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 Post subject: Toyota Closes in on GM -- Announces Production Boost
PostPosted: Mon Sep 03, 2007 9:36 pm 
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The Toyota Motor Corp. has announced that it will be producing some 100,000 vehicles at the Subaru factory in Indiana, United States. The announcement comes just days after General Motors announced it would be closing some 12 plants by 2008. The production increase, as well as GM's plant closures, could mean that Toyota surpasses the world's biggest automaker on global production rates, meaning GM would be unseated from the top of the ranks and Toyota would be number one. According to one analyst from Harbour Consulting -- a manufacturing consulting firm -- Toyota has a predicted vehicle production rate of 8.1 million units this year and GM's rate is sitting at 9 million for the year. Source: news.yahoo.com


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