Already a Bloomberg.com user?
Sign in with the same account.
By Brian Bremner
You'd think top executives at Toyota (TM
) would be giving each other high-fives these days. Its biggest global competitors -- General Motors (GM
), Ford (F
), and DaimlerChrysler (DCX
) -- are in grim shape, locked in tough labor talks and burdened by massive pension obligations. Meanwhile, Toyota and other Japanese automakers continue to gain market share in the U.S.
//
if (!window.BW_adsys) {
document.write('
}
// ]]>
//
if (!window.BW_sitezone) {
BW_sitezone = 'top_news/general';
}
if (window.BW_adsys) {
document.write(BW_adsys('middle', '/common_adcode/db_general_9.htm'));
}
// ]]>
In August, Toyota overtook DaimlerChrysler as the No. 3 in terms of sales. The Japanese carmaker boasts a waterfront of great models, from the fabled Camry sedan to the Lexus LX 470, an SUV. It has a promising Gen Y compact car called the Scion that's creating a lot of talk in the industry, an