WHITTIER, CA - JULY 23: A Toyota Prius is displayed at Toyota of Whittier on July 23, 2008 in Whittier, California. Toyota Motor sold almost 300,000 more vehicles than General Motors in the first half of 2008 putting the Japanese automaker on a course to overtake GM, the world's biggest automaker for the past 77 years. The 2.41 million vehicles that Toyota sold in the second quarter was 2 percent more than the previous year while GM sales fell 5 percent to only 2.28 million. Record gas prices have led to lagging demand for big trucks like those that GM sells while Toyota has had much success with high mileage cars like its hybrid Prius. Getty Images logo Getty Images 16 months ago

WHITTIER, CA - JULY 23: A Toyota Prius is displayed at Toyota of Whittier on July 23, 2008 in Whittier, California. Toyota Motor sold almost 300,000 more vehicles than General Motors in the first half of 2008 putting the Japanese automaker on a course to overtake GM, the world's biggest automaker for the past 77 years. The 2.41 million vehicles that Toyota sold in the second quarter was 2 percent more than the previous year while GM sales fell 5 percent to only 2.28 million. Record gas prices have led to lagging demand for big trucks like those that GM sells while Toyota has had much success with high mileage cars like its hybrid Prius.

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  1. General Sales Manager Peter Van Den Berghe, left, talks to Jeff Harvery, center, of Auiroa, Colo., about the Saturn Outlook that he is about to test drive at the Saturn of Denver dealership in the Denver suburb of Littleton, Colo., on Thursday, Oct. 1, 2009. Salesman Tim Duff is pictured at right. Harvey a two time Saturn owner was not concerned that General Motors is going to quit the Saturn line.
  2. Spain's Industry Minister Miguel Sebastian (L) shakes hands with General Motors' Manager to Europe Nick Reilly (R) during a meeting in Madrid on November 20, 2009.
  3. Spain's Industry Minister Miguel Sebastian (L) poses with General Motors' Manager to Europe Nick Reilly (R) during a meeting in Madrid on November 20, 2009.
  4. Spain's Industry Minister Miguel Sebastian (L) chats with General Motors' Manager to Europe Nick Reilly (R) during a meeting in Madrid on November 20, 2009.
  5. Spain's Indutry Minister Miguel Sebastian (L) chats with General Motors' Manager to Europe Nick Reilly (R) during a meeting in Madrid on November 20, 2009.
  6. Spanish Industry Minister Miguel Sebastian (L) shakes hands with General Motors Vice President and Chief for Operations in Europe Nick Reilly during a meeting in Madrid November 20, 2009. U.S. carmaker General Motors will present a new viability plan for Opel in December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday.
  7. Spanish Industry Minister Miguel Sebastian (L) shakes hands with General Motors Vice President and Chief for Operations in Europe Nick Reilly during a meeting in Madrid November 20, 2009. U.S. carmaker General Motors will present a new viability plan for Opel in December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday.
  8. General Motors Vice President and chief for Operations in Europe Nick Reilly arrives for a news conference at the GM factory in Figueruelas, near Zaragoza, November 19, 2009. U.S. carmaker General Motors will present a new viability plan for Opel in December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday.
  9. General Motors Vice President and chief for Operations in Europe Nick Reilly speaks during a news conference at the GM factory in Figueruelas, near Zaragoza, November 19, 2009. U.S. carmaker General Motors will present a new viability plan for Opel in December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday.
  10. General Motors Vice President and chief for Operations in Europe Nick Reilly speaks during a news conference at the GM factory in Figueruelas, near Zaragoza, November 19, 2009. U.S. carmaker General Motors will present a new viability plan for Opel in December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday.
  11. General Motors Vice President and chief for Operations in Europe Nick Reilly attends a news conference at the GM factory in Figueruelas, near aragoza, November 19, 2009. U.S. carmaker General Motors will present a new viability plan for Opel in December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday.
  12. Nick Reilly, interim head of General Motor's European business, listens to a question during a media briefing at the Royal Automobile Club in London, November 17, 2009. U.S. carmaker GM could cut between 9,000 and 10,000 jobs as part of a restructuring of its European operations, Reilly said on Tuesday.
  13. Nick Reilly, interim head of General Motor's European business, speaks during a media briefing at the Royal Automobile Club in London, November 17, 2009. U.S. carmaker GM could cut between 9,000 and 10,000 jobs as part of a restructuring of its European operations, Reilly said on Tuesday.
  14. Nick Reilly, interim head of General Motor's European business, poses for a photograph at sunset before giving a media briefing at the Royal Automobile Club in London November 17, 2009. U.S. carmaker GM could cut between 9,000 and 10,000 jobs as part of its restructuring of its European operations, Reilly said on Tuesday.
  15. General Motors International Operations President Nick Reilly (L) and Flemish Region President Kris Peeters address a news conference after talks on the future of carmaker Opel in Brussels November 16, 2009.
  16. CEO for General motors Europe, Nick Reilly looks up during a meeting with Minister-President of the Flemish Government Kris Peeters, unseen, at his office in Brussels, Monday, Nov. 16, 2009. GM last week called off the planned sale of Germany-based Opel to car parts maker Magna and Russian lender Sberbank.

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