Toyota, Good News | featured news

General Motors and Chrysler reported double-digit sales of new vehicles, while Ford’s rose 7 percent. Toyota sales were up 60 percent.

After three years of settling for second place, General Motors reclaimed its title as the world’s largest automaker in 2011, a year when its sales grew in every region of the globe while Toyota sales were hampered by major natural disasters.

Ford's market analyst said U.S. auto sales are running at the strongest pace since April as vehicle inventories recover for Toyota and Honda.

Automaker's profit surges on rising sales, could be world's biggest carmaker again before the year is out.

General Motors said Tuesday that United States sales rose 11.5 percent in February over the period a year ago, including a 32.2 percent gain for the four brands it is keeping: Buick, Cadillac, Chevrolet and GMC.

The largest carmaker attributed its unexpected profit to government measures around the world designed to boost sales of environmentally friendly cars and other vehicles.