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The Global Auto Sales Race Heats Up

In the global automotive industry things point but failed as they became stale and
are really heating up as the traditional irrelevant amongst their respective
players fight for a top spot in the race competition. If Honda and Toyota can keep
for global dominance. General Motors the Accord and Camry nameplates going
Corp., which has been number one in terms after more than 2 decades, why has Ford
of global auto sales for over 75 years, had such a difficult time doing the
is fighting to keep that title in the same?The big news isn't just at the top
face of growing competition from Toyota. of the list. Riding high on a global
Last year Toyota was trailing General sales increase of over 11% in 2005,
Motors by only 261,805 units.Though it Hyundai Automotive Group is in high gear.
looks inevitable that Toyota will claim The Korean automotive giant has moved
top spot, increased sales in China (GM is into sixth spot behind DaimlerChrysler.
now #1 in China beating former top dog Since 1999, Hyundai has passed
Volkswagen) and surging sales in India established players such as Honda, Fiat,
have buoyed global sales for the General Nissan, and Renault. Hyundai doesn't plan
despite declining sales in North America. on getting too comfy in sixth spot as
General Motors boss Rick Wagoner they've set their sights on being in the
recently stated "If we can keep growing top five by the end of the decade.They've
where the opportunities are to grow, got their work cut out for them as fifth
someone's going to have to hustle pretty place DaimlerChrysler is currently
hard to catch up with us like that." That selling about 1 million more vehicles
said, according to the Wall Street annually. But I wouldn't bet against
Journal being #1 is no longer a top Hyundai. In the last 10 years they've
priority for Rick Wagoner and General beaten just about everyone's
Motors.Ford Motor Company, once #2 expectations.Volkswagen is holding steady
globally, is in third place with sales at in fourth place with over 5.2 million
just over 6.2 million units. Strong sales vehicles sold in 2005. 2006 and 2007
in Europe have offset a seemingly endless should see modest increases with the
sales decline of blue oval vehicles in introduction of the next generation Golf
North America. Once best sellers like the (now known as the Rabbit) in North
Ford Focus and Ford Explorer now sit on America and new models such as the
dealer lots as more innovative and fresh Volkswagen Eos.Although nothing is for
competition lure away new buyers. Ford certain in the auto industry, one theme
would be wise to devise a more coherent holds true. No car company has an
product planning strategy instead of inherent right to the top spot. It has to
letting great cars waste away without any be earned through great cars and trucks.
clear vision.This is quite evident when In this list the big winner is the
you look at the recently discontinued consumer.Peter Johnson is the chief
Ford Taurus and Lincoln LS, vehicles that writer for and The Owners Manual e-zine.
carried substantial brand equity at one




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