Toyota will probably pass General Motors soon, becoming the world's biggest car company, according to Ad Age.
Toyota is planning to increase production capacity by about 10%, at the same time GM is closing several plants.
Like anyone cornered, GM's management is trying to pass the blame: "Toyota’s announcement came two weeks after GM Chairman-CEO Rick Wagoner criticized Japan’s 'unfair trade practices' to artificially weaken the yen in a Wall Street Journal op-ed piece."
Friday, December 23, 2005
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment