Toyota moves to unseat GM, outpace Ford
Sep 18, 2006
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Quote from the article. TOKYO - 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.
If you think this is "new" you are naive. Toyota has been on this quest for about 40 years or so. They are very patient.
Do you think Japan has been on revenge mode since the 2nd World War and that Toyota, among others, serves as a way to inflict to the US a severe blow to its economy?
Unfortunately for GM, Ford and Chrysler all Toyota has to do is more of the same.
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