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Ford Motor set to lose the second stop to Toyota in USA
This is a discussion on Ford Motor set to lose the second stop to Toyota in USA within the News and Views from the Business World forums, part of the News and views category; Edmunds.com has forecasted that 2007 would be the year when Toyota overtakes Ford Motor to become the second largest car ...
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23-12-2006, 01:30 PM
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Rep Power: 3  |  Ford Motor set to lose the second stop to Toyota in USA Edmunds.com has forecasted that 2007 would be the year when Toyota overtakes Ford Motor to become the second largest car market in the United States. General Motors is expected to remain at the top spot next year. Edmunds.com said in a statement that Toyota will overtake Ford by mid-2007 in sales volume. Toyota has been regularly outpacing Chrysler Group and has also managed to beat Ford for two months this year in terms of cars sold in the market. Ford has seen their sales falling down by around 8% while Toyota managed to improve their sales by around 13% in the same period. Jesse Toprak, executive director of industry analysis for Edmunds.com added in this report: “Gas prices will be a leading factor in how consumers choose what vehicles they purchase in the coming year.” |
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