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
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)

(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.

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Showing 3 of 26 comments
Nov 25, 2012 2:28 AM CST
"GM replaced Toyota last year as the world's No. 1 automaker"? Well actually more accurately: GM temporarily made the most cars numerically . GM did not become the "No. 1 automaker" with what that implies, by a long shot.
Nov 24, 2012 4:23 PM CST
I wouldn't want my business model to be to make and sell new cars. Who buys them? Since about '05 or so cars are so good that they last for freakin' ever or maybe around 250,000 miles whichever comes first. Anyone who doesn't save 10 or 20 grand and buy a used 'Yoda, or Ford or Hyundae or Honda is throwing money into the wind. Oh yeah, and and then there's Subaru, Kia, VW, Suzuki, or Chevy. Did I miss one? Probably. You guys just keep borrowing to plunk down your 30 G's and I'll take 'em off your hands down the line.
Nov 24, 2012 2:58 PM CST
What, nobody can stop a Toyota comeback either?