driversonly
GM Sucker Punch
Filed in archive GM by Jeff Bressler on January 24, 2008
Illegal-Mexican-C.jpg
Is GM fudging the numbers in their Battle Royal with Toyota for the undisputed heavyweight championship of the world?

Well according to Automotive News, GM might have sucker punched Toyota while the referees back was turned.

Numbers released yesterday seemed to indicate a nose to nose battle between the two automakers. GM had a solid year in 2007, with global sales up 1.9 percent from 2006. But, Automotive News says it is now the world's second-largest automaker.

GM slipped well behind Toyota Motor Corp. in global sales. GM sold 8,885,599 total vehicles in 2007, while Toyota says it sold an estimated 9,370,000. Toyota will issue an official total in about a month.

Automotive News said GM included in its total 516,435 vehicles of the Wuling brand in China.

But GM owns only 34 percent of the Chinese company that produces Wuling vehicles, SAIC-GM-Wuling Automobile Co.

Shanghai Automotive Industry Corp., a major automaker in China, owns 50.1 percent of SAIC-GM-Wuling Automobile Co.

Automotive News follows industry practice by including sales of only majority-owned subsidiaries in an automaker's global total. For instance, sales of Mazda Motor Corp. are not included in Ford Motor Co.'s total because Ford owns 33.4 percent of Mazda.

So they subtracted Wuling-brand sales from GM's reported total, arriving at 8,885,599, making Toyota numero uno. So there GM.


Permalink: GM Sucker Punch
Tags: gm  toyota  2007  cars  advertisement  sucker+punch  book+yours  yours+here 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/111697
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for GM Sucker Punch:

  • Currently 6.50/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 6.50 out of 2 vote(s) cast.
Subscribe
Share It
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!