Toyota not among automakers enjoying United States sales inc

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Toyota not among automakers enjoying United States sales inc

Postby ROnaldoD » Wed Jan 19, 2011 2:53 am

Ford led the way in 2010 U.S. auto sales growth and bumped Toyota from the No. 2 spot behind General Motors. Each and every automaker selling cars in the United States loved a 2010 boost. Toyota, however, experienced a drop in U.S sales. Safety recalls involving Toyota autos affected its 2010 sales totals when new models released by Ford and Toyota were well received by United States car buyers. If the recalls continue with Toyota the automaker might just need payday cash loan to stay afloat.


What United States auto sales look like



A sales increase was reported in 2010 by all major automakers besides Toyota when, over 2009, auto sales in the U.S. went up 11 %. When the bailout for automakers happened Ford was the only one within the U.S. who didn’t take the bailout money. This is how the company led automakers in a 19 % increase this year. Ford recorded increased sales for the second year in a row, a feat it hadn't accomplished since 1993. There were 10.4 million cars sold in 2009 and 11.6 million units in 2010 throughout the industry which is the largest bump since 2984. It is also the first recorded boost that has happened since 2005. Highlights involved hefty sales gains for GM's Chevrolet Cruze, Ford's Fiesta and Chrysler's Jeep Grand Cherokee.



Why has Toyota lagged behind Ford?



In 2010, Ford passed Toyota to become number 2 in auto sales within the United States having sold 1.97 million units while Toyota only sold 1.76 million. Toyota really reported a decrease in sales. For the year, there was a 0.4 decrease. Part of this has to do with Toyota recalling over 8 million cars and trucks in 2010 across the world. “Unintended acceleration” was the reason for this recall. There were also eight models in the United States that had production stopped by the Japanese automaker. The popular Camry and Corolla were both ones that this happened to. While Toyota worked to fix flaws in existing models, GM, Ford, Nissan and Hyundai were busy churning out new and better models.


Probably the most recovery coming from auto industry than anywhere else



The impressive performance leads analysts to believe that the United States auto industry is experiencing a legitimate recovery. There has been much higher standards for quality when it comes to cars while numerous new models have been coming out frequently. This is why some believe that Toyota will no longer be the U.S. leading automaker. United States car buyers just want new, well-made products as Ford and General Motors both showed in 2010.



Citations



Bloomberg

bloomberg.com/news/2011-01-04/gm-december-total-u-s-sales-up-7-5-est-up-4-3-.html



New York Times

nytimes.com/2011/01/05/business/05auto.html?src=busln



CNN

money.cnn.com/2011/01/04/news/companies/december_auto_sales/
ROnaldoD
 
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