There's more evidence that Toyota is coming on strong and might leave both Ford and GM in the dust. CNBC’s Phil LeBeau has more on Toyota emerging as the #1 car company in the world.
LeBeau says in just a matter of hours, it could become clear that Toyota will pass up General Motors to become the world's number one automaker. The Japanese company releases its '07 forecast at midnight and those numbers are expected to show Toyota making more vehicles globally than GM.
Lebeau says “I think this might surprise people, (how quickly Toyota has closed the gap on General Motors) but it is not surprising when you consider the growth and where it is coming around the world."