Jan 4, 2022

General Motors 90-year streak as top US car seller ends

US car giant General Motors has lost its title as America's top car seller for the first time in 90 years. Japan's Toyota claimed the top spot, selling more than 2.3 million vehicles last year, up 10%.GM said its sales, which fell 13%, were hurt by the widespread shortage of semiconductor parts that has been affecting the car industry. Toyota, which saw strong sales of its hybrids and other models, has been less affected than some other car makers by the shortage of chips, thanks to its decision to build up a stockpile after the 2011 earthquake and tsunami. Ford, General Motors and Chrysler once accounted for as much as 90% of all US car sales and still claimed more than half as recently as 2008. Toyota's Camry has been the top-selling passenger car in the US for 20 years, while its Rav4 has ranked as the best-selling SUV for five years.

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