Toyota Set to Overtake GM

[DriVer]

CNN states that the automaker is set to over take the US automaker before the end of the year.

Toyota is currently positioned at 1st in sales for the 1st quarter and it is expected that GM will continue to loose share over the next 3 quarters.

More Information:

Toyota set to overtake GM

There are many factors that contribute to this including lower production cost for Toyota however CNN also states that Toyota is stretching themselves thin. The dollar vs yen also impacts this position.

Toyota's Camry Indiana plant employs many US citizen tax payers that vote. Are they happy working for the Japanese car maker and how does that work against US car makers?

Question therefore ??? How is GM going to recover its lost position? Better yet; do we really care?

[DriVer]

CNN states that the automaker is set to over take the US automaker before the end of the year.

Toyota is currently positioned at 1st in sales for the 1st quarter and it is expected that GM will continue to loose share over the next 3 quarters.

More Information:

Toyota set to overtake GM

There are many factors that contribute to this including lower production cost for Toyota however CNN also states that Toyota is stretching themselves thin. The dollar vs yen also impacts this position.

Toyota's Camry Indiana plant employs many US citizen tax payers that vote. Are they happy working for the Japanese car maker and how does that work against US car makers?

Question therefore ??? How is GM going to recover its lost position? Better yet; do we really care?

[MonacoMama]

I CARE.... does anyone else?

I plan to keep buying "American" aka General Motors. I think their quality is probably equal to or better than Toyota or any other foreign backed manufacturer...but too many people have that "Japanese better than American" mentality.

Please support our country....

[Lake]

I agree with MonacoMama, I certainly care about any American Manufacturer, including GM. The quality of GM products might have been lacking back in the 70s and 80s due to the effect of the labor unions but the quality is great now. Whatever profits made by American Manufacturers stays in America while profits made by foreign manufacturers goes home to foreign countries. I believe that the quality of GM and Ford products is probably better than Toyota, Nissan, etc.
If folks don't start supporting this country more I fear we are going the way of the ancient Roman Empire.

[Rick 2005 Dolphin 5376]

With all that said. I think we do more damage to the U.S. economy by buying all things made in China then we do buying Japanese cars and trucks made in the U.S.

[RustyJC]

Food for thought....

My Dodge Ram is built in Mexico by a German company.

My Acura 3.2TL-S is built in Marysville, OH by a Japanese company. The engine, by the way, is built in Ada, OH.

So, which is more "American"?

Rusty

[Two Bit]

And didn't I just see on the news that Daimler just sold all their interest in Chryler/Dodge?
I wish Farmall of 60 years ago would come back! My H tractor is now 67 years old and still going.....

[GaryKD]

Lake,
Profits from any company do not necessarily stay in the country where the company is based. Two examples of this are:
1. The future of a company depends on new investments. The investments are made any place on the planet the company feels provides what is necessary for its future success.
2. Stock holders are also paid dividends. Stock holders can reside in any country.

One can decide to buy or not to buy based on the country where a company is based. However, in a global economy, that decision may be a moot point with questionable results.

[Jestme13]

Who cares about GM, they created their own problems, for years they have been bottom line driven selling us junk for top dollar, not reinvesting in their products or factories. Greedy corporate America, good for them!!!!!!!!

I hope others learn from this. I really wish the Asians would start builing RVs over here, woudn't that be interesting ?!?!?

[Petro]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Jestme13:
Who cares about GM, they created their own problems, for years they have been bottom line driven selling us junk for top dollar, not reinvesting in their products or factories. Greedy corporate America, good for them!!!!!!!!

I hope others learn from this. I really wish the Asians would start builing RVs over here, woudn't that be interesting ?!?!? </div></BLOCKQUOTE>


Steve; Don't forget to blame greedy unions also. Also don't forget about all the unfunded mandates that are hanging over their heads.

Don

[apackof2]

I CARE as a GM retiree!

It's not just some executives but the thousands of nameless employees who are affected

Employees who spend a good deal of their lives in service to GM. And despite the popular caricature of GM employees, most I knew were hardworking, honest and who cared about the quality of their work. The problem was the greedy Union who became what they once fought against and GM management caved when cars were flying out the door.

