Toyota No. 1 in Global Production
Food for thought: With Toyota providing thousands of jobs in the South Bay and in the US, is Toyota's surpassing of GM ultimately a good thing? If Toyota's jobs are stable, lasting and growing, will Americans eventually start rooting for Toyota? After all, Japan is outsourcing these jobs to America.
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TOKYO (AP) - Toyota may have fallen short of General Motors in global vehicle sales last year.
But the Japanese carmaker has beaten its U.S. rival in global vehicle production.
Toyota says today it made a record 9.4-9-7 million vehicles worldwide in 2007. That's up five percent from 2006.
It's about 213,000 more automobiles than the 9.2-8-4 million GM made last year.