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REPORT: Toyota increases 2009-2010 global sales forecast by 3%
There have been subtle signs that demand for new cars and trucks are improving. Several automakers plan to increase production over the next few months, and Toyota is no different. Reuters is reporting that the World's Largest Automaker has raised its sales forecast by 3% to 6.7 million units for the year ending March 2010. Toyota is also reportedly looking to increase production by a not-so-subtle 8% to a total of 6.45 million units. Toyota is neither confirming or denying the report, which originated in the Tokyo Shimbun daily. Some of ... Read more →
Toyota raises production forecast by 3%; losing ground to GM Chris Shunk
The global auto sales downturn has been as painful as it's been swift, but a report from Yomiuri shows that the worst of times may be over. The Japanese news agency (via Automotive News) reports ...
REPORT: Toyota sees U.S. turnaround in sight, plans to boost production Chris Shunk
Auto sales in 2009 have been a real stinker, but companies are starting to feel a bit more bullish about the immediate future of the industry. Earlier this week, Ford announced that it was bumping Q3 ...
Dismal April motivates Toyota to increase production and incentives Michael Harley
With April's sales volume down over 41% and Ford pushing it aside in the numbers race, the Toyota division is motivated to move units in May. At the request of dealers, the automaker is boosting ...
Ford sells more cars in April than Toyota Jeremy Korzeniewski
What's this? Somehow, the natural order of things in the automotive world has been upset to the point that Ford (129,898 total units) has outsold Toyota (126,540 total units) in the United States in ...
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Global Dominance Shift: VW may have sold more than Toyota in Q1 6 months ago on Autoblog
Over the last several years, few automotive stories have held as much interest as the global fight between Toyota and General Motors for worldwide sales supremacy. Don't look now, but there's a new combatant hailing from Germany ready to take the reigns: Volkswagen. However, VW's ascendancy has ...
No Dispute: Toyota displaces GM as world's largest automaker 9 months ago on Autoblog
Quick: Who is the world's largest automaker? General Motors or Toyota? Last year, the two brands were in a statistical dead heat after sales for all of 2007 were tallied, and debates raged as to which one of the two global giants had outsold the other. This year, there's no argument. The winner of ...
Toyota expected to post first annual sales decline in 10 years 1 year ago on Autoblog
We knew the auto industry was in bad shape and it didn't take long to extend its poisoned-tipped tentacles into the world's automotive juggernaut. In August came news that the Japanese automaker had cut its sales forecast for 2008 from 10.4 million vehicles to 9.7 million. A Japanese newspaper, ...
The end is nigh: Toyota announces 0% financing on 11 models 1 year ago on Autoblog
Further proof that no automaker is immune to effects of the sales downturn in the U.S. comes as Toyota has just announced 0% financing on 11 of its models, including the hugely popular Camry and Corolla and a slew of SUVs and trucks. Last month, incentive-averse Toyota posted a drop in sales of ...
Toyota cuts sales forecast almost 7% 1 year ago on Autoblog
Last September we told you of Volkswagen's plan to overtake Toyota in global sales by 2015. Some Autoblog staffers giggled at the prospect. That was before Toyota reported a 39% drop in profit and began writing down leases, and long before today's news of the Japanese automaker reducing its sales ...
Toyota's Q1 profit drops 39% 1 year ago on Autoblog
Toyota is not used to seeing its profit margins drop, as the Japanese auto giant has enjoyed increased profit for nine straight years. Expect that run to end this year, though, as Toyota is discovering that it is not immune to the downturn of the American auto market. For the year, Toyota has ...
Weak June has Toyota reviewing U.S. ops 1 year ago on Autoblog
Toyota posted a 10% sales decline for its bread-and-butter brand of over the month of June, with numbers that are even worse -- an 11.5% drop -- when the Scion and Lexus brands are added into the equation. In response to these very un-Toyota-like sales declines, the automaker is now revamping its ...
Toyota may miss sales goal this year 1 year ago on Autoblog
Toyota's bet that it could sell more vehicles in 2008 than in 2007 may not have been a wise one. Though Toyota's hybrid models and small cars are selling very well in the U.S., sales of pickups and SUVs have truly tanked, and Toyota had been counting on those sales just as much as its competitors. ...
Toyota expecting profit drop in 2008 1 year ago on Autoblog
The current economic environment in the United States is hurting all auto makers these days, even mighty Toyota, which was once considered immune to so-called market realities. Though its overall performance last year would be considered a stellar achievement for any other automaker, Toyota's 28% ...
Nine Toyota execs in the U.S. retiring, or are they? 1 year ago on Autoblog
With Toyota reporting its daily average sales rate fell 6.6 percent last month, it might be easy to think the retirement of nine U.S. executives is a sign that the company is getting ready for a new start. But at least one analyst thinks something else might be happening. Head hunting. Toyota's ...
Toyota's New Year's Resolution: sell 9.85 million cars in 2008 1 year ago on Autoblog
If it were poker, Toyota would have looked at GM, pushed all its chips into the pot and said, "You know what that means." The other marque in the battle for worldwide supremacy has raised its projection for 2008 sales by 5-percent over this year, expecting to sell 9.85 million cars around the world ...
Toyota on track to be No. 1 automaker in '07 2 years ago on Autoblog
Toyota is on track to meet its target of 9.34 million vehicle sales this year despite fears of plant closures, flagging sales in the Japanese domestic market and lost production from this past week's earthquake. The Japanese juggernaut has already eclipsed closest rival GM in global sales for the ...
Autoblog Podcast #151: With Car and Driver's Eddie Alterman
Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.
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