MAN is now officially part of the Volkswagen empire. MAN stockholders approved a profit and loss transfer agreement that “ends MAN’s autonomy,” as Automobilwoche [sub] reports.
A bit kinkily, that agreement is called a “domination” agreement in Germany. It defines a corporate power exchange. (Read More…)
Toyota released global production numbers for the first quarter of 2013 today, which gives us a chance to officially initiate our 2013 tracking of the World’s Largest Automakers, based on hard data. Having made 2.5 million units in the first three months, Toyota maintains its lead over runner-up GM and third-place Volkswagen, however, the field is tight. (Read More…)
Toyota will make in the neighborhood of 10 million units this year, but plans on a big push for 2014 that will propel it way beyond the 10 million mark. (Read More…)
As usual at this time of the month, Toyota released full month sales and production figures for the preceding month, and as usual in January, the numbers are for the full calendar year. Readers of TTAC will not be surprised by the data, a look forward into 2013 however can get quite exciting. Or unnerving. The podium of the World’s Largest Automakers promises to be in disarray in 2013. (Read More…)
At the sidelines of the Detroit Motor Show, GM conceded what we had said all along: Toyota is the world’s largest Automaker again, with GM in #2, and – surprise – Volkswagen right behind GM.
We have been saying it since May, but it took Bloomberg (along with the rest of the copypasting media) until a few days ago to realize that GM’s reign as the World’s Largest Automaker is coming to an end. GM regained the title in 2011 from a tsunami-ravaged Toyota. Toyota has been bouncing back strongly ever since. Toyota’s worldwide production is up 30 percent for the year, while GM was seen treading water when they last published global numbers in October. (Read More…)
A few weeks ago, Toyota’s CFO Satoshi Ozawa told an astounded press corps (and I paraphrase for brevity): “Sure, the riots in China have an effect, but we’ll make it up elsewhere in the world.” Today, we have the data that prove Ozawa-san right. What’s more, he could have spoken for all his Japanese peers. Yes, the boycott of Japanese cars in China caused drastic cutbacks at large Japanese automakers. However, all are doing so gulpingly well elsewhere that a buyer strike in the world’s largest car market turns into nothing more than a hiccup. (Read More…)
Cratering China sales due to the islands row made Toyota revise its production targets. Worldwide production by the Toyota Group including Daihatsu and Hino “now looks likely to reach around 9.8 million units to 9.9 million units for the calendar year instead of the currently projected 10.05 million units,” The Nikkei [sub] says.
TTAC maintains its long-held forecast that Toyota will regain the title of world’s largest automaker by the end the year, with a combined group production of around 10 million units. This trend was confirmed today by TMC’s announcement of August 2012 data. The race will tighten up, but not because of huge sales gains by runner-ups GM and Volkswagen. Policy decisions in Tokyo and Beijing will likely cause Toyota to slow down. (Read More…)
Japan’s automakers released global production and sales data for July today. It is an ancient Japanese tradition, which is also shared by large European carmakers, but shunned by most American globals. GM for instance reports only quarterly on a global basis, and keeps observers guessing in between. July data released by Japanese large automakers shows a strong rebound after last year’s multiple disasters. Honda looks especially strong, while Toyota’s march towards regaining the title “World’s largest automaker 2012” appears unstoppable. (Read More…)
Toyota today published its revised production and sales plan for the calendar year 2012. The plan calls for slightly more than 10 million units produced globally by all Toyota Motor Corporation companies. If this plan is executed, Toyota will be the world’s first automaker to break the 10 million unit sound barrier. Based on its half year results, Toyota was already above plan before the plan was published. (Read More…)
Yesterday, we did one of our regular checks on the World’s Largest Automakers. Today, finally some good news for the GM camp: TTAC is up-revising its year-end projection for GM by some 300,000 units. Here is why: (Read More…)
PonchoIndian - jimbob457 all the car companies have done this at one time or another. Would you not buy a Porsche Cayman because it doesn’t get the more...
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PonchoIndian - jimbob457 all the car companies have done this at one time or another. Would you not buy a Porsche Cayman because it doesn’t get the more...
Lorenzo - But Al Gore bought indulgences, er, carbon credits to offset his carbon footprint. He owns the company he bought the...
J.Emerson - @wsn: The opinions of both Mr. Schmitt and Mr. Gore are completely irrelevant to the realities of global warming and...
LALoser - I remember a couple years ago people complaining about cars sharing too much below the skin. “This expensive XX is really a cheap X in a...
Beerboy12 - I need a small, economical, spacious vehicle for weekend activities. Now if I could have that with a diesel.
28-Cars-Later - I wasn’t aware of the Viper “move”, thx for the info. Funny Dodge has seemingly become two...
Lorenzo - What about the mysterious middle-eastern lady?
genuineleather - The Viper is already under the SRT brand; the next-gen Challenger will follow. Trucks, the biggest,...
Beerboy12 - Two thinn pillars that you can see past… Not two fat ones.
28-Cars-Later - Maybe, maybe not. I still argue the guy got to close to something and was considered a liability. In...