Toyota to slip down from number one position
Published On Apr 26, 2011 02:00 PM By Ritesh
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It seems that the world’s highest car selling company Toyota is going to loose its top position of being the highest selling car throughout the world due to drastic effects of Tsunami and the series of earthquakes that have badly hindered the economy of Japan. According to the company’s official sources the company shall be able to overcome the losses and meet the demand of the global users by the end of this year.
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This means by that time Toyota shall not be able to maintain its crown of being number one in the global auto ma rketand its position will be captured by the General Motors. General Motors has been a strong contender of Toyota and has been selling out the equivalent numbers of units every year as sold by Toyota. Last year also General Motors gave a tough competition of Toyota by selling 8.30 million units throughout the world, where as Toyota was able to sale out 8.42 million of vehicles.
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The higher sales of Toyota were mainly due to high purchase in the markets of China. It is also reported that the company is also bringing the production at its Burnaston and Derbyshire plants due to lack of spare parts. Apologizing to the customers Toyota’s President Mr. Akio Toyoda said that he sincerely apologizes to the customers who wished to buy the vehicles from Toyota, due to unavoidable delay in the delivery of their vehicles.
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He also added the workers have been sent in the affected areas to assist the workers in factories and conduct meetings with dealers and suppliers to regularize the supply of vehicles on time. Some relaxing news for Toyota can be that Tokyo’s transport situation is getting better but still its 6 percent less than what it had been before the disaster.
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