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June 16, 2003

UK: Toyota gets close to No. 2 Ford in global race

Toyota is poised to become the world’s second-biggest vehicle manufacturer after dramatically closing the gap with Ford in 2002. According to Automotive News Europe’s latest Global Market Data Book, Toyota built 6,309,616 vehicles last year, up 7.9% from 5,848,094 units in 2001. Ford production declined 0.5% from 7,008,000 vehicles in 2001 to 6,973,000 last year.

By bcusack

Toyota is poised to become the world’s second-biggest vehicle manufacturer after dramatically closing the gap with Ford in 2002. According to Automotive News Europe’s latest Global Market Data Book, Toyota built 6,309,616 vehicles last year, up 7.9% from 5,848,094 units in 2001. Ford production declined 0.5% from 7,008,000 vehicles in 2001 to 6,973,000 last year.

There were some significant changes in the rankings. Hyundai overtook Honda to claim the No. 7 position. The Korean carmaker built 2,913,726 vehicles last year (up 15.7%) against Honda’s 2,900,787 (up 9.4%). Hyundai also passed Honda in the global vehicle sales chart.

Renault moved up from No. 11 to No. 10 in the production rankings, displacing Fiat group. Renault made 2,343,954 vehicles in 2002, marginally fewer than the preceding year. But vehicle production at Fiat group dropped 9.7% to 2,159,936 units.

Two other Japanese carmakers posted sharp rises in global production. Both Mitsubishi (No. 12; 1,822,644 units; up 9.3%) and Suzuki (No. 13; 1,798,089 units; up 11%) are rapidly catching up with Fiat group.

Meanwhile, if Renault and Nissan’s production totals are combined, the alliance partners displace Volkswagen as the world’s No. 4 vehicle producer, with 5,034,249 units versus VW’s 5,023,264. On its own, Nissan was No. 9 last year, the same as in 2001.

General Motors remained the world’s top vehicle producer with 8,276,000 units.

The production totals include minivehicles; passenger cars; light, medium and heavy commercial vehicles and buses; and vehicles built for sale by other manufacturers.

Germany’s Robert Bosch consolidated its position as the No. 2 global OEM parts supplier, behind Delphi. Bosch’s 2002 sales of $19.1 billion (E16.2 billion) trailed Delphi’s $25.5 billion.

But in the European supplier rankings, Delphi dropped from fourth to seventh position, behind ZF Friedrichshafen, Johnson Controls, Valeo, Siemens VDO Automotive, Faurecia and Robert Bosch at the top.

Elsewhere in the global supplier list, Japan’s Aisin Seiki moved from No. 10 to No. 8, displacing US supplier TRW, which went in the opposite direction.

France’s Valeo moved up one place, from No. 12 to No. 11, and Germany’s Siemens VDO Automotive climbed two places, from No. 14 to No. 12.

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