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Posts Tagged ‘toyota sales’

GM Remains in Tight Race for Global Sales Leadership

VW holds tiny lead, but Toyota has yet to weigh in.

by on Jul.17, 2014

GM is hoping new product - such as the Chevy Colorado, shown here with product chief Mark Reuss - will help it regain global sales leadership.

Despite recalling millions of vehicles and watching billions of dollars in new legal claims pile up during the first half of the year, General Motors is still in a relatively close race for global sales leadership with rivals Volkswagen and Toyota.

GM has reported selling 2.5 million vehicles around the world during the second quarter of 2014, with year-over-year sales in the United States and China, the company’s two largest markets, growing by  7% and 8%, respectively. Globally, GM’s total sales were up 0.5% for the second quarter. In the first half, GM sold 4,921,928 vehicles, up 1.4%.

Stay in the Race!

Volkswagen AG, thanks to strong sales in China and a solid performance in Europe as well as gains by Audi and Porsche, held a whisker-thin lead with sales of 4.97 million vehicles worldwide during the first half of the year. VW is actively targeting global sales leadership – but the race likely won’t be determined until later this month when Toyota Motor Co. weighs in with its own figures.

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New Car Sales Soar in May

Ford defies expert predictions with small sales increase.

by on Jun.03, 2014

Jeep Wranger saw its best May sales ever last month. The Jeep brand overall was up 58% during the period.

Buoyed by fantastic weather and a fifth weekend for dealers to move metal, new vehicle sales during demonstrated renewed strength in May.

Those factors helped Jeep post its best monthly sales in history and led General Motors to predict it would gain marketshare this year.

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General Motors, Ford, Chrysler, Nissan, Toyota, Hyundai and Audi all reported increased sales during May. (more…)

Toyota Delivers Record Earnings, Sales

But maker warns earnings could dip slightly in year ahead.

by on May.08, 2014

Strong demand for new models, such as the redesigned Corolla, helped Toyota top 10 million sales.

Even after paying a $1.2 billion settlement to the U.S. Justice Department to settle a safety dispute, Toyota Motor Co. wrapped up its fiscal year with record annual profits and sales, Toyota becoming the world’s first maker to ever sell 10 million vehicles in a 12-month period.

But the Japanese giant also warned today that earnings for the year ahead will likely slip slightly as momentum from a weak yen begins to fade. The maker could also feel the impact of an increase in the sales tax in Japan where it overwhelmingly dominates the market.

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For the full fiscal year that ended on March 31st, Toyota delivered net profits of 1.82 trillion yen, or $17.9 billion at current exchange rates. That was nearly double the 962 billion yen it earned the year before. Annual sales, meanwhile, increased 16%, to 25.69 trillion yen, or $252 billion.

Notably, Toyota moved 10.13 million vehicles during the fiscal year, the first automaker ever to achieve that goal – and something it may achieve during the 2014 calendar year, as well, if it hits its targets.

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Automakers Enjoy April Sales Shower

GM, Chrysler, Toyota, Nissan all see sales spikes.

by on May.01, 2014

GM rode strong truck sales to a 7 percent sales increase in April.

After going through the big chill this past winter, automakers entered a spring thaw in April, makers reporting some of the strongest sales results they’ve seen in months.

Industry analysts suggest a variety of factors may be working in the industry’s favor. For one thing, April marked the start of the traditional automotive buying season, likely getting a bit of a nudge as motorists snowed in by the Polar Vortex finally headed for showrooms.

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Key automakers, including Nissan and Chrysler, even a General Motors battered by recalls, posted sales gains for the month. And though Ford did report a modest 1% decline, Toyota is reporting a 13.3% increase. (more…)

Despite Prolonged Winter Sales Bounce Back

FCA, Ford, Toyota, Nissan all report gains.

by on Apr.01, 2014

Ford's F-Series helped the automaker to a 3% sales increase in March.

New car and trucks sales rebounded from a February dip led by some perennial sales “all-stars,” such as the Dodge Ram, Ford F-Series and Nissan Altima.

The seasonally adjusted annual sales rate is expected to come in at 15.8 million units, which is an increase of February’s rate of 15.3 million units. General Motors, which normally reports sales in the morning failed to do so due to a computer error, is expected to post its results by the end of the day today.

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Fiat Chrysler, Ford, Toyota and Nissan all reported sales gains for the month due to the strong sales of trucks and sport utility vehicles. Both Chrysler and Ford beat expectations. (more…)

US Car Sales on the Rise in March

FCA, Ford, Toyota, Nissan all report gains.

by on Apr.01, 2014

FCA's Ram pickup enjoyed its best March sales total in 10 years.

