Overseas Competition

Toyota and Honda are the major competitors for the U.S. automakers. Toyota is the world's largest automaker by far with more production and sales than any other company. Majority of the cars they produce are more fuel efficient than the Detroit automakers and for the most part, they are cheaper also. Toyota already has the Prius, which has huge amounts of sales, and is among the highest efficiency in gas mileage. Toyota also owns Scion, which has become somewhat of a fad in the U.S. it is a great first car because it is efficient and less expensive than most other cars of its caliber. Honda and Toyota have been producing Accords and Camry's for years with sky-high sales on both models. Honda, unlike the other car companies, is also involved in the production of motorcycles, semi trucks, scooters, and even boats. They are able to diversify and are strong competitors for Ford, GM, and Chrysler.