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GM rises from bankruptcy to number 1

Chevrolet Camaro ZL1

General Motors has returned to the top of the worldwide automotive sales charts, the Detroit Free Press reports. Quite a turnaround for a giant that was filing for Chapter 11 bankruptcy as recently as June 2009.

In 2011 GM sold 9.03 million vehicles globally compared to the Volkswagen Group which sold 8.16 million. Toyota is yet to release its official tally, but late last year said it was on track for around 7.9 million sales worldwide.

GM’s growth was in part on the back of Chevrolet which achieved sales of almost 1.8 million vehicles in the US alone.

[Source: Detroit Free Press]

5 replies on “GM rises from bankruptcy to number 1”

Yet the bastards can still scrape $103,000,000 from us TAX PAYERS!

Work the interest out on that!

Pricks!

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