Bank Of Baku

Toyota outstrips General Motors, takes the lead

Toyota outstrips General Motors, takes the lead
# 22 January 2009 14:06 (UTC +04:00)
Baku. Nicat Mustafayev – APA-Economics. Toyota Motor Corp. outsold General Motors Corp. in 2008 to become the world’s biggest automaker, capturing a coveted title that has lost some of its significance in the midst of a historic downturn.
Both GM and Toyota sustained sales declines in 2008, but Toyota finished ahead after selling 8.972 million cars and trucks, about 620,000 more than GM.
Their sales may fall again this year. With most major automakers now losing money because of plunging demand in major markets, GM, Toyota and most of their rivals are slashing production.
GM’s fall to second place, announced Wednesday, has been painful for the automaker, which had been the world’s biggest for 77 years.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED