Toyota Is World's No. 1 Automaker
First Quarter Sales Bypassed GM For The First Time Ever
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he company sign is in the background of a 2007 FJ four-wheel-drive vehicle on the lot at a Toyota dealership in the south Denver suburb of Englewood, Colo., on Sunday, April 22, 2007. (AP Photo/David Zalubowski)
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Toyota shows off the interior of its hybrid vehicle, the Prius, at the Shanghai Auto fair, April 21, 2007. Chinese automakers, staking their claim, are also showcasing gas-electric hybrids and fuel cell models. (AP)
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Toyota sold 2.348 million vehicles worldwide in the January-March quarter, company spokesman Satoshi Yamaguchi said, surpassing the 2.26 million vehicles that GM said it sold during the same period.
The results mark the first time Toyota has beat GM in global sales on a quarterly basis, he said.
While the figures represent only quarterly sales results, they foreshadow a tough challenge for GM as it fights to hold onto its title as world's top automaker - a claim usually staked on annual production figures.
Toyota has been gaining steadily on GM in recent years, and analysts have been saying it is only a matter of time before it eclipses its Detroit-based rival, which has seen its market share shrink in the United States even as it leads sales in China, a market with tremendous potential.
While GM has struggled to shore up earnings with job cuts and plant closures, Toyota has expanded rapidly, thanks partly to the popularity of its fuel-efficient cars.
In 2006, Toyota's global output surged 10 percent to 9.018 million vehicles, while GM produced 9.18 million vehicles worldwide.
© MMVII The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.



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See all 51 CommentsGM has........ ZIP, ZERO, ZILCH, NADA! (for you Monster Garage fans)
Oh but GM has "flex fuel" vehicles! BIG F'ING DEAL! And it doesn't make a tird's worth of difference if you live in states which don't have Ethanol stations (within 1 hour from your friggen house).
As such, Toyota will win by merely creating cars that the public wants. And now, with gas prices soaring everywhere, the public wants more fuel efficient vehicles. As of now, Toyota produces more of those types of vehicles than GM.
The marketshare equation is simple.
........ I will when they (the manufacturers) get their head out of their A$$!
American auto makers need to look to the future,their "glory days" are not just about horsepower anymore!
Posted by mbcsmith
The other side of the coin...
American CEOs are paid roughly twenty-two times more than Japanese CEOs, and six times more than British CEOs (Conyon 2000). But twenty-two times more is a far jump from being just slightly %u201Cover paid.%u201D Executive officers of foreign corporation make between 4% and 27% of the amount earned by the average American executive.
http://www.cab.latech.edu/~mkroll/510_papers/fall_05/Group6.pdf
GM makes crappy cars, bottom line. I just bought an FJ, after looking at the H3 which was $5000 more with less features and poor quality.
So screw 'em. Welcome to the global economy American business, let's see you complete.
Yes, they made some crappy cars over the years. But they are makeing the best cars they have ever made RIGHT NOW! We've had the screws put to us...it hurts. I don't want to watch any more of my friends get laid off.
As far as the unions go....its not thier fault. The German unions are way worse than the US unions and they still make money. And the Toyota workers down south are makeing more than the UAW guys up here! It gonna catch up them too.
Toyota has got this sterling reputation as a bullet proof car maker. But thats all it is....a reputation. The truth is they had a huge number of recalls last year. And for every 300,000 mile Toyota I can point to 300,000 mile Chevy.
Its not that US manufacturers dont know how, they have policy that requires them to give kickbacks to dealerships and fast dollars to stockholders. Why do you think they have spent the last 40 years engineering parts to fail on purpose at specific wear points, and time frames? after warrenties, and dealerships giving hard times to customers, etc.
CEO Roger Smith took down GM in the 80's GM is paying the price today.
When the US Dollar was devaluing against the Japanese Yen, Japanese cars prices escalated, and instead of reorganizing GM to retool and make fuel-efficient cars, he raised the price of GM cars and reaped profits to waste money on unprofitable ventures. He could have re-tooled with the windfalls of cash, but he didn't.
He bought EDS (Ross Perot's old company)Hughes, and many other companies that aren't helping GM today.
Americans have to be able to stop pompass and arrogant CEO's in their destructive tracks.
Greedy CEO's take their companies down and blame others for their failures. We are too stupid to listen and print their comments and quote them on TV. Board of Directors are not reforming as they should.
Globalization will teach us how to find loopholes in other countries....in other words...Learn to speak Chinese.
Each of the Japanese vehicles had only the minor odd items which were easily fixed - speedometer, rusted off manifold bolts, broken caliper, rusted frame section, bad strut, power windows failing, sunroof leak, dash lights out, etc. All between 100,000 and 175,000 miles. each of the foriegn ones over 190k each before I sold them still in good shape, one over 230k.
Same experiences from everyone i know. I know no one (here in michigan) that has any american vehicles over 250k miles except one friend had a Pontiac Grand prix with 400,000 miles.
Toyota came over here in the 80's(thanks Rodger) and we showed them how to do everything! About 7 years ago we went over there copied what they were doing. Toyota is going to surpass GM as the #1 automaker. They are a very effective company. But given time they are gonna run into the same legacy problems that GM is facing. And hopefully they will run into a few bad CEO's also.
But in the mean time we're kicking thier *** with our new products. Time will tell.
read into it as you will...
