Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Toyota is no longer biggest car company: now its German Volkswagen-Porsche
11-12-2009, 06:32 AM
Post: #1
Toyota is no longer biggest car company: now its German Volkswagen-Porsche
Volkswagen Steals Toyota's Crown as World's Largest Automaker
Sean Tucker

2009 Volkswagen New BeetleThe people want an empire, apparently, with that unassuming little black VW bug at the head of it.

The U.K.’s Guardian explains, "Volkswagen-Porsche has overtaken Toyota to become the world's largest car manufacturer as the German group benefits from state-backed stimulus packages around the globe." VW has "produced 4.4 million vehicles so far this year, outstripping its Japanese rival which has seen four million cars roll off production lines since January."


Ironically, VW reached the milestone in part by taking over Porsche – which it was forced to do after Porsche failed in an attempt to take over VW earlier this year.

"Of course," Autoblog notes, there is "some number play involved" in the Guardian’s numbers. "We're talking about the combined entity VW-Porsche, which has built 4.4 million cars to date, which is roughly 400,000 beyond Toyota's mark. However, Toyota halved its production earlier this year and shut down all its plants in February." VW also "benefited much more than Toyota from the European cash-for-clunkers programs," though Toyota saw more sales than VW spurred by the U.S. version of the car-swap program.

The news doesn’t just push Toyota down a notch. Jalopnik notes that VW has "passed Toyota and GM at the top of the heap." America’s largest automaker – the world’s largest just three years ago – now sits in third globally.

The change may not be permanent. The Guardian notes that Toyota "has the capacity to make 10 million vehicles a year but it expects to make seven million vehicles in 2009" as production picks back up. VW, however, may see its production increase long-term enough to stay ahead, or at least to take the title again even if it loses it later this year.

After all, Autoblog notes, "VW's also got the edge on Toyota" in the huge Chinese market, "where it has spent years introducing models."

http://autos.yahoo.com/articles/autos_co...automaker/
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Chinese Company Official Terms Gwadar Seaport CPEC's Vital Axis LRE-Azan 0 648 08-22-2023 03:03 PM
Last Post: LRE-Azan
  SSH, An International Construction Company, To Design Its First Signature Tower Proje LRE-Azan 0 965 02-11-2023 05:48 PM
Last Post: LRE-Azan
  Chinese Company Contracted To Build Pakistan Largest Airport Salman 0 5,162 07-13-2017 04:38 PM
Last Post: Salman
  German firm offers to produce gas, electricity from garbage Salman 0 10,774 10-14-2013 04:29 PM
Last Post: Salman
  Sindh Engro Coal Mining Company To Develope 6000 MW With Colabration of China Power I Salman 0 9,021 08-16-2013 12:05 PM
Last Post: Salman
  Chinese company to set up 300MW solar power plant in Cholistan Salman 0 9,810 08-03-2013 12:55 PM
Last Post: Salman
  Nandipur power project : Chinese company agrees to resume work on CM’s prodding Salman 0 7,174 07-06-2013 05:19 PM
Last Post: Salman
  Agreement signed to hand over Gwadar Port to Chinese company Salman 1 13,506 02-20-2013 02:15 AM
Last Post: LRE
  German investment in Punjab power projects safe: Shahbaz Salman 0 4,970 10-06-2012 11:15 PM
Last Post: Salman
  PSA Sold Gwadar Port Rights to Chinese Company @ $ 288.00 Million LRE 0 8,305 08-31-2012 09:29 PM
Last Post: LRE
  Gwadar port to be taken over by Chinese company: Minister informs Senate body | Pak Navy Asked to Vacate Land LRE 3 13,868 08-30-2012 10:49 PM
Last Post: LRE
  Pakistan to focus on German SMEs to promote investment Salman 0 4,067 05-19-2012 12:18 PM
Last Post: Salman
  Korean company to generate 300MW solar power Salman 0 5,307 05-11-2012 02:38 PM
Last Post: Salman
  Encroachments resurfaced in Karachi Company Salman 0 3,968 03-15-2012 01:09 PM
Last Post: Salman
  Toyota trade scheme to facilitate its value customers Lahore_Real_Estate 0 3,638 10-22-2011 01:38 PM
Last Post: Lahore_Real_Estate
  Apple wins key German patent case against Samsung Lahore_Real_Estate 0 3,622 09-12-2011 12:22 PM
Last Post: Lahore_Real_Estate
  LDA Biggest Housing Scheme "Soon" LRE 0 5,019 05-17-2011 05:56 PM
Last Post: LRE
  Lahore Waste Management Company Gets Rs 500 Million Loan! LRE 0 5,215 03-07-2011 08:07 PM
Last Post: LRE
  ‘German Shepherd Championship Dog Show’ held at Royal Palm Lahore_Real_Estate 0 6,180 02-28-2011 01:14 PM
Last Post: Lahore_Real_Estate
  wi-tribe ranked Pakistan's No 1 Broadband Company Lahore_Real_Estate 0 3,793 12-11-2010 02:33 PM
Last Post: Lahore_Real_Estate

Forum Jump:


User(s) browsing this thread: 1 Guest(s)