car sales in china

Toyota Keeps Slim Lead Over GM Despite Recall Woes

Toyota managed to hold onto the title of world's No. 1 automaker last year, despite numerous safety recalls that took a toll on its sales. Toyota sold 8.42 million vehicles worldwide in 2010, enough to barely edge out resurgent General Motors, which rang up sales of 8.39 million.

Ford Accelerates Growth in China

As growth slows in the U.S. and other major markets, Ford Motors is turning to emerging markets like China, where it plans to add 100 new dealerships this year. In the first 10 months of this year, Chinese sales of passenger cars grew 36% from last year.