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Toyota is top ‘clunkers’ purchase

November 15, 2010
Toyota Motor Corporation has overtaken General Motors Co. as the top manufacturer of new vehicles purchased under the U.S. cash-for-clunkers program.

By Aug. 14, Toyota made 18.9 percent of all new vehicles whose clunkers deals had been submitted, the National Highway Traffic Safety Administration said in its second report on the incentive. GM accounted for 17.6 percent, down from 18.7 percent on Aug. 5, when the initial tally was released.

The Toyota Corolla remained the top new car purchased. The Honda Civic passed the front-wheel-drive Ford Focus as No. 2. The Nissan Versa and the the four-wheel-drive Honda CR-V also climbed onto the Top 10 list.