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.
Toyota City, Japan (Jan. 10, 2014) – Toyota Motor Corporation (TMC) announces that its GAZOO Racing team will enter three vehicles in the 42nd 24 Hours N
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 City, Japan, January 15, 2014—Toyota Motor Corporation announces that cumulative global sales of its hybrid vehicles topped the 6 million unit mark as of December 31, 2013, reaching 6.072 million units 1 . The latest million-unit milestone was achieved in the fastest time yet for Toyota, taking just nine months.
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.
Filed under: Plants/Manufacturing , Lexus , Toyota The ES is Lexus’ top-selling sedan, but the Japanese luxury marque has never manufactured it outside of Japan. In fact, Lexus has never made any cars in the United States, one of its largest markets worldwide. But that’s about to change. Yesterday, construction began in Georgetown, Kentucky, on the first Lexus assembly line in America, the first concrete (or steel) step in a $360-million expansion of Toyota’s plant in the Bluegrass state that will create 750 new jobs. The expansion was announced last April by chief executive Akio Toyoda at the New York Auto Show . Once the new assembly line gets online in the fall of next year, Toyota plans on building some 50,000 units of the ES each year. Lexus sold a record 72,581 examples of the ES in the United States last year – 30 percent more than the previous year – so Lexus will either have to import some more from overseas or leave some buyers disappointed. Toyota Motor Manufacturing Kentucky (TMMK) also builds the Camry , Avalon and Venza , with a capacity to assembly 500,000 vehicles and 600,000 engines each year. Continue reading Construction of Lexus’ first US assembly line underway Construction of Lexus’ first US assembly line underway originally appeared on Autoblog on Thu, 09 Jan 2014 14:03:00 EST. Please see our terms for use of feeds .
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.
LAS VEGAS (Jan. 06, 2014) – “We aren’t trying to re-invent the wheel;
TORRANCE, Calif. (Jan. 3, 2014)
TORRANCE, Calif. (Jan. 3, 2014)