Toyota sold 8.4M vehicles in 2010 to hold top spot
TOKYO (AP) — Toyota sold 8.42 million vehicles globally in 2010, narrowly remaining the world’s top automaker ahead of General Motors amid recall woes in the key North American market.
GM also released a new tally Monday for its global 2010 sales, at 8.39 million vehicles, slightly fewer than Toyota’s number, but a dramatic 12 percent rebound from 7.48 million vehicles the year before.
The race between the two giants appears to be getting close, with the chance the tables could be turned, seeing GM once again rising to the top.
Meanwhile, Toyota wasn’t showing much growth in North America — and growing slower in China than GM — partly because it lacks the U.S. automaker’s extensive model lineup such as large-size sedans, he said.
Toyota’s global sales, including truckmaker Hino Motors Ltd. and Daihatsu Motor Co., which makes small cars, rose 8 percent from 2009, driven by solid sales growth in China and other Asian nations, the Japanese manufacturer said.
Toyota Motor Corp. dethroned General Motors as the world’s No. 1 automaker in worldwide vehicle sales in 2008 — a position GM held for nearly eight decades. Since then, General Motors, now called General Motors Co., was bailed out by the U.S. government and underwent restructuring after a brief period in bankruptcy protection.
“We don’t focus on who is No. 1,” he said of the so-called “new GM.”
Toyota, in contrast, sold just 846,000 vehicles in China.
Toyota said it was not concerned with beating GM.
“Our objective is to become No. 1 with the customers,” said Toyota spokesman Paul Nolasco.
He said company was doing its utmost to beef up quality. “We want to be their favorite car manufacturer.”