Toyota outsells GM in U.S. in 2021 to clinch top spot for 1st time

Toyota Motor Corp. outsold General Motors Co. in the United States last year with new car sales of 2.33 million, clinching the top spot in the market for the first time despite a chip crunch.Toyota became the first non-U.S. carmaker to top the annual sales ranking in the country, dethroning GM that had been the No. 1 seller since 1931, according to U.S. media.The Japanese automaker said Tuesday its new vehicle sales in the United States in 2021 increased 10.4 percent from the year before to 2,332,262 units. Toyota had ramped up procurement efforts to navigate through the semiconductor crisi…READ FULL ARTICLE