Re: GM U.S. July sales down 19.5 percent, Honda up 10.2%
Overtaking GM worldwide is more of a possibility than in the US. GM and
Toyota do not necessarily compete in the same small markets around the
world. The Japs have a better economies of scale in the small and midget
cars, as well. As Toyota starts to sell vehicles in the US in the million
rather than in the hundreds of thousands, as it has for a long time, more
of their not so good ones are starting to come to the surface. Over time
that will erode the buyers perception of their so call superior quality.
Anybody in the business knows that Toyotas vehicles are no better on average
than any other manufactures vehicles.
mike hunt
<HLS@nospam.nix> wrote in message
news:1o5Ag.632$1f6.306@newssvr27.news.prodigy.net. ..
>
> "tww" <twaugh5@cox.net> wrote in message
> news:RC2Ag.14762$PO.11803@dukeread03...
>
>> Confrimed in the Business section of our paper today -- "July vehicle
> sales
>> rise for Toyota and Honda..." GM sales were off 31.2% for trucks and
>> cars
>> down for 2.7%. Chrysler was downs 40/23.5 percent respectively. So even
>> their cars present sales problems.
>
> People are nervous. They are, perhaps temporarily, thinking economy.
> Soaring gasoline and associated energy costs are making reasoning
> people shake their heads in disbelief.
>
> The stock market is making people question the whole economic system
> and the wars in the Middle East are not helping either.
>
> Predictions were published the other day, and I dont remember really
> where,
> that Toyota will overtake GM for the world market in the next couple of
> years.
> Predictions dont mean anything, though, and we can wait and watch.
>
>
|