Back to Roots, G.M. and Toyota Trade Places Again
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A shift in focus over the last year by the worldâs two largest automakers reveals how each is working on their own version of a turnaround.
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General Motors, which fell behind Toyota in global sales for the first time in the first three months of this year, has edged narrowly ahead of its Japanese rival in terms of 2007 sales.
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Caught off guard by the success of Toyota&#39;s hybrid Prius model, German carmakers are racing to catch-up. DaimlerChrysler and GM announced plans on Monday to jointly produce hybrid technology for their cars and trucks.
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DETROIT -- The US auto sales story line for nearly the past year has been Toyota Motor Corp. kicking the stuffing out of the Detroit Three, but there was a new twist in February.
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Joe Gibbs Racing will switch to Toyotas in 2008, ending a 16-year relationship with General Motors that produced three NASCAR championships.
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Toyota said today that it sold 2.34 million vehicles globally in the third quarter, running neck-and-neck against General Motors, which sold 2.38 million vehicles.
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Japan&#39;s No. 1 automaker is no longer content to take a back seat to foreign rivals in China. On Monday, Toyota Motor Corp. announced the launch of Guangzhou Toyota Motor Co.
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Toyota beat Ford in 2007 in U.S. auto sales, putting it behind General Motors. Ford had held the No. 2 spot since 1931, according to the companyâs historian.
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The sorry little conflict between GM and the UAW is not about the future of the American auto industry. Itâs about the past.
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Rick Wagoner said G.M. had made major progress in turning around its fortunes last year and urged patience for the long term.
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General Motors and DaimlerChrysler are collaborating on development of fuel- saving hybrid engines in hopes of cashing in on an expanding market dominated by hybrid leaders Toyota and Honda.
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Toyota Motor Corp. is quickening its quest to unseat ailing rival General Motors Corp. as the world's biggest automaker and widen its lead over Ford Motor Co. with reported plans to boost overseas production by 40 percent to 5 million vehicles by 2008 and blueprints for higher output in North America.
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Demand for passenger cars amid high gas prices drove U.S. sales increases in May for General Motors Corp., Toyota Motor Corp. and Nissan Motor Co. as industrywide sales rebounded slightly from a weak spring.
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Toyotaâs entry into stock-car racing has some good ole boys revved up. Will the Japanese automaker take over Daytona like itâs overtaking Detroit?
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TOKYO -- Toyota, hot on the heels of General Motors to become the world's No. 1 automaker, reported a 7.3 percent jump in quarterly profit Tuesday on booming sales in North America and Europe that offset sluggish demand in Japan.
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Carmakers DaimlerChrysler and General Motors are to co-operate on developing a new type of transmission-based system to compete with Toyota and Honda in the growing hybrid market.
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General Motors Corp.  posted an unexpected rise in February sales on Thursday, bucking a slump that pulled monthly U.S. auto sales lower for its struggling Detroit-based rivals, while Japan's Toyota made further market inroads.