We hope General Motors hasn't started planning that ticker-tape parade down Jefferson Avenue yet, as Volkswagen has apparently taken issue with the notion that GM might again be the world's largest automaker.
Look who's back on top again? Just 30 months since General Motors emerged from bankruptcy, the Detroit-based automaker can once again call itself the world's largest. GM sold just over 9 million vehicles globally in 2011, its highest sales total ever, while chief rival Toyota may slip as far as third place, according to TheDetroitBureau.com, which reports that Volkswagen will pass Toyota to claim the runner-up spot.
The US Auto Industry may be looking at a 2011 filled with sales gains, if NADA's forecasters are correct. The National Automobile Dealer's Association predicts that US auto sales will rise 11.3 percent. That puts total volume just shy of 13 million units.