Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Toyota passes GM in China

by Tony Sagami on October 20, 2008

in Asian Market, Stock Market in China

Who is winning the car war in China?

In the first nine months of 2008, Toyota sold 407,427 cars (a 30% year over year increase) while GM’ was basicallyunchanged at 373,945.

Globally, Toyota sold 2.41 million cars compared to 2.29 million for GM.

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