◼ General Motors is no longer the number one automaker in the world, as President Obama has been touting on the campaign trail. - Ryan Lovelace/Daily Caller
GM spokesman Jim Cain told The Daily Caller via email GM sold 4.67 million automobiles through the first six months of 2012, which is 300,000 vehicles behind the 4.97 million automobiles Toyota sold during the same time frame according to the Associated Press.
“We were the largest automaker in 2011,” Cain said. “This year, Toyota has sold more vehicles CYTD (calendar year-to-date) as they continue to recover from [the] earthquake and tsunami.”
Such information puts a damper on President Obama’s ability to take credit for reviving GM with a bailout in 2009.
◼ Government Motors Still Owes Taxpayers $42 Billion - Katie Pavlich/Townhall