Toyota Motor Corp.’s encroachment on Chrysler Group’s position as the No.3 seller of light vehicle in the U.S. has been well-documented in recent months, with current trends indicating the Japan-based auto maker could overtake the Chrysler in annual light-vehicle sales this year. However, as Chrysler moves forward with plans to cut its overall output, Ward’s AutoForecasts predicts Toyota may unseat the Detroit auto maker as the third-largest producer of vehicles in North America within the ...

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