Pursuits
Toyota Retakes Global Lead From GM on Disaster Recovery
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Toyota Motor Corp. outsold General Motors Co. and Volkswagen AG last year, regaining the global sales lead after recovering from natural disasters and record recalls that tarnished its reputation for quality.
Worldwide sales at Toyota, including deliveries from its subsidiaries Hino Motors Ltd. and Daihatsu Motor Co., rose 23 percent to a record 9.75 million units in 2012, according to a statement from the Toyota City, Japan-based carmaker. That compares with the 9.29 million units sold by GM and 9.07 million at Volkswagen.