For all that, though, Whitman is buying Toyota Industries because it owns 5% of Toyota Motors.
Toyota Motors recently announced that unit sales of its hybrid cars surpassed 1 million units in 2012.
FORBES: Toyota Rides Hybrid Sales To $91 But Competition Is In Overdrive
Ford has traditionally lagged other major automakers such as General Motors, Toyota Motors and Volkswagen in China.
FORBES: China Has Growth But We're Tapping The Brakes On Ford At $15
It is no secret that Toyota Motors sees the next wave of growth coming from developing markets in Southeast Asia and South America.
Hong Kong (CNN) -- Japan's Toyota Motors has revved ahead of U.S.-based General Motors in 2012 to reclaim the title of world's biggest auto manufacturer.
Toyota Motors, which had suffered setbacks over the past few years due to the Fukushima nuclear meltdown in Japan, posted even stronger growth, with sales up 26.6%.
FORBES: Solid January For Detroit As GM Predicts A Record Year; Toyota's Sales Surge
Ford has traditionally lagged behind other major autos such as General Motors, Volkswagen and Toyota Motors in China primarily because it was too slow to enter the Chinese market.
Toyota Motors announced its third quarter results on Tuesday.
FORBES: Toyota's Growth Shifts To Higher Gear With Yen's Help
Toyota Motors posted a big loss in the first quarter as its sales in Japan and North America continue to suffer from the effects of a massive earthquake and tsunami combo that rattled Japan back in March.
FORBES: Toyota Hitting Bottom, Posts Big Loss But Raises Outlook
Toyota Motors is stepping up its focus on the extreme ends of the auto market i.e. luxury cars on the higher end of the spectrum and cars for the more price sensitive consumers at the lower end.
FORBES: Toyota Bets On Extreme Ends Of The Auto Market On Its Way To $90
With major automakers announcing their Chinese sales for November, deliveries of Japanese automakers such as Toyota Motors and Honda Motors were down as expected, but the rate of decline was less than what many had predicted.
FORBES: Japanese Auto Sales In China Improve But No Match For GM And Ford
The market value of its Toyota Motors shares is roughly equivalent to the market value of all of Toyota Industries, as reported in Forbes Global on Feb. 17, so Whitman feels he is getting the other operations for free.
Shares of major exporters Toyota and Suzuki Motors, which rely heavily on overseas sales, were higher.
Toyota and General Motors are among a growing list of firms offering in-car navigation systems.
"Toyota and General Motors are now benchmarking the Rouge, which is exactly what Bill Ford wanted, " says Timothy J.
In the first half of 2012, Toyota overtook General Motors to regain its spot as the largest auto selling company in the world.
FORBES: Toyota Raises Guidance After Impressive Rebound In Sales
It competes in the mass market against companies, such as Toyota, General Motors, Ford and Nissan, that are either bigger or in alliances with other automakers.
By handing her the keys to Fiat's brand-new North American business, Marchionne entrusted Soave with a crucial element in the risky alliance between Fiat and Chrysler he hopes to turn into an automotive empire on the scale of Toyota, General Motors and Volkswagen.
General Motors and Toyota led the sales reports with increases of 46% and 42% during the month.
Among the car makers, General Motors and Toyota are also developing fuel cells.
The world's two biggest automakers, General Motors and Toyota, will almost simultaneously unveil new pickups aimed squarely at the F-Series.
General Motors joins Toyota and Hundai with recalls announced this month.
Because the company depends heavily on distribution through automobile sales from companies like Ford, General Motors and Toyota, the economic downturn took a heavy toll.
Tata Motors boosts its revenue by making dies for Jaguar, Ford, General Motors and Toyota, too, just as it does by allowing the made-in-India Mercedes to be run through its paint shop.
These days, rather than turning out truly horrendous designs the type that come into being as a calculated risk that went horribly wrong, which is a luxury of finance and scheduling most automakers no longer possess companies like Ford, General Motors, Toyota and Volkswagen simply produce cars of the ho-hum variety.
Toyota, Nissan and General Motors are all striving to develop ceramic car engine parts.
No, not General Motors, but Toyota, whose vehicles jump off the lot because consumers swear by their quality.
Ford mainly competes with General Motors, Toyota, and Honda.
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