End of American Automobile hegemony..........

GM lost its eminent position after 77 years.....

DETROIT (Reuters) - General Motors Corp on Wednesday said its global vehicle sales for 2008 had dropped 11 percent, allowing rival Toyota Motor Corp to surpass it as the world's largest automaker for the first time.

http://uk.reuters.com/article/companyNews/idUKWNAB174920090121

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4 comments Sort by rating

By Dracula• 21 Jan 2009 23:17

Where's britex with his Kia?

The winner :)

By heero_yuy2• 21 Jan 2009 22:59

"Everything in this book may be wrong." Illusions: The Adventures of The Reluctant Messiah by Richard Bach

By who.am.i• 21 Jan 2009 20:56

Excellence and dependability in my opinion, is always lacking in GM cars and now I think the customers have realised this. Japanese cars entail less and cheaper maintenance too!

By anonymous• 21 Jan 2009 20:41

i don't think so. the 3 big would fight back in new constellations and become as strong as ever.

What is making problems for US Car manufacturers are all the Retirements packages they pay out, way beyond any other Companies in the Car Industry.

Toyota is struggling themselves also, loosing money for the first time in the history. They actually got a new CEO this week also. Grandson of the founder Toyoda took Charge..

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End of American Automobile hegemony..........

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