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GM makes a comeback

Auto Industry

General Motors and Toyota have been neck n' neck in the race for global auto sales. GM sold 2.4 million vehicles to pull into the second quarter's top position, but Toyota retained its overall lead for the first half of the year. Back in the first quarter, Toyota outsold GM for the first time ever. Analysts still expect Toyota to surpass GM in both sales and production for the full year.

Comments (1)

Jeff Reid:

The key question is, who sells more cars PROFITABLY? Profit is what allows you to invest more in the business, and right now, GM is sadly still behind on this one. However, I feel they will make a comeback on this...


Posted by Jeff Reid | July 23, 2007 4:45 AM PT


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