Wednesday, February 18, 2009

Toyota to build more cars in North America than Chrysler



Toyota's North American car output will surpass Chrysler's for the first time during the first quarter of 2009. The two companies' downward trajectories will soon cross, leaving Toyota as the third largest domestic producer behind Ford and General Motors. Both Chrysler and Toyota are sharply cutting back their production, so it's a story of relative gain rather than absolute. Nevertheless, by building a planned 280,500 cars in Q1 2009, Toyota will outstrip Chrysler by over 20,000 units, reports Automotive News. Those figures amount to a 31.8% decrease for Toyota and an even more dramatic 50.6% decrease for Chrysler.

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