Toyota today announced global production data for September. Worldwide production for Toyota, Daihatsu and Hino was down 5.8 percent in September, which saw Chinese factories closed and sales boycotted. January through September, global production is up 37.6 percent to 7,681,891 units.
|September Production and Full Year Forecast|
|9M ’12||9M ’11||YoY||Proj ’12|
|Based on 3Q company data.|
|Toyota: Production. GM: Sales. VW: Deliveries. Forecast by TTAC|
Late Friday, GM spokesman Jim Cain said that his company sold 6.95 million units globally in the 9 months through September, In accordance with OICA methodology, we want the production number, which is used to determine company size. The number will become available with the 3Q report within an few days. We will update our tally when we have the numbers.
In our year-end projection, it looks as if Toyota could still break the 10 million unit barrier. However, with the recent production adjustments, it looks like Toyota will end the year a few units short of 10 millions, but still as the world’s largest carmaker. Speaking of which, OICA, the global umbrella organization of the auto business still hasn’t updated its 2011 rankings.