Kae Inoue and Tetsuya Komatsu, Tokyo
December 19, 2006
TOYOTA, buoyed by demand for fuel-efficient cars, will probably surpass General Motors as the world's biggest car maker next year, ending GM's 80-year reign.
The Toyota group, including affiliates Daihatsu and Hino Motors, will probably produce as many as 9.8 million units next year, according to Yasuhiro Matsumoto, a senior analyst at Shinsei Securities in Tokyo.
Toyota will provide its sales and production outlook for next year on Friday. The group is advancing on the strength of sales in GM's home market. It passed Ford as the world's second-largest car maker in 2003. Last month, Toyota's US sales gained 12.5 per cent, compared with an 8.2 per cent drop for GM.
"We expect the strong markets for Toyota will continue to be North America and China," Tsuyoshi Mochimaru, a senior analyst at Deutsche Securities, said.
The company may lift production by 400,000 cars next year to 9.45 million, the Nihon Keizai newspaper has reported. Toyota declined to comment.
Toyota's sales grew 7.1 per cent to 4.36 million in the year's first half while GM's fell 2.3 per cent to 4.6 million.
GM's advantage, 240,000 units then, was less than half what is was 12 months before.
Kae Inoue and Tetsuya Komatsu, Tokyo
December 19, 2006
TOYOTA, buoyed by demand for fuel-efficient cars, will probably surpass General Motors as the world's biggest car maker next year, ending GM's 80-year reign.
The Toyota group, including affiliates Daihatsu and Hino Motors, will probably produce as many as 9.8 million units next year, according to Yasuhiro Matsumoto, a senior analyst at Shinsei Securities in Tokyo.
Toyota will provide its sales and production outlook for next year on Friday. The group is advancing on the strength of sales in GM's home market. It passed Ford as the world's second-largest car maker in 2003. Last month, Toyota's US sales gained 12.5 per cent, compared with an 8.2 per cent drop for GM.
"We expect the strong markets for Toyota will continue to be North America and China," Tsuyoshi Mochimaru, a senior analyst at Deutsche Securities, said.
The company may lift production by 400,000 cars next year to 9.45 million, the Nihon Keizai newspaper has reported. Toyota declined to comment.
Toyota's sales grew 7.1 per cent to 4.36 million in the year's first half while GM's fell 2.3 per cent to 4.6 million.
GM's advantage, 240,000 units then, was less than half what is was 12 months before.
At a time when fullsize vehicle sales are slow... that sure is a big increase considering GM already sells about 75,000 fullsize trucks a month on average....General Motors (GM) Reports Total November Sales Up 6%, Retail Sales up 11%
12-01-2006 02:10:08 PM
General Motors (NYSE: GM) dealers in the United States sold 297,556 new cars and trucks in November, a 6%increase compared with last year.
Beginning with the 2007 model year in September, retail sales are up 13% and while retail sales for November were up 11% compared to a year ago.
Retail truck sales were up 17%, led by a 29% increase in large pickup retail sales such as Chevy Silverado and GMC Sierra and a 36% increase in luxury utility retail sales, including triple-digit retail increases for the entire Cadillac Escalade lineup.
Ofcourse they will.. What happened to GM/Chrysler in the 1970s/80s?jhbhatia said:...................... but GM will pounce back with good numbers in the coming years (not as good as toyota, but something that will delay the inevitable).
The Toyota pickup is the most ubiquitous vehicle in the world. You can find them, lots of them, in every single country worldwide. It cracked me up a few years ago seeing Ford wanting to develop a "world car". The "world" doesn't need cars. It needs trucks, and you won't find a Silverado or F150 too many places outside North America.Lasse D said:I wonder which brand is the largest in the world. Is it Toyota or are there more Fords? I doubt it's Chevy because GM simply uses too many other brands instead in many places.
ABSOLUTELY !!!Corona67 said:The Toyota pickup is the most ubiquitous vehicle in the world. You can find them, lots of them, in every single country worldwide. It cracked me up a few years ago seeing Ford wanting to develop a "world car". The "world" doesn't need cars. It needs trucks, and you won't find a Silverado or F150 too many places outside North America.
C
This is mostly because the full-size truck is a very "American" product. You won't find many Tundras or Titans outside North America either.Corona67 said:The "world" doesn't need cars. It needs trucks, and you won't find a Silverado or F150 too many places outside North America.C
But you will find the Tacoma/ Hi-Lux!Z28Wilson said:This is mostly because the full-size truck is a very "American" product. You won't find many Tundras or Titans outside North America either.
Wow! What an amazing way to grow up!RAV4EVR said:ABSOLUTELY !!!
I have lived in most parts of the world since my childhood cuz my dad worked for the United Nations and we moved from country to country..... i.e.. Yemen, Lebonan, Somalia, Kenya, Dijbouti, Malaysia, Thailand, Afghanistan, Pakistan, Saudi Arabia, all U.A.E states ..... and the list goes on..... and all I have ever seen is the Toyota pickup trucks... Some Nissan/Datsun and some Mazda's exists but very few.
Fuel Efficient + Durable
You should check out the harsh terrain these trucks have to face in many of these countries. Many of these trucks don't see paved roads for a long time. The place I loved was the Jabl-e-Sabr in Ta'iz, Yemen which is like the highest mountain there and the road SUCKED and it was so much fun driving up there. All rocks. Sometimes dad had a pickup and sometimes the 1977 Land Cruiser. Us kids were bouncing all over the place cuz it was so rocky and our speed was always like ZERO mph... I mean that country has no grass or tress for miles and all rocky mountains.
After coming back to USA, I am still searching for the rocks... where are the rocks? Where are those 1970s/80s Toyota pickups? :lol: Why is eveything paved? :lol:
May be when I retire, I will move to Arizona and the middle of nowhere or something. LOL !
Close to DEATH VALLEY somewhere...
Sorry.. Off topic... Corona67 just touched a button of mine....... :lol:
Don't forget 4Runner/FJCruiser/Prado!84Cressida said:But you will find the Tacoma/ Hi-Lux!![]()
The Prado 3 door is the world's FJ Cruiser basically. The Toyota Harrier (RX330) and the Landcruiser Cygnus (LX470).Corona67 said:Don't forget 4Runner/FJCruiser/Prado!![]()
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(Or Land Cruiser, of course!)
davinp said:Their was an article in yesterday's Post of a Toyota/Chrysler dealer and that they sell allot more Toyota's then Chrysler's
Here is an article from Det News about Toyota projecting to pass GM in 2007
http://www.detnews.com/apps/pbcs.dll/article?AID=/20061222/UPDATE/612220439/1148/rss25
^^ I don't know how many times I have seen people DENY that Toyota hasn't overtaken Ford yet... :lol:Toyota, which passed up Ford Motor Co. as the world's No. 2 automaker in 2003, also painted a bright picture of sales in 2007.