Toyota has, for the third year in a row, maintained its top spot as the leading car manufacturer by selling a total of 10.23 million vehicles in 2014. A growth of 3%, which includes figures from Toyota’s Hino and Daihatsu divisions, sees the Japanese firm break the 10 million-unit barrier for the first time.
Trailing closely behind is the Volkswagen Group, with a total of 10.14 million vehicles sold, including figures from its two heavy-vehicle divisions. An increase of 4.2% also sees the Wolfsburg-based automaker sail past the 10 million-unit ceiling.
Standing on the final step on the podium is General Motors (GM). With only a 2.1% increase in sales quoted, GM wasn’t close enough to hit the milestone with 9.92 million vehicles delivered. For those who are unaware, GM held the sales crown for close to eight decades before Toyota snatched it away in 2008. GM recovered the title for a year in 2011.
With that said, analysts have forecasted that 2015 could be Volkswagen’s year as Toyota has implemented a freeze that will see the firm hold back on establishing new production plants. On the other hand, the Volkswagen Group has stated its intentions to raise its annual production capacity in China to four million units by 2018.
Toyota has projected a 1% decline in sales figures for 2015, to 10.15 million vehicles. “Their (Toyota) focus is not No. 1. Toyota is more concerned about keeping profitability than chasing numbers. So for coming years, I wouldn’t be surprised to see Toyota selling fewer cars than VW,” said a Tokyo-based analyst.
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AI-generated Summary ✨
Comments largely praise Toyota's global success and reputation for reliability while criticizing its Malaysian operations for reduced safety features, outdated models, and poor safety standards, especially the lack of VSC and airbags in locally assembled cars like Vios and Camry. Many express disappointment over UMW's focus on profits at the expense of safety and quality, leading to decreased sales and poor RV. There is some envy towards competitors like Hyundai and Honda, which offer better safety features and value. Several comments also mock the cyclic nature of car safety and technology "fashions" and debate the true environmental impact of Toyota vehicles. Overall, sentiments are mixed; some support Toyota's global dominance, but many are disillusioned with its Malaysian market performance and perceived prioritization of profits over safety and quality.