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Toyota to overtake Ford in US market
Continuing the declining trend of the big three American automakers, Ford is the latest victim overtaken by the unstoppable Japanese machine that is Toyota.
The sales of Toyota vehicles already surpassed DiamlerChrysler last year and now stands roughly at 15%, increased from about 10% from five years ago, while Ford is still struggling after it’s restructuring and predicted that their market share will stabilize at around 14-15% within 2 years.
This is with regards to the American market, Toyota is a very close second to GM globally. Even here in Malaysia, Toyota and Perodua (basically re branded Toyota cars) chalks up about 50% of the local market.
There seems to be no signs of Toyota going stopping their momentum.
source: cnn money
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