Toyota Speeds Up Quest to Unseat GM
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Toyota Speeds Up Quest to Unseat GM
By HANS GREIMEL, AP Business Writer
Wed Nov 23,11:08 AM ET
TOKYO - Toyota Motor Corp. is quickening its quest to unseat ailing rival General Motors Corp. as the world's biggest automaker with reported plans to start manufacturing up to 100,000 Toyota vehicles at a Subaru factory in Indiana.
Word of Toyota's ramped-up production schedule comes just days after money-losing GM said it will close 12 facilities by 2008 in a move that will slash the number of vehicles it is able to build in North America by about 1 million a year
The combined developments could help Toyota surpass GM in worldwide production, although it's unclear if that would happen because Detroit-based GM is growing rapidly in Asia.
Toyota expects to produce 8.1 million vehicles this year, while GM expects 9 million, according to Greg Gardner of Harbour Consulting, a manufacturing consulting firm.
Toyota Speeds Up Quest to Unseat GM
By HANS GREIMEL, AP Business Writer
Wed Nov 23,11:08 AM ET
TOKYO - Toyota Motor Corp. is quickening its quest to unseat ailing rival General Motors Corp. as the world's biggest automaker with reported plans to start manufacturing up to 100,000 Toyota vehicles at a Subaru factory in Indiana.
Word of Toyota's ramped-up production schedule comes just days after money-losing GM said it will close 12 facilities by 2008 in a move that will slash the number of vehicles it is able to build in North America by about 1 million a year
The combined developments could help Toyota surpass GM in worldwide production, although it's unclear if that would happen because Detroit-based GM is growing rapidly in Asia.
Toyota expects to produce 8.1 million vehicles this year, while GM expects 9 million, according to Greg Gardner of Harbour Consulting, a manufacturing consulting firm.
Toyota Speeds Up Quest to Unseat GM
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Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
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