rise 18 percent to 2.49 million units in the first quarter of 2012.
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