Toyota Motors have been very open about their plan of grabbing the number one spot from General Motors this year. And sadly, with the present turn of events for General Motors it is not impossible for it to lose its post to Toyota.
According to analysts for this year, Toyota Motors will succeed in overtaking General Motors and will become the new largest carmaker in the world. Looking back in the year 1931 when GM became the world's numero uno, threats of toppling it down seems to be impossibility.
General Motors has been the world's number one automaker for the past 70 years and if ever Toyota really do surpass GM that would have an intense psychological effect on the entirety of the US industry which is sadly to say the last manufacturing sector where Americans still lead.
One of the reasons cited for General Motors sudden plunged is its failure to adapt its production methods to meet the changing consumer tastes. General Motors have failed to realize that it would not always have the same edge that it has like in the year 1955 when four out of five cars in the world were US made and half of them were products of GM. This probably was one of the reasons why GM is in its dismal state right now since it has become too confident of its standing in the auto industry and failed to see the imminent danger that would challenge its position.
The edge of Toyota over General Motors is the fact that the Japanese automaker was concentrating on changing its production system to become more efficient and leaner. The complacency on the part of GM was countered by Toyota with relentless pursuit for excellence which resulted to the changing fortunes of the two companies. Although, it is wrong also to construe that GM products are deteriorating in quality but the main point is that the automaker has been very lax lately which has given the Japanese automaker the chance to grab most its market share.
Until the time comes that Toyota be officially proclaimed as the new number 1 automaker in the world, General Motors will continue to lead as the world's largest carmaker in terms of vehicles produced and auto parts manufactured and that includes products like . The only question now is for how long?
