Toyota Remains World's Top Selling Automaker

Toyota world's top selling car maker for 2nd year
Yoshikazu Tsuno, AFP/Getty Images
By YURI KAGEYAMA

TOKYO -- Toyota remained the top-selling automaker for a second year in a row, beating U.S. rival General Motors by some 270,000 vehicles in 2013, and set an ambitious target to sell more than 10 million vehicles this year.

That would mark a milestone as no automaker has ever topped annual worldwide sales of 10 million.

Toyota Motor (TM) said Thursday it sold a record 9.98 million vehicles worldwide last year, up 2 percent from the previous year.

The Japanese automaker has made an impressive comeback from an earthquake and tsunami that devastated northeastern Japan in 2011, damaging auto suppliers and hobbling production.

Toyota also outlined plans to sell 10.32 million vehicles and produce 10.43 million vehicles in 2014.

General Motors (GM) sold 9.71 million cars and trucks worldwide last year,
outselling Volkswagen of Germany at 9.5 million.

Toyota recaptured the global sales crown in 2012 from GM, which had been the top-selling carmaker for more than seven decades until being surpassed by Toyota in 2008.

Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models, had strong sales growth last year in overseas markets, although sales fell in long stagnant Japan.

Toyota's U.S. sales totaled nearly 2.24 million vehicles, up 7 percent from the previous year. Its China sales were also strong, surging 9 percent to 917,000.

Toyota remained optimistic about prospects this year for both regions, expecting sales to grow 3 percent in the U.S. to 2.3 million vehicles, while adding 20 percent in China sales to 1.1 million.

The company was typically low-key about the bragging rights for being No. 1, reiterating its comments from previous years that it was merely making one car at a time to appeal to global consumers.

GM has also expressed similar sentiments, but being the top seller is a key morale booster for the employees and related companies. The healthy results at the three rivals reflect the momentum of growth in the auto industry.

Toyota has undergone tough times in recent years, such as a massive recall fiasco in the U.S. involving more than 14 million vehicles for sticky gas pedals, faulty floor mats, problematic brakes and many other defects, spanning several years from 2009.


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66 Comments

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frank1946

Slander over TPS System didn't effect them.

A Great Company.

Go Mr.Toyoda !

January 25 2014 at 7:23 AM Report abuse rate up rate down Reply
hsstempe

how the hell does an island with no natural resources become the worlds largest mfg of cars.....american stupidity ....Americans....buy American. period!

January 23 2014 at 4:46 PM Report abuse -1 rate up rate down Reply
1 reply to hsstempe's comment
obamasam0r0nl

They have work ethic, save their money, take care of their elderly and don't live on the public dole.

January 23 2014 at 7:39 PM Report abuse +1 rate up rate down Reply
Fred

The body styles of Toyotas are abour as pretty as a brown paper bag.

January 23 2014 at 4:31 PM Report abuse rate up rate down Reply
donna

Why are they discontinuing the FJ Cruisers? I think they are awesome and I feel really safe in them? Doesnt make sense!

January 23 2014 at 4:20 PM Report abuse rate up rate down Reply
jw10588

Type your comment here let me gues you purchased a 1980\'s or 90 american crap box (used) then you purchased a new jap car.

January 23 2014 at 3:37 PM Report abuse rate up rate down Reply
filmdriven

The American consumer is very smart! Toyota is a great vehicle. I own the smallest, cheapest Totyota made, the Yaris. It\'s a 2007 and has 157k miles on it. Did nothing but oil changes, completely trouble free. All the American cars I ever owended were nothing but trouble and did not last. How can I ever buy American again? No way!

January 23 2014 at 2:21 PM Report abuse -1 rate up rate down Reply
1 reply to filmdriven's comment
obamasam0r0nl

Ford's building very good cars. But they did manage to shoot themselves in the foot by partnering up with Microsoft and their junk software.

January 23 2014 at 2:29 PM Report abuse rate up rate down Reply
obamasam0r0nl

irqhide
Jackwagon, how does your wife like her Toyota?******* How do you like your VW?

January 23 2014 at 2:14 PM Report abuse rate up rate down Reply
welcome butch

TOTALLY JUNK AND DANGEROUS

January 23 2014 at 2:05 PM Report abuse rate up rate down Reply
Cool Hand

Separate article on AOL today listed 8 cars that are so hot, the dealers can't keep them in stock. Three of the top four models are Toyotas. I know that ordering a Tacoma here today, there's a four month wait. But I can walk into a Ford dealership and buy an F150 right off the lot...

January 23 2014 at 1:37 PM Report abuse +1 rate up rate down Reply
3 replies to Cool Hand's comment
pbjclv

If GM was more concerned about their products than their bonuses, they would capture more market share. This will never happen. The management of GM believes that they deserve multimillion dollar bonuses, no mater what place they are in. I don\'t find Toyota cars boring, because I never see one by the side of the road, broken down. Look at the consumer reports magazine and you will always find that Jap cars break down 1/5 as much as Ford or GM.

January 23 2014 at 1:21 PM Report abuse rate up rate down Reply