The publication has reported Toyota’s bounce back from the effects of last year’s tsunami and that it will retake the lead position on global sales from GM, with a target of over 9.75 million units for 2012.

Meanwhile GM is in a fierce battle for second place with VW. According to Bloomberg, the two manufactures are separated by less than 1% as we head into the final weeks of the year.

For the first three-quarters of 2012, Toyota sold 7.4 million units, with GM at 6.95 million and VW on 6.9 million.