Posts Tagged automotive industry

Toyota Motor Company Developing Low Cost Car

As far as automakers are concerned, the three most important emerging markets are China, Brazil and India. Many of the world’s largest automakers have started to focus their expansion efforts on these three countries and for good reason. China has helped Audi expand its sales growth the most, and the company has recently overtaken Mercedes-Benz in sales this year. Most of this is thanks to its long time successful operations in an exploding Chinese auto market.

Many automakers are making cars especially for their customers in these markets and the Toyota Motor Company is following suit. Toyota is currently in the developing stages of a new low cost car made specifically for customers in China, India and Brazil. The price of the car is set to cost around $11,000 making it more affordable for the masses. With such a low price car Toyota has the chance of gaining a massive amount of sales in these countries with some of the largest populations in the world.

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Gear Up With The Works: GMC Parts

Got troubles looking for the right parts? GMC Parts as well as car accessories of different kinds can be acquired through GM Service and Parts Operation. In the course of its circulation, GMC Parts, sold under the GM brand, as well as the GM Performance Parts brand and GM Goodwrench, has earned a substantial following among consumers that has ensured the stability of GM’s place on top of the chain. If you’ve never gone for any brand other than GMC Parts for your car’s replacement parts, you may find yourself familiar with these names since these are the brands that supply GMC dealerships and distributors as well on a worldwide scale. Incidentally, ACDelco is another GMC brand of auto parts.

At one time or another, when other automotive companies were being forced to close their doors or sell their businesses on the market left and right, General Motors Corporation, or GM, had continued, and still does, to be the leading automaker in the world. Since it was established in 1931, GMC has grown and evolved into a corporation that now has manufacturing plants to be found in over 33 countries. Following in the heels of this thought, it is not hard to believe that General Motors even grew to be the largest company across all states of the U.S. at one point in history. The GM Corporation locates its head offices in Detroit, Michigan. Among the countries GMC operates in is China, under the banner of “Shanghai GM.”

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Will GM Be Going Chinese?

Will General Motors, the number one auto manufacturer in the United States, be going Chinese?

It may actually be so. You see, just last 6th of November, General Motors has informed the public that they would be building their own range of hybrid cars that are known to be friendly to be environment in the Asian country of China. This would be taking effect and would be starting operations come the year 2008.

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Toyota Takes a Hit

Toyota the world’s largest car manufacturer endured a treacherous a year; it had to recall a number of vehicles for brake related issues. Toyota’s recalls ignited a media frenzy and customer panic as the brake related issue had caused a few major accidents particularly with the Hybrid Prius Model. As well as the Prius many other models were recalled for precaution, all this negative publicity has not done Toyota any good.

China has been a growing market for automotive manufacturers this year, along with Nissan and Honda, Toyota also produced a record number of vehicles for the Chinese market, but even that did not prevent Toyota from producing 12.5% fewer vehicles. Toyota’s October vehicle production dropped to 687,660 units, 62,124 of those were for China, an increase of 4.4% year on year.

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