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Author Topic: GM is # 1 again  (Read 1952 times)

J dot Miller

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GM is # 1 again
« on: October 23, 2007, 07:32:54 AM »
Finally beating out Toyota by a few thousand cars in 2Q to take the top automaker position again!

"But Toyota's success has triggered concern among its executives of a political backlash in the United States. Lawmakers from manufacturing states claim the Japanese government has kept the yen artificially low, giving Japanese automakers an advantage...

A series of recent recalls has also raised some doubts whether Toyota can maintain quality standards as its global sales expand rapidly. Toyota executives have repeatedly expressed concerns about sliding quality and have promised to strengthen quality controls.

GM, meanwhile, is seeing its biggest sales grow outside the United States. Its sales in Latin America, Africa and the Middle East grew 19.7 percent during the quarter, while sales in Asia rose 8.2 percent. Sales in Europe rose 4.7 percent, while sales in North American fell 7 percent, the company said."


Toyota savor the quarter...
http://www.autoobserver.com/2007/04/toyota_tops_gen.html

More info:
http://www.manufacturing.net/article.aspx?id=144712
The 5.4 swap has been called a bad idea, and considered an underpowered considerable waste of time, since 2007.

Nice to see that most donít think that anymore.
Bondfreak13 07/28/09 09:05 PM