GM Breaks 77-Year Record

Jan 22, 2009.

Toyota overtook General Motors in global vehicle sales for the first time, bringing to an end GM’s 77-year run as the world’s largest automaker.

GM, now struggling to restructure under a $13.4 billion U.S. government bailout, had held the title as the global auto industry leader for over seven decades and used the line in its marketing. [more]