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Toyota becomes top car producer

Toyota - Yet to top sales table
Toyota - Yet to top sales table

Toyota has become the top car producer in the world, leapfrogging US rival General Motors.

The Japanese firm said today that, including subsidiaries Hino and Daihatsu, it produced almost 9.498 million vehicles in 2007.

The figure marks an increase of 5.3% from 2006.

The tally is slightly below an earlier forecast by the Japanese automaker for output of 9.51 million vehicles in 2007.

It still beats GM, though, which said earlier this month that it had produced 9.284 million vehicles worldwide in 2007.

In terms of sales, Toyota has yet to end GM's 76-year reign as the world number one.

Toyota sold 9.366 million vehicles last year, only around 3,500 vehicles fewer than GM, which reported global sales of 9,369,524.