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Subject: And GM is building plants in China where their sales are up about 40% this year


Author:
Oropan
[ Next Thread | Previous Thread | Next Message | Previous Message ]
Date Posted: 14:47:54 04/24/07 Tue
In reply to: Oropan 's message, "BTW, none of the Toyota plants in the US are union" on 14:45:44 04/24/07 Tue

>>Toyota and honda and kia are building lots of plants
>>here in the US too.....in the South where there are
>>right to work states. People don't care much there for
>>unions. I never cared much for GM and if they go out
>>of business I could care less. Although some of the
>>cars they are making now are equal in value to Toyota
>>and their new diesel pickup is very very good. The
>>Tundras are great but they want too much money for
>>them. Anyway, we have a little surprise for all those
>>foreign manufacturers of autos....a rapidly falling
>>dollar that is going to make their autos too
>>expensive. That is why they are quickly building new
>>plants here in the southern US.
>>
>>
>>
>>
>>
>>>The union workers at those plants are happy enough.
>>>
>>>Maybe the problem GM has isn't so much with union
>>>costs, but with the fact that people don't want to
>buy
>>>gas guzzlers any more....
>>>
>>>
>>>>Don't they make a bunch of those GM autos in Canada?
>>>>
>>>>
>>>>>Yep, those US union auto workers are quickly
>running
>>>>>themselves out of a job!
>>>>>
>>>>>
>>>>>
>>>>>> >>>>>>href="http://news.sympatico.msn.ctv.ca/TopStories/
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>>>>>>ntPosting.aspx?feedname=CTV-TOPSTORIES_V2&showbyli
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>>>>>r
>>>>>>ue&newsitemid=CTVNews%2f20070424%2fToyota_GM_07042
>4
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>>>>
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>>>>>t
>>>>>>tp://news.sympatico.msn.ctv.ca/TopStories/ContentP
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>>>>>>temid=CTVNews%2f20070424%2fToyota_GM_070424

>>>>>>
>>>>>>Toyota tops GM in vehicle sales for first time
>>>>>>24/04/2007 10:50:28 AM
>>>>>>
>>>>>>--------------------------------------------------
>-
>>-
>>>-
>>>>-
>>>>>-
>>>>>>-------------------------
>>>>>>
>>>>>>
>>>>>>Japan's Toyota Motor Corp. became the world's top
>>>>auto
>>>>>>seller in the first quarter, overtaking rival
>>>General
>>>>>>Motors Corp. for the first time.
>>>>>>
>>>>>>
>>>>>>
>>>>>>Visitors at Toyota Motor Corp.'s showroom look at
>>>>>>Toyota's luxury car Lexus model in Tokyo on
>>Tuesday,
>>>>>>April 24, 2007. (AP / Shizuo Kambayashi)
>>>>>>
>>>>>>Toyota sold 2,348,000 vehicles worldwide in the
>>>>>>January-March quarter, company spokesman Satoshi
>>>>>>Yamaguchi said.
>>>>>>
>>>>>>Both companies posted record sales for the
>quarter,
>>>>>>but Toyota's sales passed the 2,260,000 vehicles
>>>that
>>>>>>GM said it sold during the same three-month
>period.
>>>>>>
>>>>>>The results mark the first time Toyota has beat GM
>>>in
>>>>>>global sales on a quarterly basis, and bring the
>>>>>>Japanese automaker one step closer to unseating
>its
>>>>>>American rival as the world's biggest automaker, a
>>>>>>position the Detroit behemoth has held for 76
>>years.
>>>>>>
>>>>>>While the figures only represent quarterly sales
>>>>>>results, they suggest GM will be fighting to hold
>>>>onto
>>>>>>its bragging rights as the world's foremost
>>>>automaker,
>>>>>>a claim usually staked on annual production
>>figures.
>>>>>>
>>>>>>In 2006, Toyota's global output climbed 10 per
>cent
>>>>to
>>>>>>9,018,000 vehicles. In contrast, GM produced
>>>>9,180,000
>>>>>>vehicles worldwide -- a difference of about
>>162,000.
>>>>>>
>>>>>>Analysts have been saying it is only a matter of
>>>time
>>>>>>before Toyota, which has been gaining steadily on
>>>GM,
>>>>>>eclipses its rival.
>>>>>>
>>>>>>GM, which sells cars and trucks under a dozen
>>brands
>>>>>>including Chevrolet, Buick, GMC, Cadillac, Opel
>and
>>>>>>Saab, has seen its market share shrink in the
>>United
>>>>>>States even as it leads sales in China.
>>>>>>
>>>>>>GM has struggled to increase profit with job cuts
>>>and
>>>>>>plant closures as high fuel prices drove motorists
>>>>>>away from gas-guzzling vehicles.
>>>>>>
>>>>>>Meanwhile Toyota has been expanding, thanks partly
>>>to
>>>>>>the popularity of its fuel-efficient cars,
>>including
>>>>>>the Camry, Corolla and Prius gas-electric hybrid.
>>>>>>
>>>>>>A copy of Toyota's "global master plan'' leaked to
>>>>the
>>>>>>media late last year calls for grabbing 15 per
>cent
>>>>of
>>>>>>the world car market by 2010 in the company's
>>>mission
>>>>>>to surpass GM as the leading producer.
>>>>>>
>>>>>>But Toyota's pace of growth was slowed by some
>>>>hurdles
>>>>>>as vehicle recalls climbed to record levels in
>>>recent
>>>>>>years.
>>>>>>
>>>>>>Last year, the automaker recalled more than a
>>>million
>>>>>>vehicles in Japan and 760,000 in the United
>States,
>>>>>>raising fears the firm was stretching itself too
>>>thin
>>>>>>too fast.
>>>>>>
>>>>>>With files from The Associated Press

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Subject Author Date
yep... that'll last a while...sci guy11:34:09 04/25/07 Wed


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