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Latest findings : Toyota actually overtook GM in sales last year ?

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Old 06-12-07 | 07:06 AM
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Default Latest findings : Toyota actually overtook GM in sales last year ?

Toyota overtook GM in sales last year

Posted on Tuesday 12 June 2007


Latest findings show that Toyota actually surpassed General Motors in the global sales race last year with a lead of roughly 128,000 vehicles. There had been rumors that Toyota had in fact understated its figures so as to avoid a backlash from American consumers but this latest report goes some way towards disproving the theory.

Data compiled by Automotive News reveal that for its sales tally, GM counted vehicles produced by subsidiaries that it only had a minority stake in. These included the seven-seat microvan and other vehicles manufactured by China’s Shanghai Auto and Liuzhou Wuling Auto.

When allocating these production numbers to 51% owner SAIC, GM’s sales tally for 2006 stands at 8,679,860 units versus Toyota’s 8,808,000. Other brands that are counted in Toyota’s figures include Daihatsu and Hino, while GM’s tally compromises more than a dozen brands including Opel and Saab as well as America’s Chevrolet and Buick.

Toyota is once again on the path to being number one for this year as well. Its current sales projection stands at 9.34 million units versus 9.2 million vehicles for GM.
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Old 06-12-07 | 07:59 AM
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Congrats to Toyota, but it seems like they don't care for that title
Old 06-12-07 | 07:59 AM
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I'd be curious to see the combined total number of vehicles produced by all mfg's for last year. It must be well over 20 million. I still think it's baffling that the world has a need for that many new vehicles every year.

Originally Posted by xioix
Congrats to Toyota, but it seems like they don't care for that title
Sorry, but that makes no sense. If they didn't want the title, they wouldn't be producing 8+ Million cars every year.
Old 06-12-07 | 08:03 AM
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Originally Posted by ff_
Sorry, but that makes no sense. If they didn't want the title, they wouldn't be producing 8+ Million cars every year.
They want the PROFITS from the increasing sales, not necessarily the "title" . . .
Old 06-12-07 | 08:08 AM
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Originally Posted by Robarapta
They want the PROFITS from the increasing sales, not necessarily the "title" . . .
I don't know that I agree with that. It's not like Toyota is being timid or shy about taking over the automotive industry.
Old 06-12-07 | 08:18 AM
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toyo has said if they start calling themselves #1 it looks cocky/arrogant and your products suffer with that attitude
Old 06-12-07 | 08:20 AM
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Why should they (or any manufacturer within their abilities) be shy about trying to take over the industry in practice, everybody try to win, but that doesn't mean they want the "title". Toyota are always wary of the backlash which they have experienced before & tries to be as low key as possible in what they say in public.
Old 06-12-07 | 08:38 AM
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I guess that's kind of my point. They may not want to strut around like cocky [you know what], and that's admirable, but they do want the title. The upper management wouldn't be doing their jobs if they weren't aspiring to be #1.
Old 06-12-07 | 02:26 PM
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Shame on GM for the inappropriate accounting of sales. And congrats to Toyota, even if they appear not to care.
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