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GM ready to take on Toyota's midsize pickup trucks, WSJ reports

GM (GM) is preparing to tackle Toyota Motor (TM), as the world's two top auto makers battle for a piece of the U.S. pickup truck market that has been shrinking for at least the past five years, reports the Wall Street Journal. GM's new Chevrolet Colorado is the first volley in a strategy designed to unseat Toyota and its Tacoma pickup, which has been a hit with young truck buyers since its introduction over a decade ago.