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Tuesday, May 10, 2011

Toyota's best selling car in the world, lost its supremacy.

Toyota's best selling car in the world, lost its supremacy.
 Toyota could fall to third place among the world's largest automakers, after General Motors (GM) and Volkswagen because of natural disaster in March and the nuclear crisis, which reduced vehicle production in Japan almost two thirds last month

Car factories in Japan are first affected by lack of spare parts and, on the other hand, the difficulties faced fuznirorii electricity.
Investors anticipate that rivals the Japanese companies will benefit from a prolonged deficiency of production. South Korean shares carmakers, Hyundai and Kia, have climbed to record highs Monday.
"Hyundai and Kia will be the biggest beneficiaries of the Japanese auto industry's problems. Hyundai will focus on high-end market, while Kia has the ability to increase volume. It's a great mix that Japanese companies can be caught from behind ", commented an analyst at Korea.



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