VitalAccurateThinking

Goodbye Ford, You are Done

Sorry Ford, your time is almost over. Toyota took the number 2 spot in November:

Toyota Motor Corp. took the No. 2 spot in the U.S. market in November from Ford Motor Co., which saw sales tumble by a steeper-than-expected 10 percent.

GM, Ford and Chrysler are all losing money, cutting jobs and production. The Big Three Detroit automakers also have been struggling to manage inventories. The problem is most acute for Chrysler, which is working to eliminate unaccounted-for, unsold inventory.

How did they do it? Let me guess: smaller, more fuel efficient car sales and a hybrid strategy.

posted by Jim VAT @ 6:38 PM