GM rebounds

A 2010 Chevrolet Traverse, left, sits next to a 2010 Equinox at a Chevrolet dealership in Englewood, Colo.

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A 2010 Chevrolet Traverse, left, sits next to a 2010 Equinox at a Chevrolet dealership in Englewood, Colo.

General Motors will retake the title of world’s largest car company this year.

GM pulled off a remarkable turnaround in 2010 after emerging from bankruptcy protection the year before.

It went from losing more than $80 billion in the five years before its bankruptcy and needing a government bailout to earning $4.7 billion in 2010.

It also became a publicly traded stock again in November and increased U.S. sales by 7.2 per cent last year.