Filed under: Car Buying , China , Ford , GM , Toyota , Volkswagen As of the end of November, Volkswagen had sold 70,000 more cars than General Motors in China in 2013, making it appear inevitable that VW will outsell GM there. The feat would return the German brand to the top of chart in China for the first time in nine years, but even the second-place getter won’t be complaining too loudly: both automakers sold more than three million vehicles in a market pegged to hit 16 million sales this year. Volkswagen said it could have sold more cars if it had had more production capacity in China. The arrival of a new-to-China Audi A4 , a China-built A3 sedan , the VW Bora and Skoda Octavia , as well as an $18.2-billion-euro investment in the country to construct new factories , means VW should see its numbers grow in 2014. GM’s lineup is expanding next year, too, adding four Chevrolet nameplates and two vehicles to its Baojun brand as it tries to get to five million in sales by 2015. Among other automakers, Ford benefited from good product and woes for Japanese automakers over a territorial dispute with China, outselling Toyota by almost 32,000 units through the end of November. The Ford Focus is China’s best-selling vehicle so far this year. Analysts predict that the Chinese market will grow in 2014 thanks to untapped demand in smaller cities, and that should make for more record numbers; counting buses and trucks, China should surpass the 20-million sales mark. The biggest headwind foreseen at the moment is pollution. Larger cities are already capping the number of new vehicle sales and how often people are allowed to drive, as the effects of industrialization obscure entire cities and long-term forecasts.
TORRANCE, Calif. (Dec. 3, 2013) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported November 2013 sales results of 178,044 units, an increase of 5.9 percent over November 2012 on a daily selling rate (DSR) basis.
Filed under: Car Buying , Etc. , Hummer , Toyota CarMD has released its third annual Vehicle Health Index, which for the 2013 tracked the frequency and cost of repairs for “check engine” problems of 119-million vehicles built between the 2003 and 2013 model years. For the first two years of the index, Toyota ranked at the top of the list, but this year’s results see Hyundai moved to number one, pushing Toyota down a spot. The Korean automaker’s rise to the top has been “fueled by its low repair frequency,” according to CarMD. Toyota is second to Hyundai in lowest repair frequency, but Toyotas also have the highest average cost of repair. (Interestingly, General Motors vehicles have the lowest average.) Both Toyota’s and Hyundai’s manufacturer “health” ratings suffered this year, but Toyota took a bigger hit, which also is what helped Hyundai achieve the top ranking. While Hyundai is the top manufacturer in the index, the 2012 Toyota Camry is the top vehicle. The best-ranking Hyundai was the 2010 Elantra (behind three Nissan models and four Toyotas), which took the number eight spot. Hyundai has six other vehicles in the top 100. The top-ten manufacturers with the best overall vehicle “health” rankings are Hyundai (No.
Darryl ‘DMC’ McDaniels Helps Deliver First Vehicle As 100 Cars For Good Concludes Third Powerful Year
TORRANCE, Calif., (Nov. 26, 2013) –
TORRANCE, Calif. (Nov. 1, 2013)
Filed under: Toyota , Earnings/Financials When it comes to global vehicle deliveries, the term “Big Three” doesn’t apply to Ford , Chrysler and General Motors , but instead Toyota , GM and Volkswagen – in that order – through the third quarter of 2013. Toyota sold 7.41-million vehicles through the third quarter and is on track to deliver more vehicles this year than GM and VW, which sold 7.25-million and 7.03-million, respectively, through the same period, Bloomberg reports . During the third quarter, from July to September, Toyota’s 2.5-million deliveries helped to push it higher than its closest competitors this year. In that period, GM delivered 2.4-million vehicles while VW posted 2.33-million deliveries. Part of the reason behind Toyota’s and other Japanese automakers resurgence globally is the weakened yen, which can be attributed to policies made by Prime Minister Shinzo Abe since he took office in December 2012. Many refer to those monetary easing policies as ‘Abenomics,’ which has led some, such as Ford , to call Japan a currency manipulator and is a big reason why the US is lobbying to oppose Japan’s entry into the Trans-Pacific Partnership (TPP). Because the yen is weakened, Yuuki Sakurai, president of Fukoku Capital Management Inc., reportedly says, “The selling prices of some Japanese cars in the US have been lowered to make them more competitive.” In the US, at least, GM did out-deliver Toyota in the third quarter. It delivered 697,113 vehicles to Toyota’s 586,016, but that was enough for the Japanese automaker to grow 12 percent in the US and beat Ford for the first time in 15 quarters. Toyota officially outsells GM, VW through first three quarters originally appeared on Autoblog on Tue, 29 Oct 2013 11:00:00 EST. Please see our terms for use of feeds .
Filed under: Concept Cars , Lexus , Scion , Toyota , Design/Style “In the future, out of 100 customers, we want to excite ten of them instead of not offending all 100.” Almost all of the details about the Toyota New Group Architecture (TNGA) strategy have come out since the initiative was first reported on in March of this year, but Autoblog did learn a few new things about it on a recent trip to Japan. Probably the second-most important detail is that each new segment platform will be based around a common hip point to create an “optimal driving position architecture.” Previously, each car was conceived on its own, so Toyota couldn’t extract savings from cars that were close in size. The Etios , sold in Latin America and India, is not much smaller than the Corolla , but the two compacts had two different lead engineers, so they have different hip points and require different manufacturing processes and different kinds of commodity parts like seat belt equipment. A common hip point and driving position, as well as other moves like the an R&D reorganization and the switch to parts engineered for global approval and pooled buying, will allow Toyota to harmonize parts like airbags, pedal boxes and seat belts to save money. The company expects to save 15 to 20 percent on manufacturing using TNGA, and 20 to 30 percent overall once development is included. Toyota also says it will use the efficiencies gained and money saved to make those commodity parts better, and they will have longer life cycles; while the lifespan of a Corolla won’t change, a pedal box might carry over from one generation into a brand new generation. Three new front-wheel-drive cars are expected to ride on the platform in 2015, the Prius being one of them, and its advance estimate of 55 miles per gallon is said to be aided by the TNGA. Another important objective of the streamlined development programs and common parts is allowing the designers to actually, you know, design a car instead of wrapping a platform in meek metal. Said company CEO Akio Toyoda earlier this year, “Instead of developing what customers would want next, we were making cars that would rake in sales” – cars that were just as popular as they were boring. That brings us to what we think might be the most important advance provided by the TNGA, revealed in a presentation by company design chief Tokuo Fukuichi: “Before, we made cars so as not to be disliked by anyone.
TORRANCE, Calif., Oct. 17, 2013