Toyota takes title of World’s Largest Automaker… again, for now

Toyota takes title of World’s Largest Automaker… again, for now

May 12, 2012 by · Leave a Comment 

Filed under: Toyota , Earnings/Financials Now that the title of world’s largest maker has become a clear and eager battle, we can expect more regular updates on the progress of the combatants. Bloomberg reports that Toyota snagged the #1 crown in Q1, taking it away from General Motors with 2.49 million units sold across its five brands compared to 2.28 million for GM. Volkswagen was just another tenth down at 2.19 million units sold. What all three might appreciate even more than the crown – except for VW, who is monomaniacal about the No. 1 tag – is that sales volumes and profitability are up, at least in America. Toyota’s sales rebound from the catastrophes of last year (and indeed, the last few years) is being underlined by its performance here, where the Prius Plug-In is the third-best seller against a background of the nation’s best car sales market in five years . Even with double its usual fleet sales in Q1, Toyota expects this financial year’s profits to double . The year isn’t over yet and it remains close, but for now it looks like there’ll be good news for everyone. Well, until 2016, when Volkswagen is predicted to vanquish all challengers at the top of the podium, two years ahead of its own ridiculously ambitious schedule. Toyota takes title of World’s Largest Automaker…

GM retakes World’s Largest Automaker title from Toyota thanks to quake

GM retakes World’s Largest Automaker title from Toyota thanks to quake

August 5, 2011 by · Leave a Comment 

Filed under: Car Buying , GM , Toyota , Volkswagen , Earnings/Financials Bloomberg is reporting that General Motors has taken back the crown as the world’s largest automaker. The Detroit-based company outsold Toyota through the first six months of 2011, thanks largely to the manufacturer’s production shortages brought on by this year’s earthquake and tsunami disaster in Japan. GM sold a total of 4.536 million units worldwide through June 30, Volkswagen moved 4.13 million vehicles, while Toyota numbers fell to 4.13 million units. Bloomberg reports that production at the company’s Toyota City facility plummeted by 23 percent after a full production stop following the March earthquake. Even so, Toyota says that it plans to institute an aggressive production recovery period during September, one month ahead of schedule, to help satiate demand. Those efforts still might not be enough to put the Japanese automaker ahead of Volkswagen through the remainder of 2011, however. Analysts say that’s due to the simple logistics of delivering vehicles from their production facilities to the dealerships that need them most. GM retakes World’s Largest Automaker title from Toyota thanks to quake originally appeared on Autoblog 5.0 on Fri, 05 Aug 2011 11:31:00 EST. Please see our terms for use of feeds . Permalink

Tweeter button Facebook button Youtube button