Tuesday, April 24, 2007
Toyota Overtakes General Motors
This is a piece of news that's been in the works for a couple of years now, i.e. when will Toyota finally takeover from General Motors as the world's largest car company. BBC World is reporting that Toyota sold 2.34 million cars in the first three months of 2007, compared to 2.26 million cars sold by General Motors in the same period. Whether this is just a one-off business story or the start of a more long-term trend in U.S. industry remains to be seen.
