Toyota Is One of the World’s 10 Fastest Growing Car Companies

According to the 2013 Automotive Executive Survey from KPMG, Toyota is the fourth fastest growing car company in the world.  A story on Forbes.com says Toyota will remain a dominant force around the world with 68 percent of KPMG survey respondents saying it will increase market share.  Just 7 percent think Toyota could lose market share in the next five years.

Of the top 27 companies on the KPMG survey list, GM and Ford were ranked No. 14.  Forbes said the Detroit automakers will find it harder to build market share among increasing competition from Asian automakers, some of which they already partner with in China in particular.  Survey respondents (44 percent) think GM and Ford will increase their market share, and 23 percent think their market share will decrease by 2018.

The Forbes report can be found here.

Posted in Toyota, Toyota National and Worldwide News | Comments Off on Toyota Is One of the World’s 10 Fastest Growing Car Companies