Toyota Motors missed being the number one auto maker in the world in terms of sales by a mere 3,000 vehicles. The number one spot went again to General Motors which has held this spot since the 1930s. Though Toyota lost this time, it is fast gaining on the US Giant and it’s only a matter of time before it becomes the Numero Uno auto maker. Toyota is already the number one for hybrid cars, having sold over 1 million of them and plans to introduce all of its models in a hybrid version by the year 2020. Toyota Prius remains the most popular hybrid car in the world. Not long ago, Ford was the number two auto maker in the world - well, not anymore.
For its part, GM recently set a record in China by selling over 1 million vehicles and plans to introduce ulta economic vehicles in India which is currently dominated by Tata Motors and Hyundai. GM even introduced a hybrid model in China. Toyota on the other hand was a late entrant into China and hopes to catch up with GM quickly. Though Toyota underplays its quick gains on the US auto makers, the war between the giants is sure to heat up over the next few years and it will be interesting to see if Toyota manages to upstage GM or if GM is able to gain a stronghold.
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