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Toyota Fends Off VW to Stay Biggest Carmaker a Third Year

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Toyota Motor Corp. warded off Volkswagen AG to remain the world’s top-selling automaker for a third consecutive year, driven by record U.S. deliveries of its SUVs.

Worldwide sales for Toyota, including its Hino Motors Ltd. and Daihatsu Motor Co. units, climbed 3 percent to 10.23 million vehicles last year, according to a company statement. Volkswagen last week reported a 4.2 percent gain to 10.14 million vehicles, including its two heavy-truck units. General Motors Co. followed with 9.92 million sales, up 2.1 percent.