"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Tuesday, April 24, 2007

Toyota Motors outsell GM worldwide in Q1 2007

Toyota Motor have announced that they sold a whopping 9% (2.26 Mn Total) more vehicles in Q1 (Jan-March) than General Motors - the first time ever and claim World No 1 position.

Toyota's claim they overtook GM by pushing hybrid technology at a time when Detroit was stacking up inventories of trucks and sport utility vehicles. GM and Ford Motor Co. also sellihurtng nuk volumes to rental agencies, ato low (if any) margin - hitting group profitability.

In March, Toyota's U.S. sales rose 11.7% to 242,675 vehicles, while GM's sales fell to
345,418 from 359,705. Ford's U.S. sales in March dropped to 264,975 cars from 291,146.

Apparently Toyota trucks are a popular choice with the Taliban as a "technical" because they are rugged, robust and very, very reliable in harsh conditions.... that could make an interesting TV ad ? Toyota from the folks who brought you Pearl Harbour and defeat by the Taliban in Toyota technicals.

at 4/24/2007 10:11:00 am

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