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Source: Reuters
General Motors Co reclaimed its title as the world’s top selling automaker for the first time since 2007, after sales of more than 9 million vehicles globally in 2011.
GM’s return to the top slot comes more than two years after its taxpayer-funded bankruptcy restructuring that allowed the Detroit-based automaker to cut its spiraling legacy costs.
GM vaulted to the top spot last year for the first time since 2007. In 2008, GM’s global sales fell 11 percent, allowing Toyota Motor Co to overtake GM for the first time.
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