Monday, January 24, 2011

Mfarhanonline:Toyota ends 2010 as world’s biggest carmaker

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Mfarhanonline News Toyota ended 2010 as the world’s largest carmaker despite suffering a series of recalls and safety issues.
The Japanese company’s sales reached 8.42 million vehicles, just beating General Motors’ tally of 8.39 million.
Toyota’s sales, including truckmaker Hino and carmaker Daihatsu, rose 8% from 2009 due to strong growth in China and other Asian countries.
Toyota dethroned its US rival as the world’s biggest carmaker in 2008 – a position GM held for nearly 80 years.
The Japanese company, which had an impeccable reputation for quality, saw its image suffer in 2009, especially in America where it was the only major carmaker to see sales fall in 2010.
It recalled more than 10 million vehicles around the world for issues ranging from faulty floor mats to computer software faults.
Toyota’s North American sales last year totalled 1.94 million vehicles, down 2% from 2009. The company’s sales in Japan rose 10% to 2.20 million vehicles, with the Prius its best-selling model.

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http://www.mfarhanonline.com/2011012411840/toyota-ends-2010-as-worlds-biggest-carmaker/

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