• Oct 29, 2008
General Motors is reporting global sales of 2.1 million units for the third quarter, which is down 11 of the Detroit automaker's sales came from outside of its home market. That's up from 56 figure for the second quarter of 2008. VP of sales and marketing Jonathan Browning points out challenges in the global financial markets as a big problem for GM, but also mentioned that strong sales in emerging markets is helping to ease the sales burden.
Since GM has a serious cash crunch and merger talks on its hands right now, it likely doesn't care much about a global sales race with Toyota. That doesn't make Toyota's accomplishment any less significant, though, considering how long the General has been on top of the global sales charts.

[Source: The Detroit News]


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  • 30 Comments
      • 6 Years Ago
      @ John:

      ... and a state sponsored bailout of GM is not socialist? Last I checked, we in America believed in free markets, where companies with inefficient processes, inferior products, and unprofitable operations die like they're supposed to.
        • 6 Years Ago
        Stop putting words in my mouth. Where did I say anywhere that it's the governments job to bail out anyone?

        I'm talking about people cheering and celebrating the fact GM and the others are failing. What kind of mean spirited A holes would be happy that thousands of people lose jobs?
      • 6 Years Ago
      where's goble-goo-what's-his-name to lead the GM bashing charge?
        • 6 Years Ago
        He'll be here. What's his name anyway? I pronounce it 'gagalbooboo' or something...
        • 6 Years Ago
        Well i am here, but i do want to point out that i was the one who alerted Autoblog on this story as soon as it was available.

        So how are you TJ? You still supporting Wagoner? Still think he is doing a heckuva job? Still think he is underpaid (17 mill is not enough for him)?




        • 6 Years Ago
        Notice, I never said anything about Wagoner, or his salary. Not once. I was simply, in that thread, posting about how you always show up to post anything anti-GM as often as possible.

        I am good, thank you for asking! Yourself?
      • 6 Years Ago
      Lets see...

      Man walks into a Chevy dealer, he finds the cheap and practical Impala that offers a good choice of engines and trim packages. Good. He walks by the SUV's sad to say, they are pretty good. he walks by the Malibu and there is still good to be found!, looks for a sport car and is sad to only see Corvettes cause the Camaro has STILL not come out. Finds Cobalts and is only interested in the SS cause the rest are lame.

      Man walks into a Pontiac dealer...all he see's are Chevy's and a BMW Competitor...why the heck would he go to Pontiac for a BMW? oh and small 2 seater that looks better as a Saturn...*sigh* poor Pontiac.

      Man walks into a Buick dealer...oh my, he is scared off by 4 speed Auto's and poor fuel mile age. Although, Buick's products are years ahead of where they where not too long ago.

      Cadillac? fixed

      Saturn, a man once walked into Saturn dealerships for cheap, fuel efficient econo cars...now he gets offered expensive Aura with 255 HP a few CUV's and the only fuel efficient car aint that hot...*sigh* Astra...

      I could go on but i gotta get to work.
      • 6 Years Ago
      This race IMHO is finished. Toyota has now taken the lead, and this is permanent. Untill all senior UAW workers (the senior ones) retire, it is impossible for GM Chrysler or Ford to compete.

      As far as Wagoner's job, well he did what he could within the bondaries of this framework. He still does . THere is a very good article from Paul Ingrassia in the Wall Street Journal explaining the GM situation, which I think sums it all up. Too long too reprint here. Wagoner is not guilty of what is going on. This whole situation started back more than 70 years ago.

      As far as internal quarrels in this blog (or some other notorious ones, Motor trends comes to mind), I"d say that most bashing (both sides) comes from uninformed members. Also, it is fun to attract the attention of other members by making shocking statements. Children do that all the time.
        • 6 Years Ago
        I read that article, it would have been great if it was posted here for everyone else.

        Having said that, Wagoner may have done all he could, but all that really means is that he doesn't know what he is doing, he is simply unqualified, that man should not be allowed to flip burgers let alone run a company.

        As far as shocking statements, come on, he is making 17 Mill all the while GM is losing 16.5 Billion in North America, losing 65 Million in Asia, making 99 Mil in Europe and making 415 Mil in S America (2nd Q Numbers) 3rd Quater will be even worse.
        • 6 Years Ago
        does anyone have a doubt that if Ghosn was in his place things would have changed drastically ?
      • 6 Years Ago
      Yeah, its there most competitive products in years....

      SFW? Are their products actually competitive? On a few models. Not all. You don't just wake up, build the Bu, and wash away 30 years of incompetence.
      • 6 Years Ago

      This is just Q3 sales. Wait till the end of the year before claiming Toyota is the number one automaker worldwide. Perhaps GM might regain the lead by then.
      • 6 Years Ago
      Eh - GM's doomed anyway. If they can't get out on their own, the bankers at Cerberus will ensure that GM will plow under by forcing Chrysler on them. All they really want is the rest of GMAC so that they can feed at the $700 Billion Federal-bank-bailout trough.
        • 6 Years Ago
        GMAC isn't eligible for the bailout since it isn't a bank. That's why they are trying to become a bank. Just what I heard.
      • 6 Years Ago
      Is Toyota still selling vehicles in countries where GM is not allowed in those countries? If so, that would give Toyota an unfair advantage.
      • 6 Years Ago
      If theyre gonna give away 10 million they should give it to companies like VW or BMW that have actually HELPED or RESURRECTED and made profitable an desirable every company theyve bought (Bentley, Skoda, SEAT, Lamborghini, Mini, Bugatti, Audi)
      • 6 Years Ago
      GM? I don't under stand how can ppl compare GM with Toyota based on $ of sales..................if u wanna compare u should be comparing "GM VS Toyota+Lexus+Scion".............

      after all GM is err..... GMC+Chevy+Cadillac+Saturn+Pontiac?

        • 6 Years Ago
        Terry, I am sure the figures for toyota include lexus and scion numbers.

        What I don't understand is why people are so excited about GM failing. It will be a bad day in america if that happens for you will surely see a major recession worse then what we are in now. Granted part of why the market is so bad is because everyone seems to support foreign countries.

        Old saying is "whats good for GM is good for the country" Just thinking of the number of people GM employees directly and indirectly
      • 6 Years Ago
      Lately I've been feeling very patriotic. F@CK! all these other car companies, why are people still dogging GM when now they have the best product that they've had in decades. Actually the cars they have out now and that are soon to be released are the most competitive ever...in performance, reliablity,and design. People just need to admit it that they are brand-whores. If you take the logos off these cars and just a Toyota or three pointed star on most of these cars people will drool over them. It's funny how the rest of the world actually buys American brand cars, but the US doesn't even have faith that it can make a great car. Thats US industrialism, the capablity to make great product but the people would rather hang from some other countries nuts instead of having faith in our own.
        • 6 Years Ago
        I hate GM right now because they are seeking help from the fed to buy and ruin Chrysler.
        • 6 Years Ago
        @Donpella: Eff all the other car companies? Really? Who do you think you can thank for forcing GM to come up with better and more desirable cars, if not the competition from those other car companies? If the American public kept on buying the uncompetitive vehicles that GM produced in the past, what incentive would GM have had to improve its product line?
        • 6 Years Ago
        You are absolutely right that GM is now producing SEVERAL world-class cars. However, their overall product line up is very uneven. For every great new car like CTS-V (that thing is enormous achievement), Malibu, G8, they compensate it with Saturn Ion, Tahoe Hybrid (I mean, really, WTF is that thing except to garner favor with uneducated greenies wannabe's), Saab 9-7X. You can go on and on with this.
        Simply, they have too many product lines and too muddled a marketing message, that it just becomes impossible to manage properly. Their product competes against each other in the marketplace, yet, a poorly performing corporate cousin will negatively impact the reputation of the others. They need to bite the bullet and rationalize the brands.
        • 6 Years Ago
        @info2
        you are missing the big point. The product examples I cited are just that....examples. GM's problems are very structural and fundamental, way beyond products. Problems and even achievements in products just further exacerbate the challenges they are facing.
        • 6 Years Ago
        Look i went to Chevy dealer, i sat in Malibu, it's good, i like it, but come on it's not as good as Accord inside. I am talking about the interior feel only, i did not drive either one.

        Also, i sat in both Fit and Astra, not even close, Astra is very cheap and ugly inside.

        Astra and Malibu are HUGE improvements over (as far as interiors go) G5 or Cobalt, but all that really means is that those were THAT deplorable.

        Also many say give Domestics a chance, i say give foreign brands a chance too, if you own a Cobalt, go test drive a Civic, or a Sentra. See what happens.


        • 6 Years Ago
        I'm with you, Parkerman. I've been calling GM a "corporate vampire" all week. GM is in the midst of trying to bleed dry anyone and everything it can to stay afloat. Even ruining Chrysler in the process.

      • 6 Years Ago
      everyone is forgetting one thing

      IF THEY BUY CHRYSLER THEY WILL BE THE BIGGEST CAR COMPANY IN THE WORLD BY FAR.
        • 6 Years Ago
        Being the biggest still doesn't make you the best! That is part of GM's problem. The company has become so big and bloated over the years until it is now on the verge of collapsing under it's own weight.

        And now it has to turn to Chrysler to help prop it up. But the question is: Will that still be enough?
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