After an earthquake and tsunami in early 2011, Toyota’s factories were paralyzed, leaving it short of cars in the U.S. and other regions. The company has now recovered, and is building and selling more vehicles globally.
Toyota sold 7.4 million vehicles globally in the first nine months of this year — 450,000 more than General Motors. While Toyota’s sales rose 28 percent in that period, GM’s rose 2.5 percent, to 6.95 million cars and light-duty trucks.
GM was the top-selling automaker for more than seven decades before losing the title to Toyota in 2008.
Toyota, which makes the Prius hybrid, Camry sedan and Lexus luxury models, had planned to sell 1 million vehicles in China this year but no longer expects to reach that number. Sales are falling in China because of a territorial dispute with Japan.