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May 19, 2013 -- Updated January 28, 2013 19:44 HKT

Toyota NYSE:TM Takes Global Lead From General Motors NYSE:GM


paul@livetradingnews.com
Posted on: Jan 28th, 2013

Toyota NYSE:TM Takes Global Lead From General Motors NYSE:GM

VLKAY, HINOF, DHTMY

Toyota Motor Corp. outsold General Motors Co.and Volkswagen AG PINK:VLKAY last year, taking back the global sales lead after recovering from natural disasters and record recalls.

Worldwide sales at Toyota, including deliveries from its subsidiaries Hino Motors Ltd. PINK:HINOF, TO:7205 and Daihatsu Motor Co. PINK:DHTMY, TO:7262, rose 23% to a record 9.75-M units in Y 2012, according to a statement from the Toyota City, Japan-based carmaker. That compares with the 9.29-M units sold by GM and 9.07-M at Volkswagen.

Toyota has fully recovered from the earthquake and natural disasters a year earlier Japanese carmakers, including Toyota, will continue to benefit from a strong US market.

In Y 2008, Toyota ended GM’s 77-yr reign as the world’s largest automaker, holding on to the top annual sales spot until Y 2011, when it gave up the title after production was disrupted by natural disasters in Japan and Thailand.

Toyota traded at 4,340 Yen, unchanged from the last close, as of 2 p in Tokyo. The benchmark Nikkei 225 Stock Average slid 0.7% on the day Monday.











 

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Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
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 Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

 

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