toyota number one spot not top priority
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Toyota :Number one spot not top priority

Arab Today, arab today

Arab Today, arab today Toyota :Number one spot not top priority

Tokyo - AFP

Japanese auto giant Toyota on Thursday played down its demotion from top spot in the world carmakers' league after US firm General Motors said it sold 9.03 million vehicles in 2011. Toyota had been the world's biggest carmaker since 2008, the year GM almost collapsed and the global financial crisis forced it to turn to the US government for a bailout. GM went on to file for bankruptcy in 2009 but has since recovered, returning to the stock market in November and selling 9.03 million vehicles globally in 2011, up 7.6 percent from the previous year. Toyota's production was badly hit by both the Japanese earthquake and tsunami in March and floods in Thailand, and its total worldwide group sales are forecast to come in down six percent at 7.9 million vehicles. If confirmed that will see Toyota slip to third place behind Germany's Volkswagen, which has said it sold 8.15 million vehicles during the year, up 14 percent from 2010. But Toyota spokeswoman Amiko Tomita said following GM's announcement: "Sales are important, to be first is important, but that's not the most important thing for us. "Our priority number one is to make cars people love, and not to be the first in the world. "As a result, if we are first, it's a good thing, but our priority number one is to make good cars. We don't chase numbers," she told AFP. The Japanese firm, which had long enjoyed a reputation for reliability, has had to recall millions of vehicles in recent years over a series of technical problems, including defective braking systems. Nonetheless it is hoping for a bumper 2012 both at home and abroad, setting ambitious sales and production targets, including a rise of more than a fifth in Toyota and Lexus brand sales. In turn Volkswagen is aiming to become the biggest automaker by 2018.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

toyota number one spot not top priority toyota number one spot not top priority

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

toyota number one spot not top priority toyota number one spot not top priority

 



GMT 08:16 2017 Saturday ,03 June

Singer Saad Lamjarred confident of his innocence

GMT 19:45 2017 Saturday ,09 December

'National homage' to French rocker Johnny Hallyday

GMT 13:23 2017 Tuesday ,18 April

Sophisticated Classic Dining Room Design Ideas

GMT 11:22 2017 Monday ,23 January

US pop star defends explosive anti-Trump speech

GMT 05:05 2017 Tuesday ,16 May

Daring Kidman is the queen of Cannes

GMT 06:28 2017 Thursday ,02 November

Timeline of major jihadist attacks in the US

GMT 11:01 2017 Tuesday ,31 January

Saudi 'Paul McCartney' in rare concert

GMT 09:36 2017 Saturday ,04 November

Al Naqash aspires to win final

GMT 17:46 2017 Monday ,17 April

Jordanian King issues 7th Discussion Paper

GMT 21:03 2013 Friday ,04 October

Norilsk Nickel to shed non-Russian assets
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday