- Podcasts
- On Air Program Guide
- A Blue View
- Brain Talk
- Cellar Notes
- Choral Arts Classics
- The Environment in Focus
- Gil Sandler’s Baltimore Stories
- Humanities Connection
- Maryland Morning with Sheilah Kast
- Midday with Dan Rodricks
- The Morning Economic Report
- Radio Kitchen
- The Signal
- Take Five
- Your Maryland
- Public Commentary
- War of 1812 Stories
After Driving Past GM In 2012, Toyota Poised To Boost Sales Further In 2013
Mon, 28 Jan 2013 13:38:00 -0500
After seeing its sales take a hit in 2011 because production was hurt by the earthquake and tsunami that struck Japan early that year, Toyota bounced back in 2012 to retake the No. 1 spot as the world's top automaker.
The company sold 9.75 million vehicles, to No. 2 General Motors' 9.3 million. Volkswagen was No. 3, with 9.1 million vehicles sold.
Among the reasons Toyota is back atop the sales statistics: Strong demand "for its Prius family of hybrid cars, sedans like the Camry and SUVs such as the Lexus RX 350," MarketWatch writes.
Now, thanks to a weaker yen that is helping make its products less expensive in the key U.S. market, Toyota is forecasting another gain in 2013 — to sales of 9.9 million. BloombergBusinessweek says some of Toyota's good fortune will come at the expense of South Korea's automakers, who are getting hurt by a rising South Korean won that makes their vehicles relatively more expensive.
USA Today notes that "GM had been the top-selling automaker for more than seven decades before losing the title to Toyota in 2008."
CNNMoney adds one footnote to the Toyota-GM rivalry:
"Toyota's sales totals were also helped by the fact that it made more than 600,000 heavy-duty trucks and buses during the year, a segment GM essentially pulled out of in 2009."
Copyright 2013 NPR. To see more, visit http://www.npr.org/.
E-Mail Newsroom
Tags:
TOOLS
IN FOCUS TODAY
Friday, May 24, 2013 - 5:02am
This weekend's Memorial Day festivities are sure to include renditions of the Star Spangled...
Thursday, May 23, 2013 - 4:50am
The taxpayers of Baltimore are about to front a developer $107 million in something called tax...
Wednesday, May 22, 2013 - 6:35am
WYPR's Fraser Smith and political consultant and columnist Laslo Boyd talk about how Baltimore...





Comments
Post new comment