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Industry: Email Alert RSS FeedToyota could overtake GM as No. 1, Lutz says.(News)(General Motors)(Robert Lutz)(Brief Article)
Automotive News Europe, January, 2005 by Kranz, Rick
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Byline: Rick Kranz
General Motors Vice Chairman Robert Lutz admits it may be impossible to prevent Toyota from becoming the No. 1 automaker in the world.
"Obviously, our goal is to stop that," Lutz said. "It may be impossible to stop even if we gain market share in every one of our markets because Toyota is so huge and expanding so fast in the Asian markets.
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"If they only grow with the market in those rapidly growing Asian markets, they risk knocking us ...
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