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Discussion Starter · #1 ·
Re: Toyota, GM and Ford differences

"Mike Hunter" <[email protected]>
> What makes you believe that? GM sells far more cars than Toyota, somebody
> must like the cars they sell. Same with trucks and SUVs. GM sells more of
> those in two months than Toyota sells in a year. Toyota make good
> vehicles
> but apparently a lot of buyer prefer something other than a Toyota since
> the
> only sell around 10% of all the vehicles sold in the US ;)
> mike hunt

General Motors' fortunes continued on a reverse gear in December, taking
sales down 10.2 percent year-on-year.
Toyota saw revenues from US operations growing 8.2 percent.
Likewise, rivals Ford and DaimlerChrysler weren't better off either, seeing
December sales decline 8.7 percent and 2 percent respectively.

On comparing annual revenues, both the US leaders GM and Ford were seen down
4.4 percent and 4.7 percent respectively. Chrysler was the only US car maker
to have reported 4.5 percent higher full year sales. Toyota, Nissan and
Honda also reported annual sales rising 9.7 percent, 9.2 percent and 4.9
percent respectively.

When comparing the groups, the Asian car makers had collectively 36.5
percent of the US car market, while the share of US car makers declined to
57 percent.

Last month, Toyota had announced it would build more than 9 million vehicles
in 2006 following growing global demand. It also plans to increase
production capacity by 10 percent in 2006, taking output to a level that
will make it bigger than the current giant GM.
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