The Detroit company, now dependent on billions of dollars in government aid for its survival, said yesterday its global sales dipped to 8.35m last year, behind Toyota Motor's 8.97m.
GM's shipments fell by 11 per cent; Toyota's dropped 4 per cent. Total industry sales shrank by 3.5m vehicles last year, with the US, Japan and Europe accounting for about half the drop.
Mike DiGiovanni, GM's sales analyst, brushed off losing the top slot, saying: “We're really focused on being a healthy, profitable company.”
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