Author Topic: GM again the world's largest automaker  (Read 178 times)

Offline Mike

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GM again the world's largest automaker
« on: January 19, 2012, 01:09:07 PM »
General Motors surpassed Toyota and Volkswagen to reclaim the crown of world’s largest automaker with global sales of 9.03 million vehicles in 2011.

That was 11% higher than Volkswagen, which last week reported 2011 global sales of 8.16 million. Toyota has not yet reported its final 2011 sales, but last month the Japanese automaker estimated it sold 7.9 million vehicles globally last year.
Toyota’s sales were constrained by production cuts caused my the March 11, 2011, earthquake and tsunami in northeast Japan, and later in the year by flooding in Thailand.
GM’s 2011 sales rose 7.6% from 2011. Sales in the U.S. led the way for Chevrolet with total vehicle sales of 1,775,812, up more than 13%. China posted record sales of 595,068, up 9.5% from the previous year. Other markets that posted significant year-over-year increases include Vietnam (79%), Russia (49%), Turkey (30%) and Germany (21%).FD HIDDEN DIVFD HIDDEN DIVFD HIDDEN DIV

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Offline dlangbroek

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Re: GM again the world's largest automaker
« Reply #1 on: January 25, 2012, 03:17:33 PM »
This is great news! Although what I think is even greater news is the profitability with which they're doing this!  :chevy:  Kudo's GM to a very fantastic turnaround and one done at lightening speed for a company of its size.
Darrick
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