Toyota Sets its Sights on GM

Jul 26
09:29

2008

Joe Kent

Joe Kent

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While the entire automotive industry continues to struggle with dwindling sales, Toyota may be in a better position to overtake General Motors in both U.S. and global sales as the latest sales figures are set to be released.

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Automotive analysts have predicted that June sales results could be the lowest rate in 16 years,Toyota Sets its Sights on GM Articles and foresee continual drops in the near future. But dealers such as Kinston Toyota realize that this also may signal an opportunity for Toyota to finally overtake General Motors for the first time in the company’s history.

Toyota has seen significant advantages in the adverse environment of the North American auto market. Among these advantages cites St Paul Toyota dealers include offering consumers an array of compact and hybrid vehicles, which are currently in high demand thanks to the ever-rising price of gasoline. GM on the other hand is struggling to increase its compact and fuel efficient offerings.

In recent months, Toyota has been neck and neck with GM, who has long-held the reputation for being the number one selling automaker. But as Toyota Kalamazoo knows, having fuel efficient offerings may be the key component to future sales successes. Already GM, Ford, and Chrysler have suffered as a result of their truck- and SUV-heavy lineups.

During the month of May, Toyota sold a mere 9,300 vehicles less than GM in the U.S., putting them within close reach of the sales leader. An increasing number of sales are coming from the popular Toyota Prius hybrid.