Toyota to Regain Title of No. 1 Automaker

It posts big gains in the US again

By John Johnson,  Newser Staff

Posted Nov 24, 2012 11:22 AM CST

(Newser) – GM replaced Toyota last year as the world's No. 1 automaker, thanks in part to the earthquake and tsunami in Japan, along with a spate of embarrassing recalls for the Japanese company. It will be a short-lived reign. Toyota is on track to sell 9.7 million vehicles and easily reclaim the top spot in what the Los Angeles Times calls a "remarkable turnaround."

A big part of that is because of the US, where Toyota has sold 1.7 million cars and trucks, up an impressive 30%. That's 14.4% of the market, making Toyota the No. 1 brand here in retail sales. It's still having trouble with recalls, but a well-received lineup of 11 new or redesigned vehicles, including the Prius, seems to have overcome the negative headlines.

This Feb. 19 file photo shows a line of 2012 Prius sedans at a Toyota dealership in the south Denver suburb of Littleton, Colo.
This Feb. 19 file photo shows a line of 2012 Prius sedans at a Toyota dealership in the south Denver suburb of Littleton, Colo.   (AP Photo/David Zalubowski, File)
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