JAPAN: Toyota hits number one
Toyota has reclaimed the world number one spot for vehicle sales as Japan’s big three carmakers set new production records in 2012.
Toyota said it overtook General Motors and Volkswagen last year as combined global automobile sales by the company and two units - Daihatsu and Hino - jumped 22.6% from the previous year to 9,747,762.
According to earlier announcements, GM totalled 9.29m units in 2012, up 3%, while VW recorded 9.07m sales, up 11 %.
North America and emerging markets accounting for much of the sales success for Toyota in 2012 while, in Japan, the group boosted sales thanks to the government's subsidy programme for eco-friendly vehicles.
Toyota slipped to third place in 2011 as production and the supply chain were hit by the earthquake and tsunami in Japan and floods in Thailand.
Japan's top three automakers hit new global production highs in 2012 due to increased demand in North America and Southeast Asian countries.
Toyota produced 8.74m vehicles last year, up 26.1% over 2011 with output in North America up 42.7% to 1.72m units.
Nissan production rose by 5.5% to 4.89m with overseas production up 6.3% to 3.74 m - a record high for a calendar year.
Honda's global output increased 41.3% to 4.11m with production rising in North America thanks to strong sales of its CR-V SUV and the Civic.
All three also reported an increase in domestic sales while exports climbed 24% to 1.95m units at Toyota although Nissan’s decreased 5.8% to 674,580 and Honda's fell 8.7% to 214,562.
Quarterly results season is with is again with some passable numbers from the biggies already in and more to come. As usual, we have grouped the coverage together in one handy spot....
LMC Automotive's service provides customers with the very latest monthly estimates of passenger car production across all of Europe. Updated monthly and provided model-by-model, and available only via...
The Toyota group sold 4.91m units in the first half of 2013, making it the world's top car seller in the period for the second straight year....
General Motors has announced second quarter net income of US$1.2bn, or $0.75 per share. Special items reduced net income by $0.2bn, or $0.09 per share, the automaker noted. This was a $240m "loss on e...
Nissan Motor plans to churn out about 40% more luxury vehicles at its factory in Tochigi Prefecture this fiscal year in anticipation of increased exports to North America....
In one of the biggest automotive recalls in India, US car major General Motors on Wednesday red flagged 114,000 units of its Chevrolet Tavera utility vehicle produced since 2005 for a faulty emissions...
- THE WEEK THAT WAS: Chinese scoop up Pirelli
- ANALYSIS: Depressed Thai market forces rethink
- ANALYSIS: VW Group - success and succession
- VEHICLE ANALYSIS: A new Volkswagen for the fleets
- ANALYSIS: UK supplier industry perks up
- New York show debuts: Lincoln Continental added
- Tata's Jaguar Land Rover announces GBP 600m spend
- Jaguar unveils second generation XF in London
- Jaguar Land Rover announces Whitley R&D expansion
- Car sharing won't replace car ownership - BMW