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My Story, Toyota confirms loss of No 1 carmaker spot

Submitted by on January 25, 2012
Wednesday, January 25th, 2012 15:50:00


TOKYO:
Toyota Motor confirmed Wednesday that its world group sales fell below the eight million mark in 2011, losing the firm its number one spot in the global carmakers' league.

Total sales were 7.95 million units worldwide, down 6%, Toyota said, after supply chains were disrupted by the earthquake and tsunami in Japan, as well as flooding in Thailand. It also suffered from the high yen.

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