Toyota Record Profits

Toyota reports a 19% increase in 3rd quarter profits. They are well on their way to becoming the world's largest automaker. Toyota has had 8 straight years of record earnings. They continue to increase market share while the big three {GM, Ford, and Crysler} lose market share.

But why is this so?

Ford & GM continue to build big SUV trucks and other gas hogs. They laughed at the hybrids and small fuel efficient cars. I predicted that both Ford & GM would go under unless they changed direction. We now stand at the crossroads. Either US car makers start to produce the cars people want or they will become a footnote in the history books.