The Global Auto Sales Race Heats Up

In the global automotive industry things are reallybrand equity at one point but failed as they
heating up as the traditional players fight for a topbecame stale and irrelevant amongst their
spot in the race for global dominance. Generalrespective competition. If Honda and Toyota can
Motors Corp., which has been number one inkeep the Accord and Camry nameplates going
terms of global auto sales for over 75 years, isafter more than 2 decades, why has Ford had
fighting to keep that title in the face of growingsuch a difficult time doing the same?The big news
competition from Toyota. Last year Toyota wasisn't just at the top of the list. Riding high on a
trailing General Motors by only 261,805global sales increase of over 11% in 2005, Hyundai
units.Though it looks inevitable that Toyota willAutomotive Group is in high gear. The Korean
claim top spot, increased sales in China (GM isautomotive giant has moved into sixth spot
now #1 in China beating former top dogbehind DaimlerChrysler. Since 1999, Hyundai has
Volkswagen) and surging sales in India havepassed established players such as Honda, Fiat,
buoyed global sales for the General despiteNissan, and Renault. Hyundai doesn't plan on
declining sales in North America. General Motorsgetting too comfy in sixth spot as they've set
boss Rick Wagoner recently stated "If we cantheir sights on being in the top five by the end of
keep growing where the opportunities are tothe decade.They've got their work cut out for
grow, someone's going to have to hustle prettythem as fifth place DaimlerChrysler is currently
hard to catch up with us like that." That said,selling about 1 million more vehicles annually. But I
according to the Wall Street Journal being #1 is nowouldn't bet against Hyundai. In the last 10 years
longer a top priority for Rick Wagoner andthey've beaten just about everyone's
General Motors.Ford Motor Company, once #2expectations.Volkswagen is holding steady in
globally, is in third place with sales at just over 6.2fourth place with over 5.2 million vehicles sold in
million units. Strong sales in Europe have offset a2005. 2006 and 2007 should see modest
seemingly endless sales decline of blue ovalincreases with the introduction of the next
vehicles in North America. Once best sellers likegeneration Golf (now known as the Rabbit) in
the Ford Focus and Ford Explorer now sit onNorth America and new models such as the
dealer lots as more innovative and freshVolkswagen Eos.Although nothing is for certain in
competition lure away new buyers. Ford would bethe auto industry, one theme holds true. No car
wise to devise a more coherent product planningcompany has an inherent right to the top spot. It
strategy instead of letting great cars waste awayhas to be earned through great cars and trucks.
without any clear vision.This is quite evident whenIn this list the big winner is the consumer.Peter
you look at the recently discontinued Ford TaurusJohnson is the chief writer for and The Owners
and Lincoln LS, vehicles that carried substantialManual e-zine.