3 Views
G.M. Back On Top In The Sales Race, Volkswagen Second
by
Derek Kreindler
(IC: employee)
Published: January 19th, 2012
Share
General Motors reclaimed the worldwide sales crown in 2011, as sales growth and a crippled Toyota helped the General climb back to the top.
General Motors sold 9,025,942 worldwide in 2011, a 7.6 percent gain. Volkswagen was second with 8,156,000 million units, a 14 percent gain. Toyota ranked third, though exact figures have yet to be released. Estimated peg Toyota sales at 7.9 million units, a 6 percent drop. Toyota sales were no doubt impacted by March 2011’s earthquake and tsunami in Japan. With Toyota back at full production capacity, 2012 should see increased competition, with Volkswagen still trying to snatch the overall sales crown.
Derek Kreindler
More by Derek Kreindler
Published January 19th, 2012 3:15 PM
Comments
Join the conversation
Good deal! Now let's see GM pay back some of those bail-out bucks to we, the people.
A Fiat of earthquake is all. Despite the Thai flooding, Toyota should be back at GM's heels again by the end of 2012.
From the NYTimes..."G.M., whose sales figures include its joint ventures in China," From my perspective, each one of those joint venture car sales doesn't count as a whole car. They're only 49 percent of the car. So I can't imagine the gross profit on a $4000 Wuling that is 49 percent GM is going to be much larger than the gross profit of an appetizer platter for eight at P.F. Chang's.
Ah, the good ol' annual BIG-ANVS (Best International Group - Automotive New Vehicle Sales) Award winner. Congratulations to GM for being this year's BIG-ANVS!