In the first half of the year, international vehicle sales of Volkswagen surpassed Toyota. The German manufacturer proceeds toward the top in the strongly competing count for the first time.
Toyota’s slight drop in magnitudes could be a result of the company’s drift away from higher volumes to higher quality and improved sale. The automaker plans to postpone construction of new production facility, which was planned to be established before 2016, and concentrate on inflating margins and launching new models with high efficiencies. North America and China, the two mega-auto markets, will be important for Volkswagen in order to acquire the global sales lead.At the same time, Toyota Motors looks very much interested in China expansion in an effort to keep the pace with its strong opponents, Volkswagen and General Motors, in the country. Volkswagen is also making its North America’s operations strong, in order to build on its solid position and achieve further growth. The German company had already indicated its aim of becoming the world’s largest automaker before 2018, which might be accomplished within this year itself.Toyota cars manufacturer said, “It trades 5.02 million vehicles from January to June of this year.”The German manufacturer’s sales were adequate in Europe and North America but declined in China, a mighty hub for the association. Chinese automobile market and excessive demand pressure for the grand luxury category, Audi and Porsche, are assumed as the major business factors for Volkswagen this year.Despite decreasing volumes in America, Volkswagen has supervised to adjoin on Toyota financial lead mostly due to the high sales in China, the fastest growing automobile industry. China is anticipated to form 30% of all international volumes before 2020.The German carmaker is looking forward to be the largest selling automobile organization and apart from the supposed development in automotive trade in China, especially for foreign manufacturers, it is focused to rise on its lead in this market with more potential additions and launching new cars. This will provide a benefit to the company over Toyota in the race for the international vehicle trade headband. Volkswagen markets 10.14 million vehicles in 2014. Golf cars and Beetle Bugatti, Porsche, and Audi brands are under the group of Volkswagen. The ranking could still vary when numbers come in for the whole year.The company’s CEO, Martin Winterkorn, will reveal a new plan for the automaker, known as Future Tracks, by year-end. A German magazine report said, “VW's current strategy aims to become the top global automaker in terms of vehicle sales, profitability, and customer satisfaction by 2018. VW may reach its goal of selling more than 10 million vehicles worldwide this year, four years earlier than planned.”
It could secure top spot in the midsize truck market, only if the Japanese automaker plays its cards right.
Toyota Motor Corp (NYSE:TM) has sounded confident that its 2016 Toyota Tacoma 2016 model, set to be released early next year, will help it to propel in the top spot in the mid-sized truck market. That is great if the company is aware of the methods to play its card right. In today’s fast changing 'globalized' world, nothing is certain – especially when the Japanese automaker has many roadblocks ahead.First, starting with the ‘wow factors’ of the truck, its low drag has made it possible for the vehicle to drive down on the road as smooth as possible, for which credit is rightly given to the company’s engineers, who have certainly made it possible. According to reports, it has the lowest drag coefficient in the entire market segment, which is quite an achievement for Toyota itself, since that translates into improved fuel efficiency.A good deal of attention has been paid towards the ideal approach and departure angles, in which the break over angle is currently attached at 29 degrees and spread 21/31 between the front and the back.Another noticeable aspect is the redesigning of the company’s truck bumper, but Toyota had come up with a very good explanation for that, which makes sense too. New regulations will spring up in the coming few months regarding the safety of pedestrians, which required a radical change in the design of the bumper vehicle and 2016 Tacoma responds to those issues.As mentioned previously, the truck has a high fuel efficiency standards that will help the product ‘penetrate’ into the market, even though there is no final word out from the EPA to lend credence to those claims, making it difficult to know if it will be a market leader for it.The truck engine will be powered by the V6 design, which is not available in any of Toyota’s other models, such as the Lexus, and from the looks of it, it seems to have the potential to take shot past the Chevy Colorado or GMC Canyon for its fuel performance, but it is too early to tell.In addition to the high-powered engine, other internal features of the truck include two types of transmissions, a six-speed automatic gearbox, and a six-speed manual option. Speed manual is preferred because that is where there is more control of the speed of the car to check for fuel consumption for the environment conscious people, but automatic speed should not be ruled out either.More surprises could be in store when the car will be officially launched, so it will not be surprising what else comes out of this 2016 model truck. Toyota’s stock price ended the day at $137.70, down 0.40% from the previous day.
