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November 6, 2007
How quickly things can change, according to thecarconnection.com
Little more than a year ago, the mood was one of gloom and doom at General Motors headquarters, along theDetroit River. Sales and share were plunging, losses were mounting, and its Japanese arch-rival, Toyota, seemed poised to take the lead in global sales.
As 2007 draws to a close, however, GM's sales and share are stabilizing. Its balance sheet is improving. Toyota is suddenly the one in trouble. It lost global sales leadership back to GM during the third quarter, and in the all-important U.S. market, the Japanese maker is suffering from a string of well-publicized quality snafus.
What may matter most, though, is that GM is rolling out an array of new products that are winning raves - and new buyers. The Chevrolet Malibu, in particular, is being hailed by critics as the first GM mid-size sedan in decades to pose a credible threat in a segment long dominated by the Asians.
Posted by Peter C. T. Elsworth 
at 11:00 AM to Toyota
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The car production in asia especially in china is not so expensive like in europe or in the usa.
So that is the reason why cars from asia are so dominate in the market.Because the cars are cheaper customer buy them more than cars from GM
Posted by: Christian on November 6, 2007 11:43 AM
Please be civil. Vicious comments, personal attacks and profanity won't be published.