Once they gave in to the Union's ridiculous high cost entitlements demands, they created a Frankenstein that brought GM to where it is now

As far as GM making junk you are misinformed

Silverado-MotorTrend 2007 Truck of the Year

GM, Top Auto Quality Survey

June 7, 2006

J.D. Power's New IQS: The Rest of the Story
By Jamie Hresko
GM North America Vice President of Quality
GM once again got a strong vote of confidence from consumers polled by J.D. Power and Associates, though you wouldn't know it if you only read Power's news release today: "Lexus and Toyota models continue to dominate"� the press release says, citing their awards in 11 of 19 segment categories.

Well, guess what? GM also earned recognition for 11 vehicles that placed in the top three of their segments. That is second only to Toyota. Two vehicles, the Chevrolet Silverado and the Pontiac Grand Prix, took top honors in their segments. GM's turnaround is real, and responses from the 63,607 consumers of 2006 cars and trucks polled by J.D. Power prove it.
Let's take a look at the actual numbers.

Cadillac and GMC were ranked among the top 10 brands. In fact, GMC was singled out by J.D. Power as one of the brands with fewest design problems.

These 11 vehicles placed in the top three in their segments:
"¢ Buick Rainier
"¢ Chevrolet Corvette (also one of the top 10 models across the industry)
"¢ Chevrolet Monte Carlo
"¢ Chevrolet Tahoe
"¢ Chevrolet Silverado Light Duty (top award)
"¢ Chevrolet Silverado HD
"¢ GMC Sierra HD
"¢ GMC Savana
"¢ GMC Yukon
"¢ Hummer H2
"¢ Pontiac Grand Prix (top award)
Our trucks handily won the large pickup category, sweeping first, second and third places: Chevy Silverados, both the light duty and heavy duty versions, and the GMC Sierra HD cleaned up that segment.

And plant quality? Are the Japanese "transplant"� factories in North and South America really better than ours?

For the fifth year in a row, GM earned Power's top honor, the Gold Award, for the plant in North and South America that builds vehicles with the fewest defects. Moreover, of the top 15 plants, seven were GM plants – proof that our Global Manufacturing System continues to pay dividends in establishing GM leadership in plant quality.

This year's Gold Award went to the Oshawa 2 plant in Canada, which builds the Buick LaCrosse and Pontiac Grand Prix. It won that Quality Award for the second year in a row.
J.D. Power heard the same things our customers are telling us: GM's quality is good. In fact, 4.5 million customers show their confidence in our cars and trucks every year when they buy them. And compared to four years ago, 40% fewer of those vehicles are returned for service. But don't think we're satisfied.

We're committed to becoming the industry leader in every segment.
Sometimes you have to look beyond the headline, or even the news release, for the full story.



<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Jestme13:
Who cares about GM, they created their own problems, for years they have been bottom line driven selling us junk for top dollar, not reinvesting in their products or factories. Greedy corporate America, good for them!!!!!!!!

I hope others learn from this. I really wish the Asians would start builing RVs over here, woudn't that be interesting ?!?!? </div></BLOCKQUOTE>

[Petro]

Joanie;

Thanks for sharing this info with us. As a young man I was always told that "what is good for GM is good for America"

Don

[Rick 2005 Dolphin 5376]

I like that saying "what's good for GM is good for America" Sure makes you wonder if Gm's abilty to make gas guzzling high profit trucks and SUV's is really that good for America. I'm thinking not. Oil, being reason number one we are bent on controlling the uncontrolable in the middle east is a LARGE requirement for making fuel that powers what is good for GM, (I won't leave out Ford and Chrysler either). Makes me wonder some more. I love this country and I love that fact that I'm blessed to be living here but I doubt GM is concerned about us and the well being of this country. Well, at least GM treats it's U.S. employees better then they do the fair people of China working in GM China. Without a Union here, it wouldn't be that pretty. Ok,,, better get off the soap box and go find something to work on in the RV.

[Jestme13]

Right on Rick
Joanie I can understand your veiw point too, although I must say I think you are a bit slanted due to your vested interest in GM. But that is OK, I do understand. I was born and raised a dyed in the wool GM person. Still am, but I have to lay blame where it deserves to be laid. Detroit threw Dr Demming out on his ear when he tried to convince them change was needed. The Japanese embraced him. I believe the Big 3 got a little to arrogant, now their having their lunchs eaten for them. Oh Well.