Thursday, February 14, 2013
Auto Industry Stock Outlook - Feb 2013: TM , TEN , SUP , NSANY , MTOR , MGA , HMC , GT , GM , FIATY , F , DDAIF
In January 2013, General Motors Company (GM - Analyst Report) led with an 18.7% market share in the U.S., followed by Ford Motor Co. (F - Analyst Report) with a 15.9% market share, Toyota Motors Corp. (TM - Analyst Report) with a 15.1% market share, Chrysler-Fiat with a 11.3% market share, and Honda Motor Co. (HMC - Analyst Report) and Nissan Motor Co. (NSANY - Analyst Report) at the last spots with 9.0% and 7.8% market shares, respectively.
Toyota recaptured the sales crown from General Motors by selling 9.75 million vehicles globally in 2012, which exceeded GM’s sales of 9.29 million vehicles. Germany ’s Volkswagen AG (VLKAY) came third with sales of 9.07 million vehicles for the year. Toyota’s victory can be attributed to its impressive product lineups and marketing initiatives.
Toyota lost its No.1 position to GM in 2011 after gaining the title from GM in 2008. The loss of crown was driven by declining reputation due to a series of safety recalls as well as negative impact from natural disasters in Japan and Thailand in 2011. However, the automaker had vowed to regain the top position by increasing its dependence on the non-U.S. markets, especially the high growth emerging markets. (more)
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