Monday, January 31, 2011

Hyundai Kia Overtakes Ford, While G.M. Threatens Toyota in 2010 Global Sales

High placement on the global best-seller list may not have the same immediacy for vehicles as it does for books, but it brings bragging rights and probably influences sales to some degree.

The biggest global-sales story of 2010 may be the Hyundai Kia Automotive Group, which overtook Ford — despite the latter’s string of profitable quarters — for fourth place by a margin of more than 400,000 vehicles. In 2009, Ford topped the Korean automaker by about 40,000 vehicles.
Another switch found Nissan besting Honda and Peugeot, a year after both makers outsold Nissan. Similarly, Renault, which had trailed Suzuki, overtook it  in 2010.

Volkswagen held onto its No. 3 spot with sales of 7.14 million, an improvement of more than one million over 2009. But VW would have been shut out of the top three if the Renault-Nissan sales figures — which, including Lada, totaled 7.28 million — had been reported as one. Combined, Fiat and Chrysler sales would have put their relatively new alliance at No. 9.


For many years, General Motors held the top spot, but Toyota surpassed the American automaker in 2008. In 2009, Toyota solidly trounced G.M., recording 7.2 million global sales to G.M.’s 6.4 million, but in 2010 G.M. made up ground as Toyota suffered from recalls and bad publicity. G.M., for its part, benefited from a government infusion of cash and an improving United States auto market. Toyota eked out its win, topping G.M. by about 30,000 units.

Read More: http://wheels.blogs.nytimes.com/2011/01/28/hyundai-kia-overtakes-ford-while-g-m-threatens-toyota-in-2010-global-sales/

Chicago Hyundai

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