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Old 09-22-2005, 11:20 AM   #1 (permalink)
markusername
3.0 Liter SIDI V6
 
Join Date: Dec 2004
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GM Executive Says Toyota Quality is Down

http://money.cnn.com/2005/09/21/news...reut/index.htm

A top official at General Motors Corp. said Wednesday that rival Toyota Motor Corp.'s reputation for quality was no longer as rock solid as it once was, citing a rise in the number of product recalls at the top Japanese carmaker.

"For a long time, they've lived off a well-earned reputation, say in the area of product quality," said John Smith, GM (down $0.38 to $30.70, Research) Vice President of global product planning.

"But if you look at the objective data in the last three years, that well-earned reputation isn't as well-earned in recent years," Smith said at the Reuters Autos Summit, held in Detroit.
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