GM claims it is world’s largest manufacturer, but Volkswagen says it’s not true!

Article by Christian A., on January 23, 2012

Update: GM gave us their point of view  - "Actually, GM only posted it's 2011 Global sales numbers. We left the analysys of how that measured up, within total industry sales, to others."  -- Worldwide sales last year of General Motors Co. rose by 7.6%, to 9.03 million vehicles, when compared to 2010.

But the question of whether GM or VW was the world's biggest seller last year can’t be easily pinpointed. It actually depends if minority-owned affiliates and truck companies are included, and also if vehicles like microvans sold in China are considered too. GM asserts that it sold about 1 million units more than Volkswagen Group, which also claims to be No. 1. According to The Wall Street Journal, VW think that it should be the top-seller for 2011 if sales of all of its affiliates were included.

The figures that VW released don’t include sales from truckmakers MAN and Scania, which will be added in a few weeks, according to a Volkswagen spokesman. It’s possible that these truckmakers will add 200,000 vehicles to VW's sales total. However, competitors and several analysts say that GM's numbers are pumped up by sales from its China partnerships with SAIC Motor Corp. and Wuling Motors Co.

GM excludes Wuling sales (with a total of 1.29 million microvans last year) from GM's total in a few tallies since GM holds a 44% minority stake in the partnership. In the same way, GM holds a 49% stake in its other big Chinese joint venture, Shanghai General Motors Corp., which reported sales of 1.20 million units in China in 2011.

Under China's investment rules, foreign automakers are limited to a maximum 50% stake in their Chinese joint ventures. Volkswagen sold 8.16 million vehicles in 2011, an 11% increase. Of this figure, over 2.2 million are from China, where VW has a 50% share of Shanghai Volkswagen Automotive and a share of FAW-Volkswagen Automotive.

Topics: gm, vw, sales

If you liked the article, share on:

Comments

Recommended

You probably heard about Ford’s CEO Mark Fields’ departure from the company. Fields has spent almost three years with the company, and now, he is going to be replaced by...
by - May 28, 2017
A racing team is claiming that it has managed to break the lap record in its category in the ever-demanding Nurburgring circuit in 2016 while driving a road-going Volvo S60...
by - May 27, 2017
Aside from the officially confirmed BMW 8 Series, the next generation BMW M5 (F90) is getting a lot of attention from the fans, enthusiasts and even potential customers around the...
by - May 27, 2017
Automobili Lamborghini’s preparations for the production of its first ever sports utility vehicle, the new Lamborghini Urus, has reached new grounds as the Italian carmaker is disclosing plans to construct...
by - May 26, 2017
The upscale version of the GMC Yukon body-on-frame sport utility vehicle – the GMC Yukon Denali – has been refreshed for the 2018 model year. It now sports a new...
by - May 26, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries