Changing Tides: GM Beats Toyota In June Sales

Changing Tides: GM Beats Toyota In June Sales
General Motors Corp. soundly beat Toyota Motor Corp. in June to retain its traditional U.S. sales lead, but GM sales still dropped 18.2 percent during a dismal month for large automakers.

Toyota's U.S. sales fell 21.4 percent, while Ford Motor Co. said it sales tumbled nearly 28 percent. Chrysler LLC took a huge hit for the month with sales down 35.9 percent.

GM's shares bounced more than 2 percent higher in late trading Tuesday after sinking to their lowest level in more than a half century during Monday's session.


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0to600to60 - 7/1/2008 5:31:03 PM
0 Boost
Agent009 loves to report bad news about toyota. I think he gets off on it. Sad...


222max222max - 7/1/2008 5:53:19 PM
+4 Boost
Not really. Look at the headlines on the home page. There's plenty of pain to go around for almost all the automakers.


0to600to60 - 7/1/2008 7:07:38 PM
+1 Boost
Yet in the Lexus post it appears he isnt aware of that.


WorldofLuxuryWorldofLuxury - 7/1/2008 7:58:49 PM
+1 Boost
lol
amazing that 001 & 009 can work together


droptopdroptop - 7/1/2008 11:19:33 PM
+1 Boost
When you're GM and your cars need to be replaced every 3 years, how hard is it to outsell a company whose cars last for 10-20 years?


Agent009Agent009 - 7/2/2008 8:41:54 AM
+2 Boost
001 and 009 work together quite nicely BTW.


icedogsvlicedogsvl - 7/1/2008 5:41:11 PM
-2 Boost
GM is obviously not being truthful...or counting "the vehicles someone walked past" on their lot as sales


85bmw745i85bmw745i - 7/1/2008 7:18:23 PM
+1 Boost
GM has so many brands, that is why they outsell everyone. If you only counted chevrolet it wouldn't even be close to toyota or anyone else. what do they have, 7 different brands 8 if you counted saab. Cadillac, Buick, GMC, Hummer, Saturn, Chevrolet, Pontiac. With that many brands they ought to outsell everything else, even though they are all rebadges of eachother.


85bmw745i85bmw745i - 7/1/2008 7:18:52 PM
-2 Boost
Not to mention all of the fleet sales they have from all 7 of those brands.


0to600to60 - 7/1/2008 9:12:37 PM
-1 Boost
85bmw745i, never thought of it like that, but you are right!


91z4me91z4me - 7/1/2008 11:39:10 PM
+1 Boost
It is a shame that a company has a good month and yet people can't recognize that and just tries to kick the dog when it is down. Grow up people GM had a good month just acknowledge that.


ChicaneShooterChicaneShooter - 7/2/2008 6:04:10 AM
0 Boost

so, a "good month" for gm is one where its sales shrinkage is "only 18%" but toyota's is 21%? there is NOTHING to celebrate. for anyone.




91z4me91z4me - 7/2/2008 1:10:27 PM
+1 Boost
A good month is you shrinking less than your nearest competitor. If you haven't notice the whole market is dropping like a rock not just GM, Ford, or Chrysler.


ChicaneShooterChicaneShooter - 7/5/2008 3:22:27 AM
0 Boost

for the last generation, the Lexus ES was designed and brought to market first. then the camry followed.

the ES is the HIGHEST QUALITY CAR you can get for the money.
the camry v6 is essentially a DE-CONTENTED lexus ES; the 4 a lower cost version. both are extraordinary BARGAINS for the price.

which partly explains the camry being the BEST SELLING SEDAN for years.

(who CARES if the auto rags have written up the new malibu as if it's 'better' than the camry. NO ONE will try to relate it to a caddy. look at the prices of 4-7 yr.-old malibus vs. camrys. the latter is JUSTIFIABLY related to lexus ESs. in both REALITY and in people's perceptions.)




MercedesBenz00ZMercedesBenz00Z - 7/1/2008 5:53:21 PM
-3 Boost
Why do they buy GM cars seriously? They must be brainwashed by the nationalists or something.


85bmw745i85bmw745i - 7/1/2008 7:19:21 PM
+2 Boost
foolish pride, but GM is making some good cars now I must say.


MercedesBenz00ZMercedesBenz00Z - 7/1/2008 11:26:43 PM
0 Boost
But still the Japanese and the German brands are a lot better.


Maverick2020Maverick2020 - 7/1/2008 6:00:10 PM
+2 Boost
GM has always beat Toyota in the US in total sales.

In May, Toyota came within 10,000 units of beating GM, which would have been historic.

GM made damn sure it wouldn't lose the sales crown and had its 72-hour sale. Apparently that was pretty successful, helping what could have been a disastrous month.


thetruth01thetruth01 - 7/1/2008 6:50:56 PM
+3 Boost
How is this a changing tide? GM has beaten Toyota in the US every month of its existence. Typical 009 flame-baiting headline.


ChicaneShooterChicaneShooter - 7/2/2008 5:52:24 AM
-1 Boost

toyota beat out gm in total sales WORLD WIDE last year. if/when it beats gm in the US as well, that would really be news. which ALMOST happened.

and likely will; it being just a matter of time.






