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Recently Ed Keller took efforts to contrast various brands with the most word of mouth in comparison with brands with net-positive (positive minus negative) word of mouth. The conclusion was made after surveying 3,600 participants. Toyota has topped the list with Wal-Mart staying at the second followed by Honda at the third. The entire brands [...]

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Canada, US auto sales continue to plunge

There has been a steep decline in showroom vehicle sales as General Motors and DaimlerChrysler put brakes across auto sales across canada in July. According to the industry statistics released yesterday, the sales and leases of new cars and light trucks registered a spike of more than 13,000 units to 141,649 in July as compared [...]

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US carmakers struggling to match their Asian Rivals

The top three US carmakers have continued to struggle to match their Asian rivals in terms of car sales. They are severely loosing grounds against their Asian competitors. The leading carmakers Ford, General Motors and Chrysler have suffered a major setback experiencing a drastic drop in car sales in the year 2006. Ford sales dropped [...]

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US carmakers struggling to match their Asian Rivals

The top three US carmakers have continued to struggle to match their Asian rivals in terms of car sales. They are severely loosing grounds against their Asian competitors. The leading carmakers Ford, General Motors and Chrysler have suffered a major setback experiencing a drastic drop in car sales in the year 2006. Ford sales dropped [...]

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Asian automakers outshine their Western rivals

Japanese automaker Toyota, posted 9.5 upsurges in the sales boosted by its Camry mid-sized car and Prius in the US market, while US manufacturers General Motors recorded 16.6 percent dip and Ford saw 19 percent drop in sales. Luxury car maker Daimler Chrysler sales rose 3.2%, as Mercedes-Benz sales soared. The luxury brand saw its [...]

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Toyota to build $830 million SUV plant in Mississippi

Japan’s Toyota Motor Corp., seriously concerned to increase manufacturing capacity in North America to ward off any potential trade concerns, is likely to choose Tupelo, Miss., as the site for the eighth North American assembly plant. However, it has been learnt that the proposal is still pending in the company’s board for approval. Toyota, which [...]

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Toyota defeats GM in the race for number one slot

For the first time Toyota has given GM a run for its money in the car race. Toyota has emerged as the world’s largest auto seller in the first quarter of 2007. Experts predict that this year Toyota will hold the crown for the worlds top car producer a title which GM had cling on [...]

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Toyota workers plan to form union in US

The profit of Toyota seems to have come down as employees with its U.S. plant seek unionization. Toyota is world’s leading carmaker, which recently grabbed world No. 1 cap from the Detroit-based GM, and is paying an average $47.60 per hour to its workers, whereas Detroit-based automakers viz. GM, Ford and Chrysler are paying $73.26, [...]

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GM swings to profit, toes up to regain acme position

General Motors reported a quarterly profit that conquered Wall Street estimates as it benefited from cost-cutting and growing sales overseas. In the quarter, GM earned $891 million, or $1.56 a share, compared to the massive loss of $3.4 billion, or $5.98 a year before. Detroit-based GM almost broke even in North America, but profit boosted [...]

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