Toyota continues to dominate.
They announced that net profits rose by 32%. Quality issues have taken center stage recently, but Toyota's brand name and reputation for quality has led the Janpanese car maker to keep its American rivals at bay.
In 2008, watch for Toyota to take even more market share from American car companies. Ford's recent news that they will put up Land Rover and Volvo for sale only signals that the American auto group is in worst trouble than its letting on.
Friday, August 03, 2007
Toyota
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