Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Auto
January 20, 2013

Toyota retakes global auto sales crown from GM

DETROIT (AP) – Toyota has once again dethroned General Motors as the world’s top-selling automaker.

The Japanese company sold 9.7 million cars and trucks worldwide in 2012, although it’s still counting. GM sold 9.29 million.

Both companies saw higher sales, but Toyota’s growth was far larger as it rolled out new versions of popular models like the Camry. GM executives promised sales growth this year, especially in the US. Both companies say publicly that they don’t care about who wins, but concede that the crown is an important morale booster for employees.

GM was the top-selling carmaker for more than seven decades before losing the title to Toyota in 2008. But GM retook the sales crown in 2011 when Toyota’s factories were slowed by an earthquake and tsunami in Japan. The disaster left Toyota dealers with few cars to sell. The company has since recovered.

Toyota’s comeback from the earthquake, and flooding in Thailand, is only part of the story, says Jeff Schuster, senior vice president of forecasting for LMC Automotive, a Detroit-area industry forecasting firm. The company also has freshened up its stale midsize sedan, the Camry, the top-selling car in the US.

GM’s global sales rose 2.9 per cent last year, it announced Monday at the North American International Auto Show in Detroit. Toyota sales rose 22 percent.

Schuster expects Toyota to keep the lead over GM this year as it launches a new Corolla compact later this year.

“I think that’s going to be enough to keep them in their position,” he says.

Toyota builds 70 per cent of the cars it sells in the US in North America, including the Corolla.

GM is also contending with a stronger Volkswagen. It narrowly edged out the fast-growing German company for second place in 2012. VW sold a record 9.1 million vehicles.

Volkswagen, with big sellers like the Passat midsize sedan and Jetta compact, closed in on GM with an 11 per cent sales increase across the globe. The United States, where VW brand sales rose 31 per cent, led the way.

Schuster expects GM to hold off Volkswagen in 2013. That’s because VW has more of a presence in Europe, where sales are falling as the region struggles with high unemployment and weak economies.

GM isn’t ignoring the global sales race, but it’s more focused on rolling out new products and driving profitable growth, said Mary Barra, the company’s global product development chief.

She expects the company to gain sales and market share in the US this year because many new vehicles were rolled out late last year or are coming this year, such as new full-size pickup trucks and the Cadillac ATS small luxury sports sedan. GM plans to revamp 70 per cent of its North American models by the end of next year, shifting its model lineup from the oldest in the industry to the newest.

“It all starts and ends with great products,” she said. “You get the products right and the other will come with time.”

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

CMU employee charged over alleged misappropriation of student funds
Latest News, News
CMU employee charged over alleged misappropriation of student funds
June 4, 2026
KINGSTON, Jamaica — An accounting officer/customer service officer employed at the Caribbean Maritime University (CMU) was arrested and charged on Wed...
{"jamaica-observer":"Jamaica Observer", "breaking-news":"Push Notifications"}
Treasure Bay Estates highlights investment opportunities at THROP-X 2026
Latest News, News
Treasure Bay Estates highlights investment opportunities at THROP-X 2026
BY BRIAN PITTER Observer writer pitterb@jamaicaobserver.com 
June 4, 2026
KINGSTON, Jamaica — Treasure Bay Estates has reaffirmed its dedication to real estate investment, national development and diaspora engagement through...
{"jamaica-observer":"Jamaica Observer"}
Parliamentary committee to review flexible work options amid rising fuel prices
Latest News, News
Parliamentary committee to review flexible work options amid rising fuel prices
June 4, 2026
KINGSTON, Jamaica — Chairman of Parliament's Economy and Production Committee, Alando Terrelonge, has announced that the committee will undertake a co...
{"jamaica-observer":"Jamaica Observer"}
PNPYO backs Opposition’s call for immediate resignation of FLA CEO
Latest News, News
PNPYO backs Opposition’s call for immediate resignation of FLA CEO
June 4, 2026
KINGSTON, Jamaica — The People's National Party Youth Organisation (PNPYO) has thrown its support behind the Opposition’s demand for the immediate res...
{"jamaica-observer":"Jamaica Observer"}
JCSA demands urgent resolution on travelling allowance claims and outstanding wage negotiations
Latest News, News
JCSA demands urgent resolution on travelling allowance claims and outstanding wage negotiations
June 4, 2026
KINGSTON, Jamaica — The Jamaica Civil Service Association (JCSA) is calling on the Ministry of Finance and the Public Service to urgently address an o...
{"jamaica-observer":"Jamaica Observer"}
Applications open for Reggae Boyz head coach position — JFF
Latest News, Sports
Applications open for Reggae Boyz head coach position — JFF
June 4, 2026
KINGSTON, Jamaica — The Jamaica Football Federation (JFF) has officially opened applications for the position of head coach of the Reggae Boyz, the co...
{"jamaica-observer":"Jamaica Observer"}
Report warns offshore oil exploration could threaten Jamaica’s marine ecosystems — JET
Environment, Latest News, News
Report warns offshore oil exploration could threaten Jamaica’s marine ecosystems — JET
June 4, 2026
KINGSTON, Jamaica — A new report released Thursday by Earth Insight has warned that some of Jamaica’s most ecologically significant marine habitats co...
{"jamaica-observer":"Jamaica Observer"}
Uganda’s Ghetto Kids group ‘can’t wait’ to join Shakira at World Cup
Latest News, Videos
Uganda’s Ghetto Kids group ‘can’t wait’ to join Shakira at World Cup
June 4, 2026
KAMPALA, Uganda (AFP) — The Ghetto Kids, a Ugandan dance troupe made up of street children, spoke of their excitement at being invited by music supers...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct