Old Rocks
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Toyota may lose top spot as profits down 77% - Leadership, business and management news, tips and features from MT and Management Today magazine
Just to rub salt into the wound, its arch rivals GM of America and Germany’s VW/Audi have both been doing rather nicely, thank you, in recent months. GM’s Q1 operating profit tripled to $3.2bn earlier this month (admittedly helped by the sale of a couple of subsidiaries), whilst VW Audi posted its highest-ever quarterly sales figures, shifting 2m vehicles in the first three months of the year.
Just to rub salt into the wound, its arch rivals GM of America and Germany’s VW/Audi have both been doing rather nicely, thank you, in recent months. GM’s Q1 operating profit tripled to $3.2bn earlier this month (admittedly helped by the sale of a couple of subsidiaries), whilst VW Audi posted its highest-ever quarterly sales figures, shifting 2m vehicles in the first three months of the year.