Sales of new vehicles, stalled by bitter winter weather, showed signs of recovery during March as both Fiat Chrysler, Ford, Toyota and Nissan all reported sales gains for the month due to the strong sales of trucks and sport utility vehicles.

Both Chrysler and Ford beat expectations. General Motors delayed release to their monthly sales totals due to a technical problem.

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“We are entering the spring selling season on a high note as our Jeep and Fiat brands recorded their best sales months ever and Chrysler Group extended its streak in March to 48 consecutive months of year-over-year sales increases,” said Reid Bigland, head of U.S. Sales. “Our Ram pickup truck posted its best March sales in 10 years.” (more…)

Altima Takes Car Sales Lead from Camry in February

Nissan, Chrysler enjoy strong sales due to SUVs.

by on Mar.03, 2014

The Nissan Altima took over the car sales lead in February outselling Toyota Camry and Honda Accord.

The cold February weather that settled across the nation set the stage for something of a revolution in showrooms across the country as the Nissan Altima replaced the Toyota Camry and Honda Accord as the best-selling passenger car in the U.S.

The final sales totals for the month of February showed Nissan selling a total of 30,849 Altimas, an increase of 11.3%. Sales of the Toyota Camry, the most popular car in America for more than a decade, fell 7.3% to 28,998 units, while sales of the Honda Accord fell 12% to 24,622.

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The decline in sales of the Camry and Accord also undercut the overall sales results for Toyota and Honda. Toyota sales slipped 4.3% despite and Honda’s fell 7% despite strong utility vehicle sales for both makers. (more…)

February Brings Automakers Mixed Sales Results

GM, Ford, Toyota, VW slump, while FCA, Nissan rise.

by on Mar.03, 2014

Jeep sales were up 47% in February, helping FCA to an double-digit jump overall for the month.

The chill of a cold February spread to new vehicle sales, but makers increased incentives to try to heat up sales in the second half of the month, setting the stage for stronger sales heading into the spring selling season.

General Motors, Ford, Toyota and Volkswagen all reported sales declines for February as inclement weather over much of the country reduced showroom traffic.

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However, Fiat Chrysler Automobiles (FCA), Porsche and Nissan posted double-digit sales increases thanks to strong sales of sport utility vehicles. FCA’s Chrysler Group posted an 11% increase compared, while Nissan said sales increased 15%. (more…)

Toyota Sees Slowdown in Growth – But Still Strong Year for U.S. Auto Market

Automaker hopes to finish repairs, end safety-related stop-sale in coming weeks.

by on Feb.06, 2014

Toyota Vice President Bob Carter is focusing on the expected surge in demand for new vehicles this year.

The recovery of the U.S. auto market is likely to slow in 2014 – but Toyota Vice President Bob Carter said he’s focusing on the half-full view of the glass, noting that the coming year will still bring another surge in demand, marking the first time since the 1930s that American automotive sales increased for five consecutive years.

Carter, who oversees the Japanese giant’s U.S. automotive operations, offered a generally upbeat assessment of the status of both the car business and Toyota itself during an appearance marking the opening of the 2014 Chicago Auto Show. Among other things, Carter said repairs have begun on more than 30,000 Toyota vehicles that were pulled from sale last month due to a defect in their seat heaters. They should be back on sale in a matter of weeks, he explained.

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Exactly what 2014 will bring is a matter of some debate – especially after the industry’s lackluster performance in January that saw a number of key makers, General Motors and Ford, lose ground. Toyota posted a 7.2% dip, year-over-year. That was a disappointment for those who hoped to see the market maintain the pace of 2013 when sales jumped by more than 1 million units, to 15.6 million, the best tally since before the recession. (more…)

Toyota Earnings Up Over 500% on Weaker Yen

Japanese giant raises forecast – but also faces some problems.

by on Feb.04, 2014

The Prius has helped drive Toyota sales worldwide.

The world’s largest automaker has now posted the industry’s largest profit for the final quarter of 2013, Toyota Motor Co. earnings increasing by more than 500%, much of that momentum driven by the weak yen.

Toyota earned 525.4 billion yen, or $5.2 billion, for the October-December period, the third quarter of the Japanese fiscal year, up from 99.9 billion yen a year earlier.  The maker’s quarterly sales, meanwhile, surged by 24%, to 6.6 trillion yen, or $64.2 billion.

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Toyota’s earnings handily exceeded the 437 billion yen, or $4.3 billion, consensus forecast of industry analysts polled by tracking firm FactSet.  That’s a sharp shift from recent days during which a number of key corporations have fallen short of industry estimates, driving a sharp sell-off of stocks in Asia and on other markets around the world.

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