Toyota poised to overtake GM next year - 2006

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Thread: Toyota poised to overtake GM next year - 2006

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    Toyota poised to overtake GM next year - 2006

    http://money.cnn.com/2005/10/26/news...reut/index.htm

    TOKYO (Reuters) - Toyota Motor Corp. will raise vehicle output by 11 percent next year, unseating General Motors Corp. as the world's biggest manufacturer of automobiles, a Japanese newspaper reported Wednesday.

    Toyota, whose profits and market value already dwarf those of its rivals, plans to raise group output to more than 9.2 million vehicles worldwide in 2006, or nearly 1 million more than its projection for 2005, business daily Nihon Keizai said.

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    Re: Toyota poised to overtake GM next year - 2006

    I'm not surprised.

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    Re: Toyota poised to overtake GM next year - 2006

    I'll believe it when I see it!

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    Re: Toyota poised to overtake GM next year - 2006

    The auto market can change so quickly, its premature to predict anything for 2006. Its even harder to predict GM's 2006 numbers since their new products that are arriving now seem to be doing very well, and with the GMT-900's on their way....things could get interesting in 2006.

    A lot of it will likely depend on China.

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