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

Ford, which expects 70% of its sales growth to come from Asian-Pacific and African markets in the next decade, plans to open 100 dealerships in China this year.