• 61°

Toyota retakes global auto sales crown from GM

DETROIT (AP) — Toyota has once again dethroned General Motors as the world’s top-selling automaker.
The Japanese company sold 9.7 million cars and trucks worldwide in 2012, although it’s still counting. GM sold 9.29 million.
Both companies saw higher sales, but Toyota’s growth was far larger as it rolled out new versions of popular models like the Camry. GM executives promised sales growth this year, especially in the U.S. Both companies say publicly that they don’t care about who wins, but concede that the crown is an important morale booster for employees.
GM was the top-selling carmaker for more than seven decades before losing the title to Toyota in 2008. But GM retook the sales crown in 2011 when Toyota’s factories were slowed by an earthquake and tsunami in Japan. The disaster left Toyota dealers with few cars to sell. The company has since recovered.
Toyota’s comeback from the earthquake, and flooding in Thailand, is only part of the story, says Jeff Schuster, senior vice president of forecasting for LMC Automotive, a Detroit-area industry forecasting firm. The company also has freshened up its stale midsize sedan, the Camry, the top-selling car in the United States.
GM’s global sales rose 2.9 percent last year, it announced Monday at the North American International Auto Show in Detroit. Toyota sales rose 22 percent.
Schuster expects Toyota to keep the lead over GM this year as it launches a new Corolla.
“I think that’s going to be enough to keep them in their position,” he says.
GM is also contending with a stronger Volkswagen. It narrowly edged out the fast-growing German company for second place in 2012. VW sold a record 9.1 million vehicles.
Volkswagen, with big sellers like the Passat midsize sedan and Jetta compact, closed in on GM with an 11 percent sales increase across the globe. The United States, where VW Group sales rose 34 percent, led the way.
Schuster expects GM to hold off Volkswagen in 2013. That’s because VW has more of a presence in Europe, where sales are falling as the region struggles with high unemployment and weak economies.

Comments

Comments closed.

Crime

Blotter: Bullet holes found in woman’s Park Avenue apartment

Crime

Man faces assault charges for domestic incident

High School

Photo gallery: Carson girls win West Regional, headed to state championship

High School

High school basketball: Carson girls headed to state championship game

Local

Commissioners set date for public hearing on potential solar energy system rule changes

Health

Two of Rep. Sasser’s bills successfully pass through Health Committee

Local

Rep. Warren’s measure to allow removal of public notices from newspapers put on back burner

China Grove

China Grove Town Council weighs future of previously rejected housing development

Local

Salisbury City Council hears public comments, receives presentation on Main Street reconfiguration

Crime

Blotter: Man charged with felony drug offenses

Nation/World

California crash kills 13 of 25 people crammed into SUV

Nation/World

Biden vows enough vaccines by end of May

Coronavirus

State to vaccinate medically vulnerable starting March 24

Coronavirus

One new death, 20 new COVID-19 positives reported in Rowan

Kannapolis

Kannapolis man dies in moped crash

Crime

Salisbury Police chief addresses K-9 video, says officer separated from animal

Local

Rowan Rescue Squad sets record straight on fundraising typo

Local

City approves DOT agreement, Salisbury Station project could begin next year

Local

County plans to use vulture effigy, enforce violations to remedy animal carcass feeding problem

Education

Two weeks after ending enhanced protocols, Catawba has no COVID-19 cases

News

Council to hear revised version of Downtown Main Street Plan

Local

Veto override of NC school reopening bill fails in Senate

News

Political Notebook: Majority of likely voters, local legislators support school reopening bill

Coronavirus

COVID-19 vaccinations in Rowan top positives since start of pandemic