Toyota now #1 automaker in the world
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Dont know the degree it affects the stock price;
but GM is blaming everybody but thierselves, like subprime mortgages.
Toyota seems focused on a quality truck at a better price
GM, threatened by Toyota, vows to 'fight for every sale'
Jan 5 11:13 AM US/Eastern
General Motors boss Rick Wagoner insists the US company will not give up its position as the world's top automaker without a fight.
Speaking ahead of this weekend's press opening of the North American International Auto Show, the GM chairman and chief executive said he was well aware of the seemingly unstoppable threat posed by Japan's Toyota.
"I like being number one, and I think our people take pride in it. So it's not something we're going to sit back and let somebody else pass us," Wagoner told reporters on Friday.
http://www.breitbart.com/article.php?id=070105151324.w9nxb3pt&show_article=1
Jan 5 11:13 AM US/Eastern
General Motors boss Rick Wagoner insists the US company will not give up its position as the world's top automaker without a fight.
Speaking ahead of this weekend's press opening of the North American International Auto Show, the GM chairman and chief executive said he was well aware of the seemingly unstoppable threat posed by Japan's Toyota.
"I like being number one, and I think our people take pride in it. So it's not something we're going to sit back and let somebody else pass us," Wagoner told reporters on Friday.
http://www.breitbart.com/article.php?id=070105151324.w9nxb3pt&show_article=1
Memo from Chairman of Toyota Fujio Cho to Rick Wagoner:
Thank you very much for your lunch that i have taken from you. I look forward to eating the rest of it whilst mounting your wife in the backseat of her Toyota.
My goodness w e all knew that was going to happen but damn it was fast. Just a few weeks ago TM was neck and neck with Ford... Toyotas profit last year was more than the market cap of GM.... Ugly...
All kidding waside - this is another shot in the arm to Americ uh to wake up. Wagoner just got dunked on.
Thank you very much for your lunch that i have taken from you. I look forward to eating the rest of it whilst mounting your wife in the backseat of her Toyota.
My goodness w e all knew that was going to happen but damn it was fast. Just a few weeks ago TM was neck and neck with Ford... Toyotas profit last year was more than the market cap of GM.... Ugly...
All kidding waside - this is another shot in the arm to Americ uh to wake up. Wagoner just got dunked on.
I only buy toyota as well but will never buy honda because I hear people get screwed because they have tranny issues.
It's called returning it back to where it orignally came from. Better give your friend his 5 big faces!