Change Has Come to The Top
After 70 years, GM has lost its global auto sales crown to Toyota in 2008. This comes after GM won the battle for sales in the U.S. over Toyota. But they did not win the war. The official worldwide sales: Toyota, 8.97 million units and GM, 8.36 million units.
Peter DeLorenzo, founder of the blog AutoExtremist, had to this to say:
It was inevitable, as Toyota has been on a relentless surge since 2000. But is it news? Not so much, as GM has mentally been the No. 2 car company in the world for quite some time now.