Rus News Journal

Toyota left in world leaders

crisis has removed GM on the second place

Global recession of sales of cars has finished 77 - summer leadership American General Motors (GM), having given superiority by quantity of the let out units of production Japanese Toyota Motor. Both motor-car manufacturers have reported about annual results: GM has made 8,35 million, and Toyota - 8,92 million cars. One year ago rupture between them has made only 3,1 thousand cars and even if financial crisis would not knock down the automobile markets, Toyota, under forecasts of many experts, all the same would escape forward.

Following the results of 2008 recession of sales was fixed by both competing companies: GM realised on 11 % of cars less, and at Toyota this indicator was reduced to 4 %. Demand decreases everywhere though on economic midget cars with good fuel efficiency it falls with smaller speed to what given Toyotas testify. Till 2008 only in the USA motor-car manufacturers sold annually on the average 16 million new cars, last year this indicator has fallen to 13,2 million units. Under forecasts of the main analyst on sales GM of Mike Di Giovanni, in 2009 the American sales will decrease to 10 million car.

analysts notice that at GM many problems are now valid: the company tries to cut down expenses, to reduce debts, to lower quantity of dealers, to reduce quantity of brands, to receive 13,4 mlrd dollars in the form of state support. But at sale Toyota till now only grew - since 1999 this indicator has increased by 70 %. However the first recession for a decade has led to shifts in its management. In June the executive vice-president of Toyota Akio Tojoda, the grandson of the founder of the company, will hold a post of the president, having replaced Katsuaki Vatanabe. I will try to spend changes, without being constrained past - has promised g - n Tojoda. Estimating scale of problems, he has told that manufacturers once a century " has faced the crisis, happening;. Thus the Japanese company repeatedly underlined that global leadership is not for it the purpose.

simultaneously experts are not tired to remind that number one in the world autoindustry - only a title which does not bring benefit. that has bypassed Toyota GM in 2008, not so significantly if to take into consideration an event in the industry, in the markets and in all economy, - the expert of analytical agency IHS Global Insight John Volkonovits has told daily. - Thus, of course, the situation in GM is much worse, than in Toyota. It is interesting to observe, how Barack Obama`s Presidential Administration will cope with it .