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[FONT=Verdana, Arial, Helvetica, sans-serif]Toyota surges past DaimlerChrysler to occupy No 3 spot [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]Posted on : 2007-01-04 | Author : Anne Roberts [/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif]News Category : Business[/FONT]

http://www.earthtimes.org/articles/show/17638.html#
[FONT=Verdana, Arial, Helvetica, sans-serif][/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif]DETROIT: Japanese automaker Toyota Motor has replaced DaimlerChrysler in the Big Three U.S. automakers. It now occupies the No 3 spot in auto sales in the U.S. market for the whole of 2006.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Toyota's sales rose 13 per cent, marked by very strong December sales, with the total full-year sales standing at 2.54 million units, overtaking DaimlerChrysler, which had 2.39 million units. [/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]The company, the world's second-largest automaker may soon overtake General Motors in global sales.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Toyota also raised its U.S. market share to 15.4 per cent in 2006 from 13.3 per cent a year earlier. Asian companies together posted a gain of almost 3 percentage points to 39.4 per cent. The share held by GM, Ford and Chrysler's U.S. brands dropped to 53.7 per cent from 56.9 per cent.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]General Motors' annual sales fell 8.7 per cent to 4.07 million, with declines of 9.7 per cent for light trucks and 7.2 per cent for cars. Only its Saturn and Hummer brands posted gains. Its Buick and GMC brands had a 15 per cent decline.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]For Ford Motor, the annual decline in sales had been 7.9 per cent taking the number to 2.92 million vehicles. There was a 14 per cent drop in trucks and a 5.4 per cent gain in cars. This had been the company's lowest yearly total since 1991. Land Rover was the only brand to see a gain.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]DaimlerChrysler, which is the world's fifth-largest automaker, said its full-year sales fell 5.5 per cent to 2.39 million. Chrysler's declined 7 per cent to 2.14 million and Mercedes' gained 11 per cent to 248,080.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Honda's full-year sales in the U.S. rose 3.2 per cent to 1.51 million, its 13th straight annual gain.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Nissan sold 1.02 million cars and light trucks, falling 5.3 per cent from a year earlier. It was the company's first annual decline in the U.S. in five years.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]U.S. sales of cars and light trucks for the full year dropped 2.6 per cent to 16.56 million from 16.99 million, the lowest total since 1998. [/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]General Motors has reduced its North American production plan for first quarter 2007 by 20,000 vehicles, or 1.8 per cent from its forecast last month, to 1.17 million. [/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]All the three U.S. companies are losing money and have been cutting down North American production. Ford said Wednesday it is quitting the minivan segment and will end production of its Freestar. GM is cutting some 30,000 jobs and closing several factories by 2008. It has already sold its majority stake in its GMAC finance unit.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Toyota, on the contrary, is planning to build six more factories around the world by the end of the decade. [/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Shares of GM shares fell $1.27 to $29.45 in New York Stock Exchange composite trading, the biggest drop in six weeks. [/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Ford's shares remained unchanged at $7.51, while DaimlerChrysler's U.S. shares rose 62 cents to $62.03. [/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Toyota's American depositary receipts gained 99 cents to $135.30, while Honda's rose 17 cents to $39.71 and Nissan's dropped 11 cents to $24.16. [/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif]http://www.earthtimes.org/articles/show/17638.html#[/FONT]
 

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Toyota is now eying more North American capacity with this 13% rise in sales.

Reports say they are looking to the southern United States for it's eighth North American assembly plant and would have annual manufacturing capacity of 200,000 vehicles, with production starting in 2009. WOW, sure didn't know they had seven plants already in the US! If you live South it could be built near you, since they are looking @ Chattanooga, Tennessee, Marion, Arkansas and North Carolina. The new Site Location should be announced this month.

If Nitro had just come out earlier? Who knows?
 
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