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GM Edges Toyota in Global Sales in 2007 [View All]

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ben_meyers Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 01:14 PM
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GM Edges Toyota in Global Sales in 2007
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DETROIT — General Motors retained its global sales crown in 2007 — just barely. It reported worldwide vehicle sales last year of 9,369,000 vehicles, just 3,000 units more than Toyota's total of 9,366,000.
http://www.edmunds.com/insideline/do/News/articleId=124482

GM posts record loss of $38.7 billion for 2007

http://www.iht.com/articles/2008/02/12/business/12gm.php

Toyota 2007 Operating profits grew even more, rising 19.2% to $18.7 billion

http://www.businessweek.com/autos/autobeat/archives/2007/05/toyotas_profit.html

And yet we are going to bail out the losers? Somebody please explain this! I'm not smart enough.

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