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GM trao vương niệm cho Toyota
by 8DonCo Tue Jan 04, 2022 10:25 am
GM was America's largest automaker for nearly a century. It's about to be dethroned by Toyota
Toyota is about to become the leader in US auto sales for the first time, taking away a title that General Motors has held for nearly a century.
It's yet another sign that US automakers have lost their dominance in their home market.
As recently as 2005, Toyota was No. 4 in US sales, with GM, Ford and what was then known as DaimlerChrysler all in front, with a combined 57% of US sales between them. But in 2021, GM, Ford and Stellantis — the European automaker that owns Chrysler — had only 38% of the US market between them in the first nine months of the year. Even adding in Tesla only gets the US automakers to just over 40% of sales.
Both Toyota and GM are set to report year-end sales Tuesday. GM's (GM) sales have trailed Toyota's (TM) over the course of the first nine months, and its fourth-quarter results are expected to be behind Toyota's, too. Both companies are forecast to report sharp drops in sales last quarter.
GM fell slightly behind Toyota in second-quarter sales, and it was way behind in the third quarter. Toyota is forecast by Cox Automotive to report a 31% drop in sales in the fourth quarter — but GM sales are expected to fall 46%, which would allow Toyota to pad its lead.
Whether Toyota is able to keep the US sales lead in future years is uncertain, according to experts.
"I wouldn't expect Toyota to necessarily keep this lead," said Jessica Caldwell, executive director of industry insights at Edmunds. "It's not like GM is doing something magical all these years. They just have more channels to sell in and more brands."
GM suggested it expects to be back in the lead soon.
"The semiconductor shortage, among other things, created an unprecedented set of circumstances in 2021," the company said. "Even so, GM extended its lead in full-size pickups and SUVs. And 2022 begins with a gradually improving supply chain, and that should lead to growth in 2022 as we launch several new vehicles -- including EVs and redesigned pickups."
Toyota is about to become the leader in US auto sales for the first time, taking away a title that General Motors has held for nearly a century.
It's yet another sign that US automakers have lost their dominance in their home market.
As recently as 2005, Toyota was No. 4 in US sales, with GM, Ford and what was then known as DaimlerChrysler all in front, with a combined 57% of US sales between them. But in 2021, GM, Ford and Stellantis — the European automaker that owns Chrysler — had only 38% of the US market between them in the first nine months of the year. Even adding in Tesla only gets the US automakers to just over 40% of sales.
Both Toyota and GM are set to report year-end sales Tuesday. GM's (GM) sales have trailed Toyota's (TM) over the course of the first nine months, and its fourth-quarter results are expected to be behind Toyota's, too. Both companies are forecast to report sharp drops in sales last quarter.
GM fell slightly behind Toyota in second-quarter sales, and it was way behind in the third quarter. Toyota is forecast by Cox Automotive to report a 31% drop in sales in the fourth quarter — but GM sales are expected to fall 46%, which would allow Toyota to pad its lead.
Whether Toyota is able to keep the US sales lead in future years is uncertain, according to experts.
"I wouldn't expect Toyota to necessarily keep this lead," said Jessica Caldwell, executive director of industry insights at Edmunds. "It's not like GM is doing something magical all these years. They just have more channels to sell in and more brands."
GM suggested it expects to be back in the lead soon.
"The semiconductor shortage, among other things, created an unprecedented set of circumstances in 2021," the company said. "Even so, GM extended its lead in full-size pickups and SUVs. And 2022 begins with a gradually improving supply chain, and that should lead to growth in 2022 as we launch several new vehicles -- including EVs and redesigned pickups."
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8DonCo
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