|September Production and Full Year Forecast|
|9M ’12||9M ’11||YoY||Proj ’12|
|Black: Company data. Toyota, GM: Production. VW: Deliveries. Forecast by TTAC|
With GM’s third quarter release also and finally came the long-awaited global production numbers for the first nine months. We need production, because the race for the world’s largest automaker is decided by how many cars are made, not by how many are sold.
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Plugging the data into our spreadsheet, the race appears to be pretty much decided. As mentioned before, Toyota’s numbers will probably be less than what the current projection says as China is taking its toll. The current indications are a little bit less than 10 million for Toyota.