Sales of GM vehicles exceeded 9 million units for the first time since 1978 on strong results in GM’s three regions outside North America. The Asia Pacific region was up 20 percent, the Latin America, Africa and Middle East region increased 19 percent, and Europe posted a 1.3 percent gain in one of the most competitive markets in the world. Overall sales were 9.17 million, up two percent from 2004. Meanwhile, Toyota announced today that the company produced 1,558,828 vehicles and 1,295,227 engines at its North American manufacturing facilities in 2005. Both figures represent new record production levels for Toyota, which began North American production in 1985 and has been growing ever since. The Leftlane Perspective: Toyota, a Japanese carmaker, seems to have no shortage of success in the United States. On the other hand, GM and Ford are struggling here, but have seen large increases in sales overseas. Are imports simply more desirable in any country?
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01/20, 4:11 PM
posted by:
Matt Keegan
Predictions of GM’s demise have been greatly exaggerated. Just everyone wait ’til Chinese cars enter the U.S. market and, later, cars from India and Malaysia.
Prices will be going down, down, down. GM is smart: the Asian market is hot.
08/17, 8:27 AM
posted by:
homebusiness
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