2005 J.D. Powers survey ranks cars by overall owner satisfaction=
Top vehicles by category
Compact car: MINI Cooper
Entry midsize car: Pontiac G6
Premium midsize car: Kia Amanti
Full-size car: Toyota Avalon
Entry Luxury car: Lexus IS300/IS300 SportCross/Mercedes-Benz C-class
Mid luxury car: Lexus GS300/GS430 (2006)
Premium luxury car: Lexus LS430
Sporty car: Ford Mustang
Premium sports car: Chevrolet Corvette
Midsize pick-up: Honda Ridgeline (2006)
Light-duty full-size pick-up: Cadillac Escalade EXT
Heavy-duty full-size pick-up: GMC Sierra HD
Entry SUV: Kia Sportage
Mid-size SUV: Nissan Murano
Full-size SUV: Nissan Armada
Entry luxury SUV: Lexus RX400h (2006)
Premium luxury SUV: Land Rover Range Rover
Midsize van: Honda Odyssey
Full-size van: Chevrolet Express
2006 IQS Ranking Highlights
Lexus and Toyota models continue to dominate initial quality rankings, capturing 11 out of 19 segment awards in 2006. Lexus models rank highest in every segment in which they compete. In addition, the LS 430 ties the Porsche Cayman for having the fewest quality problems in the industry. Other top-ranking Lexus models include: IS 250/IS 350, ES 330, SC 430, GX 470 and LX 470.
Toyota remains a quality benchmark, capturing five model-level awards%u2014for the Corolla, Solara, Camry, Highlander and Sequoia%u2014more than any other non-luxury brand.
Porsche and Lexus lead the luxury brands, while Hyundai, Toyota and Honda set the pace among non-luxury brands.
J.D. Power and Associates Reports:
Lexus Ranks Highest in Vehicle Dependability
For Sixth Consecutive Year
Certified Used Vehicles Outperform Other Used Vehicles In Vehicle Dependability Study
The 2000 study includes responses from 28,415 original owners and owners who purchased used 1996 model-year vehicles.
FOR IMMEDIATE RELEASE: November 2, 2000
AGOURA HILLS, Calif.%u2014Lexus ranks highest in long-term dependability for the 6th consecutive year, with less than half the vehicle problems than average - according to the J.D. Power and Associates 2000 Vehicle Dependability Study. Following Lexus in the ranking is sports car manufacturer Porsche, with Infiniti, Toyota & Acura, respectively, rounding out the top 5. Only 3 non-luxury makes are in the top 10 Toyota, Honda and Buick.
Cadillac finished 11th, Olds finished 13th, Saturn 16th, and Ford, 21st.
*Finishing below industry Average in Alphebetical order are: Chevrolet, Chrysler, Dodge, Eagle, GMC, Hyundai, Isuzu, Jeep, Kia, Land Rover, Mitsubishi, Plymouth, Pontiac, Saab, Suzuki, Volvo, and Volkswagon.
In Initial Vehicle Quality
FOR IMMEDIATE RELEASE: May 8, 2003
WESTLAKE VILLAGE, Calif.%u2014The initial quality level of vehicles produced at plants in Mexico and exported to the United States has surpassed that of vehicles manufactured at U.S. plants, according to the J.D. Power and Associates 2003 Initial Quality StudySM (IQS) released this week.
~~~
J.D. Power and Associates Reports: TOYOTA Motor Sales Captures Top Corporate Ranking in Vehicle Dependability
FOR IMMEDIATE RELEASE: June 29, 2004
WESTLAKE VILLAGE, Calif.%u2014With 7 models topping their vehicle segments & Lexus ranking highest among nameplates, Toyota Motor Sales, USA. captures the top corporate ranking in the J.D. Power and Associates 2004 Vehicle Dependability StudySM.
Besides - you ask me, and I couldn't care less about initial quality surveys. I EXPECT a car to do well out the gate! If it doesn't it IS a piece of ***! Where it counts is how that car does 5 years down the road. My SC400 is a '93 and still purrs like a kitten baby!
Posted by lawandorder6 at 01:25 PM : Apr 24, 2007
Well I glad to hear the management had nothing to do with it.
Or the fact that health care cost in the US are double what they are in every other industrialized country.
Besides many of the "foreign" cars being sold in the US are actually built here with American labor and the Big Three are all just as international as the Japanese are. There are no more American made vs foreign made cars sales any longer. All of the companies are worldwide.
The elite power structure of America focused on Short Term Greed. Long Term Greed was beyond their little minds. They couldn't/can't see quite further than the next quarterly statement.
Then GM wonders why it looses customers like me.
BSTs (SUVs) are cheap to make and can be sold for a huge mark up.
If Americans ever decide they want something more sophisticated than a pickup truck with gadgets on the inside, the American auto manufacturers will be out of business.
Of course it IS made in Japan by Suzuki.
at 50+ MPG I could drive around the world for just $500 .. with air conditioning !!
I can get 55 to 60 if i milk it. i'll probably start doing that if gas goes to $4.00 a gallon.
What a great car! We have 190,000 miles on ours and it and it still shines like the gem that it is. It probably won't become a classic though because to many 96-99 Maximas are still around and still looking like new. This car won't die - ever!
Its funny, all these auto companies now buy all thier parts from the same people. Globalization has almost run its course in this industry. And its probably going to be the thing that saves GM. They can now buy the cheap components from South Korea and China just like Toyota does. So these cars are a collection of pieces.....and all the pieces come from the same suppliers....they are really not that different. Now mind you, this is a recent development. But the benifits of globalization are now starting to take shape for GM.
Engineers for American car companies have been made the slaves of the company accountants and forced to compromise good design with cheap materials and poor quick design decisions. Unfortunately the accountants were only counting their dollars in the short term, and now the American car companies are paying the price. They brought it on themselves. As well, the Toyota plant in Kentucky is known for being a great place to work with excellent incentives and benefits packages for its workers...sounds like the American work force 30 years ago...
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