Filed under: GM , Toyota , Volkswagen , Earnings/Financials Toyota is the top-selling automaker in the world. Again. Still. With total reported sales, including those from subsidiaries, of 9.98 million in 2013, Toyota’s performance was enough to outpace rival General Motors by around 270,000 vehicles. That’s a 2.4-percent gain over 2012, and it makes Toyota the top-seller two years in a row. Still, the gap between the top three is shrinking – Toyota held a 460,000-unit lead in 2012. GM sold 9.71 million vehicles last year, a four-percent increase, coming in second place ahead of Volkswagen , which sold around 9.5 million. According to Bloomberg , Toyota CEO Akio Toyoda said his company managed to win the sales race while also remaining more profitable than GM or VW. It’s going to be another interesting year in 2014 as the three behemoth automakers vie for the title of World’s Largest. Toyota has predicted that it will increase sales in 2014 to 10.32 million – which would make Toyota the first automaker ever to surpass 10 million global sales – though General Motors and VW are expected to again fight for the lead in the massive Chinese market.
Lexus Group Vice President and General Manager Jeff Bracken reveals the all-new Lexus RC F Coupe at the
Toyota Motor Sales, U.S.A., Inc., Senior Vice President of Automotive Operations Bob Carter speaks at the Automotive News World Congress on Tuesday, January 14, 2014.
Toyota Motor Sales, U.S.A., Inc., Senior Vice President of Automotive Operations Bob Carter speaks at the Deutsche Bank Global Auto Industry Conference on Wednesday, January 15, 2014.
Calty Design Research President Kevin Hunter and Studio Chief Designer Alex Shen reveal the Toyota FT-1 Concept vehicle at the 2014 North American International Auto Show (NAIAS) in Detroit, Jan. 13, 2014.
Toyota Motor Sales, U.S.A., Inc., Senior Vice President of Automotive Operations Bob Carter debuts the Toyota Fuel Cell Concept vehicle at the 2014 Consumer Electronics Show (CES) on Monday, Jan. 6, 2014 in Las Vegas.
Toyota Division Group Vice President and General Manager Bill Fay and Lexus Group Vice President and General Manager Jeff Bracken review December 2013 sales.
Toyota Division Group Vice President and General Manager Bill Fay and Lexus Group Vice President and General Manager Jeff Bracken review November 2013 sales.
TORRANCE, Calif., (Nov. 15, 2013) – During his 16 years as President and Chief Executive Officer of Toyota Financial Services USA, George Borst demonstrated an unwavering commitment to developing strong female leaders across the organization.
Filed under: Budget , Sedan , Plants/Manufacturing , Subaru , Toyota Subaru may be set to end production of the Toyota Camry at its Lafayette, IN facility by 2017, according to a report from the Louisville Journal-Courier and a CBS affiliate in Columbia, South Carolina . Speaking to the plant’s Executive Vice President Tom Easterday, the whole affair sounds like a done deal. “Based on changes in Toyota’s production plans, they have decided that the award-winning Camry production contract will not be renewed,” Easterday said. Easterday was quick to emphasize that just because Camry production would end, doesn’t mean jobs will be lost. “There will be no loss of jobs at SIA as a result of this,” he said, before adding that the loss of Camry production will have no impact Subaru’s $400 million investment to ready the plant for Impreza production in 2016 . That said, adding a promised 900 jobs may take longer than originally planned, as Camry production staff are set to be retrained on Subaru production. SIA currently has the capacity to produce 100,000 Camrys per year, and began production of the family sedan in 2007 alongside production of the Subaru Outback , Legacy and eventually, the soon-to-be-discontinued Tribeca . We spoke via email with Toyota spokesperson Curt McAllister, who said, “We are not in position to discuss production plans at this time.” Subaru has not responded as of this writing, but we’ll update this post as soon we hear something. Subaru Indiana plant to stop building Toyota Camry originally appeared on Autoblog on Fri, 15 Nov 2013 10:15:00 EST. Please see our terms for use of feeds .