Will Toyota Be One of the 'Big Three' By 2009?
AGO - Toyota will sell more vehicles in the United States than DaimlerChrysler by 2009 to join General Motors and Ford in a new-look Big Three, a leading industry forecaster predicts.
An unrelenting product offensive and growth in luxury vehicle sales will propel Toyota into third place, Detroit-based CSM Worldwide said in a forecast released Tuesday.
"They’re on a roll, and the momentum is going to continue through this decade," said Joe Barker, CSM’s manager of North American sales analysis.
Toyota, including its Lexus and Scion brands, holds 12.2 percent of the U.S. market. CSM sees Toyota’s share growing to 14.1 percent in five years, enough to knock DaimlerChrysler out of the Big Three.
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