Quote:
With a market capitalization of $6.5 billion, GM is now worth less than a third of Renault ($23.7 billion), the French automaker that was spurned when it sought an alliance with GM in 2006.
The leading U.S. automaker is worth just one-fifteenth of Toyota Motor ($99 billion), which overtook GM this year as the global sales leader by volume.
Once seen as a bellwether for the U.S. economy, GM is also in danger of being eclipsed in value by the likes of India's Tata Motors ($4.4 billion) and Russia's Avtovaz ($4.6 billion), home of the Lada brand.
|
http://www.iht.com/articles/2008/06/...ess/deal30.php
These figures are actually somewhat dated. CNBC reported today that Toyota's market cap is $147 billion!