Oh, What a (Sinking) Feeling

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For the first time ever, Toyota tops GM worldwide sales for the quarter. John Edwards is the first to jump on the issue, but I suspect we will be hearing more about it from the other candidates.

P.S.: Mr. Swamp, who just last year traded in our (still running) 1988 Camry for a new one, won’t be surprised.

UPDATE: To Ama and Atothek and other commenters who may be wondering why Edwards is talking about South Korea in a statement about a Japanese automaker, perhaps this will make things a bit clearer.

To Disappointed Again, please see Ana’s post below this one.

ANOTHER UPDATE WEDNESDAY MORNING: Cousin Justin’s take over at the Curious Capitalist.