24 April 2007

Toyota #1

HONG KONG, April 24 — Toyota sold more cars and trucks around the world in the first three months of 2007 than any other manufacturer, surpassing General Motors for the first time and ending one of the longest runs of dominance in all of global
industry.


While not a big surprise (this turn of events has been in the offing for some time now), it is still a milestone. I don't think that GM has a chance of taking back its former position (at least not in the foreseeable future), but they can probably remain a profitable corporation if they can overcome the obstacles they are currently facing.

2 comments:

Anonymous said...

Well said!

VM said...

d'oh! that was moi.