Friday, October 26, 2012

Toyota Still Far Ahead Of GM, But Slowing Down

 

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
Toyota 7,681,891 5,583,328 37.6% 10,243,000
GM 7,224,000 7,091,000 1.9% 9,632,000
Volkswagen 6,710,000 6,110,000 9.8% 8,947,000
Black: Company data. Blue: Projection, based on last
available
Toyota, GM: Production. VW: Deliveries. Forecast by
TTAC

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.

GM's numbers in the table are projections. New data will become available with the 3Q report within an few days. We will update our tally when we have the numbers.



from The Truth About Cars http://www.thetruthaboutcars.com




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