Ford was the most successful automaker in the United States in 2010, supplanting Toyota as the runner up in sales behind Gm. Every automaker increased U.S. sales except Toyota, which saw a decline in numbers. Safety recalls involving Toyota cars affected its 2010 sales totals when new models released by Ford and Toyota were well received by United States car buyers. If the recalls continue with Toyota the automaker might just need pay day loans to stay afloat.
U.S. auto sales being looked at
U.S. auto sales rose 11 percent in 2010 over 2009 and each and every major automaker except Toyota reported a sales increase. When the bailout for automakers happened Ford was the only one in the U.S. who didn't take the bailout money. This is how the company led automakers in a 19 percent increase this year. Ford recorded increased sales for the second year in a row, a feat it hadn’t accomplished since 1993. United States auto sales were at 11.6 million units throughout the industry which is the first increase recorded since 2005 and also the largest bump since 1984 from a 10.4 million boost in 2009. There were gains for many cars. Large ones integrated Chrysler's Grand Cherokee, GM’s Chevrolet Cruze and the Ford Fiesta.
Why has Toyota lagged behind Ford?
In 2010, Ford passed Toyota to become number 2 in auto sales in the United States having sold 1.97 million units when Toyota only sold 1.76 million. Toyota reported that its sales were down 0.4 % for the year. Something called the "unintended acceleration" is why Toyota had to recall over 8 million cars and trucks within the world in 2010. The Japanese automaker temporarily suspended production and sales of eight models in the United States, including its best-selling Camry and Corolla. Existing models that had flaws were what Toyota worked on all year. New models were sent out by GM, Ford, Nissan and Hyundai though.
One of the most recovery coming from auto industry than anywhere else
The impressive performance leads analysts to believe that the United States auto industry is experiencing a legitimate recovery. The proliferation of new models and higher quality standards also has them declaring that Toyota’s days as the dominant automaker within the United States and also the world might be gone for good. United States car buyers just want new, well-made products as Ford and General Motors both showed in 2010.
Information from
Bloomberg
bloomberg.com/news/2011-01-04/gm-december-total-u-s-sales-up-7-5-est-up-4-3-.html
New York Times
nytimes.com/2011/01/05/business/05auto.html?src=busln
CNN
money.cnn.com/2011/01/04/news/companies/december_auto_sales/
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