Two years after filing for bankruptcy, General Motors has reclaimed the title as the world's largest automaker.

Two years after filing for bankruptcy, General Motors has reclaimed the title as the world's largest automaker.

For the first six months of the year, the company sold 4.53 million vehicles which put it ahead of Volkswagen AG (4.13 million) and Toyota (3.71 million). While it is interesting to note that Toyota sales plunged 23%, compared to the previous year, analysts are attributing a majority of that loss to the devastating earthquake that rocked Japan in March.

In related news, GM posted a second quarter net income of $2.5 billion on revenues of $39.4 billion. According to CEO Dan Akerson, "GM's investments in fuel economy, design and quality are paying off around the world as our global market share growth and financial results bear out."

Be part of something big