UPDATE:Toyota Set To Cede No. 1 Status In 2011, But Eyes 2012 Rebound
21 Diciembre 2011 - 11:14PM
Noticias Dow Jones
Toyota Motor Corp. (7203.TO) looks set to be knocked off its
perch as the world's biggest auto company by sales after it said
Thursday that it estimates its global sales to fall 6% in calendar
2011 to 7.90 million vehicles, squeezed by natural disasters in
Japan and Thailand.
The slacker-than-expected sales will likely leave the auto maker
trailing General Motors Co. (GM) and Volkswagen AG (VOW.EX) this
year, putting an end to its three-year reign at the top of global
auto sales. While Toyota hopes to achieve a strong rebound in 2012,
there are doubts it will be able to regain top spot next year faced
with a stubbornly strong yen that is continuing to blunt its
competitive edge overseas.
For 2012, the car maker forecast its sales to grow 20% to 8.48
million as production returns to normal. But both the U.S. and
German auto makers are looking to sustain their own momentum.
GM already sold 6.79 million vehicles in the first nine months
of this year, up 9.2% from the same period a year earlier, and
could sell over 9 million for the full year if it maintains a
similar growth pace. Volkswagen boosted sales 14% to 7.51 million
for the first 11 months of the year and has said it expects to sell
more than 8 million vehicles this year.
The likely setback comes as Japan's biggest car maker by volume
endures another tough year, with the March 11 earthquake and
tsunami in Japan and massive flooding in Thailand earlier in the
year. The previous year, Toyota was hit by its global recall
crisis.
The challenging environment looks set to continue, too, as the
soaring yen cuts into the profit margins of vehicles built in
Japan.
Still, Toyota envisions ambitious plans further down the road,
targeting global sales of 8.95 million vehicles and production of
8.98 million vehicles for 2013.
The numbers for 2011 include sales at its small-car making
Daihatsu Motor Co. (7262.TO) and truck-manufacturer Hino Motors
Ltd. (7205.TO) subsidiaries.
But the targets for the next two years reflect plans at Toyota
only, excluding those for the two subsidiaries.
-By Yoshio Takahashi, Dow Jones Newswires; 813-6269-2791;
yoshio.takahashi@dowjones.com
Hino Motors (PK) (USOTC:HINOY)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
Hino Motors (PK) (USOTC:HINOY)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024
Real-Time news about Hino Motors Ltd (PK) (OTCMarkets): 0 recent articles
Más de Hino Motors Ltd. ADS Artículos de Noticias