91z4me91z4me - 7/2/2008 1:11:41 PM
+1 Boost
Actually I think Toyota beat GM in production, not sales.


ChicaneShooterChicaneShooter - 7/5/2008 3:30:55 AM
+1 Boost

sales is ROUGHLY equal to production. when the figures don't match, you have a huge inventory of unsold cars. no mass marketer has a better control of inventory than toyota, so i presume their stocks of cars built but not sold, was small to non-existent. (over a year. month to month, of course it varies.)

i think GM's claim of 2007 total sales also had to be reduced, as they were claiming sales from subsidiaries which they owned less than 50% of.




EL34EL34 - 7/1/2008 7:40:20 PM
+3 Boost
Thank you 009 for this positive report.

Must be the Pontiac Vibe kickin' butt :-/


ChicaneShooterChicaneShooter - 7/2/2008 5:57:14 AM
+1 Boost

LOL! for once, i'm boosting you, EL! (presuming you DO KNOW the vibe is a rebadged TOYOTA. :-))


ChicaneShooterChicaneShooter - 7/5/2008 2:50:15 AM
+1 Boost
"...It's becuse forign companys investing a little money here and taking huge prophits over sea's yea a forign automaker may give you a job (almost half of what the US maker would have paid you) so now yoy have Hundreds of thousands of folks with jobs that paid half as much as they used to make that works for a company that sends most of the money over sea's shrinking the American economy dramaticaly..... "

a few misconceptions here. 1) employees of foreign 'transplant' factories make CONSIDERABLY MORE than just 'half' what workers for u.s. companies earn. 2) only a FRACTION of u.s. workers are as OVERPAID as uaw workers, who shot themselves in the feet with their greedy demands, backed with strikes no company can exist with for very long. why do you think the former big 3 have SHUT DOWN u.s. factories, and built NEW ONES in mexico and canada? and import ever more product from asia?
3) japanese and german autoworkers EARN MORE in their homelands; one factor for the transplants. which ironically, are put despite RESISTANCE from homeland workers, who see "their jobs" being exported to u.s.!

further, the profits foreign companies earn here are ALMOST USELESS in their native lands. UNTIL converted to the local currencies. the companies ONLY get the benefit of dollars by SENDING THE DOLLARS BACK to the u.s., by building factories or making other investments. (or indirectly, thru tourists than buy the dollars for use here.)

dollar 'reserves' that accumulate in foreign countries, are like checks we write that ARE NEVER CASHED. only when the dollars come back to the u.s. for american goods, services, and factories, are they "cashed."




ChicaneShooterChicaneShooter - 7/5/2008 3:08:38 AM
+1 Boost

i don't deny things ARE beginning to look bad here, economically. but don't blame it all on americans' love affair with foreign cars.

MUCH GREATER FACTORS are at work. 1) high oil prices 2) the plummeting dollar 3) Dubya THINKING that the 'guns and butter' policies we've had since the vietnam era would work forever. IT DOES NOT! THE LONG RIDE IS OVER!

the war is DRAINING $1 TRILLION out of the u.s. economy. projections are it will cost $3 trillion before it's all over.

the u.s. has 'progressed' from spending more on the military than the next 14 countries, combined... to NOW spending more than the WHOLE rest of the world combined!

nearly all of history's great empires have fallen because the COST OF MAINTAINING and 'defending' the whole empire became unsustainable.

the american economic empire is on the verge of collapse. batten down the hatches, folks! get ready for a new DEPRESSION. (not just a namby-pamby Recession, which itself scares folks who don't wanna even hear the "R word.")

pay off all the debts you can, and get the GAS STINGIEST vehicle you can! even if it's a SCOOTER.
gas guzzlers are going the way of the dinosaurs. (it's only fitting, considering they SUCKED UP and PISSED AWAY more dino juice than other vehicles!)





MercedesBenz00ZMercedesBenz00Z - 7/1/2008 11:27:36 PM
-2 Boost
Go GayMan?


BigShow50BigShow50 - 7/2/2008 12:50:48 AM
0 Boost
GM can beat Toyota every month all the way to the end of the year...but the sad part about GM...there is really no such thing called "profits" in their books...and that is the simple truth. They should really be concern about the Hyundai brand than anything else at the end of the day.


Agent63Agent63 - 7/2/2008 11:23:39 AM
+1 Boost
It doesn't matter if GM has more brands it's how many cars each brand produces a year. Toyota has well Toyota firstly, Scion, and Lexus.


ChicaneShooterChicaneShooter - 7/12/2008 3:53:18 AM
+1 Boost

what's interesting is that gm, toyota, and mercedes are all FULL LINE car companies, making everything from basic sedans, to limos, to trucks and suvs, to commercial vehicles.

until recently, gm had all this production spread out among a whole slew of brand names.

mb and to a lesser extent toyota, made ALL their vehicles under a SINGLE brand name.

mb now has their most basic econoboxes under the Smart brand; toyota expanded with lexus and scion.




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