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| Subject: Re: ATTENTION U.S. CAR MANUFACTURERS!!!!!! | |
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Author: Oropan |
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Date Posted: 11:57:47 04/24/07 Tue In reply to: sci guy 's message, "ATTENTION U.S. CAR MANUFACTURERS!!!!!!" on 10:18:37 04/24/07 Tue Yep, those US union auto workers are quickly running themselves out of a job! > >href="http://news.sympatico.msn.ctv.ca/TopStories/Conte >ntPosting.aspx?feedname=CTV-TOPSTORIES_V2&showbyline=Tr >ue&newsitemid=CTVNews%2f20070424%2fToyota_GM_070424">ht >tp://news.sympatico.msn.ctv.ca/TopStories/ContentPostin >g.aspx?feedname=CTV-TOPSTORIES_V2&showbyline=True&newsi >temid=CTVNews%2f20070424%2fToyota_GM_070424 > >Toyota tops GM in vehicle sales for first time >24/04/2007 10:50:28 AM > >------------------------------------------------------- >------------------------- > > >Japan's Toyota Motor Corp. became the world's top auto >seller in the first quarter, overtaking rival General >Motors Corp. for the first time. > > > >Visitors at Toyota Motor Corp.'s showroom look at >Toyota's luxury car Lexus model in Tokyo on Tuesday, >April 24, 2007. (AP / Shizuo Kambayashi) > >Toyota sold 2,348,000 vehicles worldwide in the >January-March quarter, company spokesman Satoshi >Yamaguchi said. > >Both companies posted record sales for the quarter, >but Toyota's sales passed the 2,260,000 vehicles that >GM said it sold during the same three-month period. > >The results mark the first time Toyota has beat GM in >global sales on a quarterly basis, and bring the >Japanese automaker one step closer to unseating its >American rival as the world's biggest automaker, a >position the Detroit behemoth has held for 76 years. > >While the figures only represent quarterly sales >results, they suggest GM will be fighting to hold onto >its bragging rights as the world's foremost automaker, >a claim usually staked on annual production figures. > >In 2006, Toyota's global output climbed 10 per cent to >9,018,000 vehicles. In contrast, GM produced 9,180,000 >vehicles worldwide -- a difference of about 162,000. > >Analysts have been saying it is only a matter of time >before Toyota, which has been gaining steadily on GM, >eclipses its rival. > >GM, which sells cars and trucks under a dozen brands >including Chevrolet, Buick, GMC, Cadillac, Opel and >Saab, has seen its market share shrink in the United >States even as it leads sales in China. > >GM has struggled to increase profit with job cuts and >plant closures as high fuel prices drove motorists >away from gas-guzzling vehicles. > >Meanwhile Toyota has been expanding, thanks partly to >the popularity of its fuel-efficient cars, including >the Camry, Corolla and Prius gas-electric hybrid. > >A copy of Toyota's "global master plan'' leaked to the >media late last year calls for grabbing 15 per cent of >the world car market by 2010 in the company's mission >to surpass GM as the leading producer. > >But Toyota's pace of growth was slowed by some hurdles >as vehicle recalls climbed to record levels in recent >years. > >Last year, the automaker recalled more than a million >vehicles in Japan and 760,000 in the United States, >raising fears the firm was stretching itself too thin >too fast. > >With files from The Associated Press [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Oh, BTW | Oropan | 11:59:50 04/24/07 Tue |
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