Toyota on target to overtake GM in global vehicle output in 2007 |
| Mainichi Daily News - Sep 5, 2007 |
Toyota Motor Corp. looks certain to unseat General Motors Corp. as the world's No. 1 automaker in 2007 in terms of global production, taking the title for the first time, it has emerged.
Toyota has announced a yearly output this year of 9.42 million vehicles. In comparison, General Motors has announced a target of 9.285 million vehicles. It is the first time that figures have emerged supporting Toyota's likelihood of taking the industry's top position in 2007.
General Motors has been boosting its output in Asia and Latin America, but high gasoline costs in the North American market where it sells mainly large vehicles, appear to have had a negative effect on sales.
Read Full Article from Mainichi Daily News
- Posted: 2007-09-05 10:15:51
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