Winnipeg Free Press - PRINT EDITION
Toyota rules auto world again
TOKYO -- Now it's official: Toyota is once again the world's top automaker.
Toyota Motor Corp. released its tally Monday for global vehicle sales for last year at a record 9.748 million vehicles -- a bigger number than the estimate it gave last month of about 9.7 million vehicles.
It was already clear Toyota had dethroned General Motors Co. as the Detroit-based automaker fell short, selling 9.29 million vehicles.
GM had been the top-selling automaker for more than seven decades before losing the title to Toyota in 2008.
GM retook the sales crown in 2011, when Toyota's production was hurt by the quake and tsunami in northeastern Japan. The latest results show Toyota's powerful comeback.
Global vehicle sales for the maker of the Camry sedan, Prius hybrid and Lexus luxury model surged nearly 23 per cent from the previous year. Overseas sales jumped 19 per cent, while sales in Japan, where the economy has been troubled, recovered a whopping 35 per cent.
Volkswagen AG of Germany, the world's No. 3 automaker, sold a record 9.1 million vehicles around the world.
All three automakers play down the significance of the sales ranking and say they are focused on making attractive products.
"Rather than going after numbers, we hope to make fine products, one by one, to keep out customers satisfied. The numbers are just a result of our policy. And our policy will continue unchanged," said Toyota spokeswoman Shino Yamada.
Still, the recovery for Toyota is impressive. Like other Japanese automakers, Toyota's production was devastated by the March 2011 disasters, which disrupted supplies of crucial components. Flooding in Thailand, where Toyota has factories, also hurt car production.
Before that, it struggled against a crisis of massive recalls in the U.S. over defective floor mats, gas pedals and brakes, involving millions of vehicles, some recalled over and over, that hurt its reputation for quality.
Toyota officials have vowed to scrutinize quality and have held back product development to minimize recalls.
From the middle of last year, it was hit by another kind of problem -- a widespread boycott of Japanese products, including Toyota cars, in China over a territorial dispute.
But sales growth in other parts of the world, including the U.S. and Asian nations such as Indonesia and India, was more than enough to offset such losses.
Toyota is planning to sell 9.91 million vehicles globally in 2013, putting it back on track toward its earlier goal of 10 million vehicles.
-- The Associated Press
Republished from the Winnipeg Free Press print edition January 29, 2013 B7
Fact Check
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
More Business
- Back to Top
- Return to Business
More Business
(1 of 15 articles for today)
Price of oil falls below $97 a barrel after Federal Reserve says stimulus pullback likely
4:11 AM 0BANGKOK - Oil prices fell Thursday, a day after the Federal Reserve indicated it could begin to wind down its ...
Poll
Most Popular Business
- Consumers buy new, cheaper cameras instead of fixing existing ones
- Shark Club opens in citiplace
- Hudson's Bay says it's not just a retailer, but a hangout for shoppers
- McMunn & Yates absorbs five McDiarmid locations
- Prairie Pulp & Paper gets foothold in U.S.
- Bank of Canada will raise overnight interest rate in July 2014: BMO economist
- Daycare-subsidy rules bad for business
- Mountain Equipment Co-op unveils new logo, name to appeal to urban customers
- Oil falls as Fed's brighter outlook signals a possible unwinding of stimulus
- Men's Wearhouse fires chairman who told millions 'You're going to like the way you look'
- Shark Club opens in citiplace
- McMunn & Yates absorbs five McDiarmid locations
- Consumers buy new, cheaper cameras instead of fixing existing ones
- Aircraft maintenance engineer taking off
- Daycare-subsidy rules bad for business
- St. Vital Centre's energy savings help managers snag BOMA awards
- Toronto condo market poses economic risk to Canada
- Google unveils Internet beaming balloons launched into stratosphere
- Cutting edge, made-in-Manitoba tech finds buyer -- in Manitoba
- MTS, Rogers extend LTE deal
- New owner for lumber stores
- Earls Pembina says goodbye after 18 years
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Grove Pub to take over former home of Papa George's
- New rules let customers cancel phone contracts without penalty after two years
- Shark Club opens in citiplace
- McMunn & Yates absorbs five McDiarmid locations
- MTS to sell Allstream to Egyptian investment group, focus on Manitoba market
- Where is easy street? Survey of city's richest routes may surprise
- Custom-made suits no longer just for the ultra-wealthy
- Prairie Pulp & Paper gets foothold in U.S.
- Consumers buy new, cheaper cameras instead of fixing existing ones
- McMunn & Yates absorbs five McDiarmid locations
- Shark Club opens in citiplace
- Albertans look to U.S. for pipelines counsel
- Study: Wiser medication use could save US $213 billion a year in avoidable health care costs
- Balancing today with tomorrow
- The $2-million question
- AP Exclusive: Inspections show more Bangladesh garment factories poorly planned and built
- Toronto condo market poses economic risk to Canada
- McMunn & Yates absorbs five McDiarmid locations
- Prairie Pulp & Paper gets foothold in U.S.
- Consumers buy new, cheaper cameras instead of fixing existing ones
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Toronto condo market poses economic risk to Canada
- Cutting edge, made-in-Manitoba tech finds buyer -- in Manitoba
- Accounting merger adds and subtracts
- Google unveils Internet beaming balloons launched into stratosphere
- Warren Buffett -- Winnipeg-style
- Daycare-subsidy rules bad for business
- New owner for lumber stores
- Snowbirds: It's that time of year again
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Custom-made suits no longer just for the ultra-wealthy
- New rules let customers cancel phone contracts without penalty after two years
- Where is easy street? Survey of city's richest routes may surprise
- Value Partners cracks $1-B mark in assets
- McMunn & Yates absorbs five McDiarmid locations
- MTS to sell Allstream to Egyptian investment group, focus on Manitoba market
- Manitoba Movers
Ads by Google










You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
Have Your Say
Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?
Login SubscribeHave Your Say
Comments are open to Winnipeg Free Press Subscribers only. why?
SubscribeThe Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.