Toyota Motor Corporation has managed to stay on with its prestigious title to be the world’s largest car manufacturer of the year 2013, based on the financial results in the first half of the year. It has been anticipated that Toyota would strengthen its financial stand with the release of the New Corolla this year.
What does the release of Corolla mean for Toyota?
It is true that this Auto giant has pipped General Motors whose numbers have gone far behind in the global rally. From the months of January to June, it has been anticipated that about 4.91 million cars have been sold from the Toyota corporation across the world while General Motors has reached the number of 4.85 million units only during the same period.
GM has been perceived to be the largest car maker in the world across history and has been dominating the industry for more than seven decades. Toyota, in fact has grabbed this position of GM from the year 2008. The competition this year has been tight around the neck and it is worth noting here that GM has indeed outsold Toyota in the second quarter, this fiscal year by at least 10,000 units.
To outnumber Toyota in performance and sales numbers, GM has about 13 models lined up and ready for release in the near future. But Toyota has the highlight SUV, the Corolla 2014 this year that is ready to get hired later this year. This Corolla has been much anticipated to add to the sales chart of Toyota, as it is regarded as the best-selling car in the world.
Brief history of the advancements of Toyota Corporation:
Toyota has remained to stay ahead of General motors in the first half of the year 2013, owing to its solid sales in other parts of the world. The making of the Camry Sedan and the Prius hybrid did better than anticipated in Japan, where the company has remained sedentary in the past.
Volkswagen from Germany has also entered the global trail of the Toyota and the GM group and has successfully generated about 4.7 million vehicle sales by the start of the year 2013. The company is also posing strong sales ratios in countries such as China and Europe.
The main difference between Toyota and other automobile giants is that, while the other two companies indulge in the manufacturing of light vehicles, Toyota indulges to make heavy automobiles in its queue.
When the president of Toyota Corporation spoke of its sales this fiscal, he said the enhancement in sales is clearly a measure of profitability and excellence and the commitment their workers show on their work.
Though the company officials are not really bothered about who runs the global sales race, their increasing numbers only reflect the momentum of the company and is truly the outcome of the good morale of its employees.
It is also worth noting here that Toyota is the number one automobile manufacturer of the world not only because of its sales number but also for its enhanced cost cuts in production and manufacturing.
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I am into the auto blogs field for quite a long time. Living my passion of reviewing cars.
Tagged: 2014 Toyota Corolla, Toyota
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