Peak Car is the theory that one day soon, the global auto industry will reach its sales maximum and numbers will only decrease from then on. Increase in the number of city dwellers, concerns over pollution and crippling gridlock (all of which are conveniently shown above, in Beijing) could all contribute to the auto industry reaching peak car.
Every year when we start talking about which automaker is the biggest in the world, there always seems to be at least a little bit of controversy. For 2013, Toyota handily took the top spot with 9.98 million sales, but it's the runner up spot between General Motors and Volkswagen that is starting to create a stir.
Good news is on the horizon for global automakers as a confluence of factors could lead the number of cars sold globally to surge from the current estimate of 82 million for 2013 to over 100 million by 2018, according to a recent report from The Detroit Free Press. What's interesting, though, is that it won't be the US market leading the surge.
General Motors and Ford can have all the success they please, but it doesn't seem like America's two largest manufacturers are going to topple Toyota in the first half of 2013. According to Reuters, Toyota moved 4.91 million vehicles in the first six months of 2013, representing a 1.1-percent drop from the same period in 2012.
General Motors released its first quarter sales figures this week, reporting that it sold 2.36 million cars and trucks worldwide. That figure represents an increase of 3.6 percent when compared to the same period last year. GM's growth was attributed to many factors, including global Cadillac sales that were up 26 percent and Chevrolet posting a one percent increase over last year (this marked Chevy's tenth straight year of record global sales).
Now that the title of world's largest maker has become a clear and eager battle, we can expect more regular updates on the progress of the combatants. Bloomberg reports that Toyota snagged the #1 crown in Q1, taking it away from General Motors with 2.49 million units sold across its five brands compared to 2.28 million for GM. Volkswagen was just another tenth down at 2.19 million units sold.
Look who's back on top again? Just 30 months since General Motors emerged from bankruptcy, the Detroit-based automaker can once again call itself the world's largest. GM sold just over 9 million vehicles globally in 2011, its highest sales total ever, while chief rival Toyota may slip as far as third place, according to TheDetroitBureau.com, which reports that Volkswagen will pass Toyota to claim the runner-up spot.
Pike Research has put out an estimate saying that annual sales of plug-in vehicles in the United States will hit 358,959 by 2017. And they're not all going to the usual suspects. Mostly, sure, but not all.
Ford and Volkswagen have been traveling in different directions of late, with VW posting record earnings while Ford is losing cash by the billions. VW's momentum doesn't stop with cold, hard cash, either. The German automaker's first half year sales rose 7.2% to 3.31m, while Ford posted a free-fall of 11% to 3.09m. That gives team Fahrvergnugen a lead of 220,000 units in the first half of the year -- a very sizable margin. Part of the reason VW has been able to pass Ford is that the German autom
The seesaw battle between GM and Toyota for the title of world's largest automaker is still being waged, and after tallying up global sales for the first half of the year, Toyota has opened up a pretty big lead. The Japanese automaker totaled 4.82m units told, with GM trailing with sales of 4.54m cars and trucks. While Toyota's sales are impressive, they're still off the pace of the 9.85m units the automaker expects to sell throughout 2008. The US and Japan have been the source of Toyota's pain
In response to our By The Numbers: July 2006 post, a few commenters noted how far behind Toyota was behind General Motors in terms of monthly sales in the U.S. Toyota sold 241,826 units while GM sold more than twice that at 410,332 units. From appearances it seemed GM's dominant seat in sales was secure to some.