General Motors outsold Toyota in the first nine months of the year, regaining its position as the world’s largest carmaker in what has become a close race between the two rivals.
Toyota’s performance was hit in the last quarter by a near 5 per cent drop in sales in the US, its largest market, where it has also recently suffered the defection of three key executives to competitors.
The Japanese carmaker, which sold more vehicles than GM in the first half of the year, on Monday reported global sales of 7.05m units through September, compared with GM’s 7.06m.
When you pretty much give cars away it defeats the purpose.
Toyota kills when it comes to actually running a good business.
Where are the profits for each company?
I wonder how many employees each company has, you know just curious which one has a higher payroll and such, see where all the money goes/who it supports.
I really don’t car one way or another who’s number one, just as long as each is forcing the other to get better and better…and as of late the quality awards and such seem to pointing that GM can make more cars better and figured out they needed to step up, while Toyata was making only as many pontiacs as GM made they had an awesome untouchable reliable product…now the seem to struggling with the huge produciton demand versus quality.
In all honesty, unless you have a winter/summer car, in 10 years it would seem our states lovely idea of using salt destroys them well before the powertrian needs to be replaced or overhauled.
werd…think about it…the retired employees still get a pension plan. they get basically the salary as a working employee. Hence…the more retired workers, that is a HUGE expense for the automaker. Toyota does not have pension plans. Not sure if they even have unions.
