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  1. Join Date
    Apr 2010
    Posts
    634
    #1
    tibay ng toyota kahit madami recall

    http://news.yahoo.com/s/ap/as_japan_toyota

    Toyota sold 8.4M vehicles in 2010 to hold top spot


    Buzz up!



    AP – FILE - In this Jan. 10, 2011 file photo, Toyota Motor Corp. President Akio Toyoda introduces the Prius …

    By YURI KAGEYAMA, AP Business Writer – 48 mins ago

    TOKYO – Toyota sold 8.42 million vehicles globally in 2010, remaining the world's top automaker for the third year straight despite recall woes in the key North American market.

    General Motors also released a new tally Monday for its global 2010 sales, at 8.39 million vehicles, slightly fewer than Toyota's number, but a dramatic 12 percent rebound from 7.48 million vehicles the year before.

    The race between the two giants appears to be getting close, with the chance the tables could be turned, seeing GM once again rising to the top.
    "General Motors is going strong, and it's a sure sign of its re-emergence," said Yasuaki Iwamoto, auto analyst with Okasan Securities Co. in Tokyo.

    Meanwhile, Toyota wasn't showing much growth in North America — and growing slower in China than GM — partly because it lacks the U.S. automaker's extensive model lineup such as large-size sedans, he said.

    Toyota's global sales, including truckmaker Hino Motors Ltd. and Daihatsu Motor Co., which makes small cars, rose 8 percent from 2009, driven by solid sales growth in China and other Asian nations, the Japanese manufacturer said.

    Toyota Motor Corp. dethroned General Motors as the world's No. 1 automaker in worldwide vehicle sales in 2008 — a position GM held for nearly eight decades. Since then, General Motors, now called General Motors Co., was bailed out by the U.S. government and underwent restructuring after a brief period in bankruptcy protection.

    George Hansen, a GM spokesman in Tokyo, played down the importance of Toyota's bigger sales numbers.
    "We don't focus on who is No. 1," he said of the so-called "new GM."
    Still, General Motors achieved double-digit jumps in five of its top 10 markets, including a 28.8 percent increase in China, where it sold 2.35 million vehicles, more than it sold in the U.S.

    Toyota, in contrast, sold just 846,000 vehicles in China.
    GM also marked a 12.4 percent sales rise in Russia and a 10.4 percent rise in Brazil. GM's sales in the U.S. grew 6.3 percent to 2.21 million vehicles.
    Toyota said it was not concerned with beating GM.

    "Our objective is to become No. 1 with the customers," said Toyota spokesman Paul Nolasco.

    He said company was doing its utmost to beef up quality. "We want to be their favorite car manufacturer."
    Toyota, which had thrived on the back of its reputation for quality manufacturing, has suffered a serious image problem since announcing massive recalls in 2009.

    The recalls spanned more than 10 million vehicles around the world for faulty floor mats, sticky gas pedals, software glitches and other defects, but mostly in North America.

    Toyota was the only major automaker to see its North American vehicle sales drop last year compared to the previous year. Other automakers staged a recovery from the global financial crisis.
    Toyota's North American sales last year totaled 1.94 million vehicles, down 2 percent from 2009, with 1.76 million of that total in the U.S.

    Toyota fared better in its home Japanese market, where tax breaks and government incentives for green vehicles kept its Prius gas-electric hybrid sales booming.

    The Prius ranked as Japan's top-selling car in 2010 with annual sales of 315,669 cars, hitting an all-time high for any nameplate and a 51 percent increase from the previous year.

    Toyota's sales in Japan jumped 10 percent last year to 2.20 million vehicles, despite a sluggish economy.
    Toyota's overall overseas sales also held up, expanding 7 percent to 6.21 million vehicles. Toyota vehicle sales jumped 19 percent in China and 24 percent in Asia, excluding Japan, according to Toyota.
    Analysts say making solid profits is more important the sales numbers game. But they also say boosting profits is impossible without sales growth in the auto industry.

    Before the financial crisis and the recall fiasco, Toyota appeared unstoppable and on track to sell perhaps as many as 10 million vehicles around the world a year.

    Toyota has not emphasized a growth strategy as much since the recall mess. It no longer has the annual president's news conference, where global sales targets were announced with fanfare.
    During the recall crisis, Toyota was criticized as being slow in responding, but its image has largely held up outside the U.S.

    In December, Toyota agreed to pay $32.4 million in fines to the U.S. government to settle the investigation into its handling of two recalls. The latest settlement was on top of the $16.4 million fine Toyota paid earlier.
    Last edited by ghosthunter; January 24th, 2011 at 05:41 PM.

  2. Join Date
    Oct 2002
    Posts
    29,354
    #2
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  3. Join Date
    Nov 2005
    Posts
    840
    #3
    Dapat lng sa dami ba naman ng recall at binayaran na fines nila sana makabawi sila

  4. Join Date
    Feb 2008
    Posts
    14,181
    #4
    My prediction this year Toyota will fall to #2 and GM will retake #1... GM is so strong in China while the Japanese are very weak in China... Yung 2010, 30,000 lang difference ng Toyota sa GM, and that's not a lot...

  5. Join Date
    Sep 2008
    Posts
    190
    #5
    Quote Originally Posted by tidus1203 View Post
    My prediction this year Toyota will fall to #2 and GM will retake #1... GM is so strong in China while the Japanese are very weak in China... Yung 2010, 30,000 lang difference ng Toyota sa GM, and that's not a lot...
    Maybe it's also because of historical reasons? Hehe... Milyun-milyon din ang namatay sa kanila dahil sa Japanese noong World War II.

    Anyway, that could be a possibility although GM (sometimes amusingly referred to as "Government Motors") still has to clean up their act if they want to sustain the strong growth. If there's an American automaker that's in the best shape to take on Toyota, it seems to be Ford.

  6. Join Date
    Sep 2010
    Posts
    131
    #6
    i cannot really say that toyota is cheap... but probably because its parts are cheap and readily available... both orig and fake, maybe thats one of the reasons

  7. Join Date
    Mar 2009
    Posts
    21,667
    #7
    Despite the recalls ? Wow.

  8. Join Date
    Feb 2008
    Posts
    14,181
    #8
    Ford (while I like that automaker a lot as well as Hyundai) is the car maker to watch out in terms of profitability. But they have a weak businesses in China in relation to GM, they do recognize that though and is stepping up efforts in China and they even made their Asia Pacific and Africa division HQ in China. But its going to be difficult to make in roads in a market where Volkswagen and GM dominate so much...

    The Japanese will falter in the long run cause they can't penetrate the Chinese market at all, and that is the fastest and currently the largest car market in the world... Japan's car market is shrinking, the US is stagnant... And they are not really that strong in Europe as well...

  9. Join Date
    Sep 2010
    Posts
    420
    #9
    GM is strong bec. they are pioneering electric hybrid cars. China needs to buy them to reverse engineer it so that they can sell plug in electric cars sa green-minded Americans naman

    sa ganitong mutual benefits, wala silang mapapala sa Toyota

  10. Join Date
    Aug 2010
    Posts
    255
    #10
    Why is this in car comparisons?

Toyota sold 8.4M vehicles in 2010 to hold top spot