The automakers have successfully topped the list of companies making the most sales in the first fiscal quarter of 2015.
In the most recent Toyota news, it has been seen as a pleasant surprise that the first has managed to get the first position to make the largest sales in the first quarter of the financial year 2015. The total cars that the firm has sold have come around 2.52 million, as per a report submitted by AFP Tokyo. This number has come about to be a massive one considering the kind of sales that the firm has made and it has turned out to be quite a success for the Japanese auto giants. Keeping in the mind the fact that the company on an overall basis witnessed a dip in the demand on the local level, this number of sales carried out has been no doubt commendable.In the report presented by AFP, it has been observed that Toyota cars managed to not only beat German Volkswagen in the process of topping the list, but it also left behind GM Company which is an American firm. The Japanese automakers have made successful sales by being ahead not by a small margin but by a huge difference as Volkswagen has come next to the firm with its sales coming around at 2.49 million. As for General Motors, the firm only managed to sell around 2.4 million cars, securing the third position in making the most sales in the first fiscal quarter of the year.If the past performance of TM sales is taken into consideration, it will be seen that the demand on a general level has seen a decline which is why the sales fell around 2.5% in the quarter as compared to the sales made in the previous one. For the full financial year of 2015, the expected sales are expected to be made around 10.23 million. The sales might be decreasing for the year and the reason given by analysts is that it shows that the Japanese giant is taking all the queries into consideration which arose after the customers faced some safety issues in the cars that they bought from the company.The first time Toyota Company managed to beat all the other companies on the globe, like General Motors and other auto giants, was in 2008 when the first managed to top the list. Due to the natural calamities that hit Japan after that, the firm stumbled and took some time to get back in a position again. However this time around, the firm has shown that it has nothing to fear and a lot to do in the upcoming year, keeping in mind the amazing sales made in the start of 2015.
The Japanese automaker has decided to call back around 5 million cars to fix the issue of having faulty air bags.
Toyota Motors has reported it will be recalling cars from all over the world to fix the problem of having air bags that are not up to the mark and have faults. Along with it, Nissan Motors and Honda Motors will also be following suit.According to a news report by Bloomberg, it was seen that around 6 million cars in total are being requested by the respective companies for the purposes of solving issues in them that have long been prevailing. The major reason for the Japanese firm to be recalling its cars from all over the globe is the emerging problem of faulty airbags that have suddenly surfaced.As per available records, Toyota (TM) Company has decided to call back around 5 million cars which include various models produced and manufactured by the firm. Among all the cars being called back to the firm, 35 models are the ones that were released by the Japanese firm between the time period of March 2003 and November 2007. The company has released a report in which it has raised concerns over the unusual activity of the airbags that has been seen to deploy at random moments, many times when it was not even needed. This going off of the air bag on the precise moment when the vehicle was hit by another car was taken into consideration by the auto making firm to realize that something was definitely seen to be wrong with them.According to recent Toyota news, it became evident that the firm will be calling back its cars in the start of June 2015 by first informing the customers. The total Japanese cars to be recalled by the firm have come around at 1.56 million, as reported by a spokesperson of the Japan-based company. This step that is being taken by the auto giants is due to the safety campaign that has gained momentum recently. As a result of this campaign, around ten other auto making companies in the industry have been calling back cars to fix the issue since 2008.According to a Japanese analyst Takeshi Miyao, it has been noted that this problem has suddenly surfaced and is now being looked into by Toyota and Nissan as before both the companies were unaware of such a problem taking place in the air bags that they were placing in their cars. Takata Corp, who is responsible for providing the automakers these airbags have also been not aware of the fault in the bags they were providing.
