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Toyota Poised to Overtake GM

Plans to build 9.95 million vehicles, widen lead as largest automaker

By Jim O'Neill,  Newser User

Posted Dec 25, 2007 8:00 AM CST

(Newser) – Toyota, the most profitable automaker in the world, says it will increase production by 5% to a record 9.95 million vehicles in 2008, opening up a lead over General Motors, Reuters reports. Toyota, which sold 9.36 million vehicles in 2007, also expects sales...   Read full story »

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