GM vs. Toyota: by the #'s
#1
GM vs. Toyota: by the #'s
GM vs. Toyota: By the Numbers
by Diane Geng
Dec. 19, 2005 -- General Motors has been the world's No. 1 automaker since 1931. But GM's dominant position is eroding rapidly. Last year, Toyota surpassed Ford Motor Co. to become No. 2 in the global vehicle market. Some analysts predict Toyota will catch up to GM in two to three years. In November 2005, GM announced that over the next three years it plans to cut 30,000 jobs and reduce capacity by 30 percent from 2002 levels. We compare the global auto industry's two titans, with an emphasis on the U.S. and North American markets.
Vehicle Production Started in U.S.
Source: GM & Toyota
GM:
1908
Toyota:
1986
Brands Sold in North America
Source: GM & Toyota
GM:
Buick, Cadillac, Chevrolet, GMC, HUMMER, Pontiac, Saab, Saturn
Toyota:
Toyota, Lexus, Scion, Hino
Best-Selling Vehicle in U.S.
Source: GM & Toyota
GM:
Chevrolet Silverado
680,768 sold in 2004
Toyota:
Toyota Camry
426,990 sold in 2004
U.S. Sales in 2004
Source: Harbour Consulting & Toyota
GM:
4,655,459
Toyota:
2,060,049
U.S. Market Share
Source: First nine months of 2005, Harbour Consulting
GM:
26.8%
Toyota:
13%
Vehicle Production in North America 2004
Source: GM & Toyota
GM:
5.2 million
Toyota:
1.44 million
Profitability per Vehicle
Source: 2005 Harbour Report
GM:
Loses $2,331 per vehicle
Toyota:
Makes $1,488 per vehicle
Net Income in the First 9 Months of 2005
Source: Harbour Consulting
GM:
$4.15 billion loss from North America operations off-set by profits in Europe and Asia for an overall loss of $3.8 billion
Toyota:
$7.89 billion (¥921.7 billion, converted at 116.81 yen to $1)
Number of Plants in North America
Source: GM & Toyota
GM:
77, all unionized. Plans to close 12 facilities by 2008 (see press release).
Toyota:
12, three unionized in Long Beach, Calif., Fremont, Calif., and Tijuana, Mexico.
Average Plant Capacity Utilization
Source: Harbour Report 2005
GM:
85%
Toyota:
107% using overtime workers
Production Time per Vehicle
Source: 2005 Harbour Report
GM:
34.3 hours, 2.5% improvement since 2003
Toyota:
27.9 hours, 5.5% improvement since 2003
North American Workforce
Source: GM & Toyota, Dec. 2005
GM:
White collar: 36,000
Production: 106,000.
Retirees: 460,000
Toyota:
White collar: 17,000
Production: 21,000
Retirees: 1,600
Average Hourly Salary for Non-Skilled, Assembly Line Worker
Source: Center for Automotive Research
GM:
$31.35/hour
NOTE: Includes idle workers still on payroll and those on protected status.
Toyota:
$27/hour
NOTE: Includes year-end bonus.
Health Care Costs per Vehicle in 2004
Source: 2005 Harbour Report & A.T. Kearny Inc.
GM:
$1,525
Toyota:
$201
Average Labor Cost per U.S. Hourly Worker
Source: GM & Toyota
GM:
$73.73
Toyota:
$48
Worldwide Sales in 2004
Source: Harbour Consulting
GM:
8.9 million
Toyota:
7.7 million
Global Market Share
Source: Automotive News annual ranking of the world's automakers by sales and production, figures for 2004
GM:
13.2%, down from 14.6% in 2002
Toyota:
10.9% up from 10.6% in 2002
Worldwide Vehicle Production Projected for 2005
Source: 2005 Harbour Report
GM:
9 million
Manufacturing operations in 32 countries, vehicles sold in 200 countries
Toyota:
8.4 million
Manufacturing operations in 26 countries and regions, vehicles sold in over 170 countries
by Diane Geng
Dec. 19, 2005 -- General Motors has been the world's No. 1 automaker since 1931. But GM's dominant position is eroding rapidly. Last year, Toyota surpassed Ford Motor Co. to become No. 2 in the global vehicle market. Some analysts predict Toyota will catch up to GM in two to three years. In November 2005, GM announced that over the next three years it plans to cut 30,000 jobs and reduce capacity by 30 percent from 2002 levels. We compare the global auto industry's two titans, with an emphasis on the U.S. and North American markets.
Vehicle Production Started in U.S.
Source: GM & Toyota
GM:
1908
Toyota:
1986
Brands Sold in North America
Source: GM & Toyota
GM:
Buick, Cadillac, Chevrolet, GMC, HUMMER, Pontiac, Saab, Saturn
Toyota:
Toyota, Lexus, Scion, Hino
Best-Selling Vehicle in U.S.
Source: GM & Toyota
GM:
Chevrolet Silverado
680,768 sold in 2004
Toyota:
Toyota Camry
426,990 sold in 2004
U.S. Sales in 2004
Source: Harbour Consulting & Toyota
GM:
4,655,459
Toyota:
2,060,049
U.S. Market Share
Source: First nine months of 2005, Harbour Consulting
GM:
26.8%
Toyota:
13%
Vehicle Production in North America 2004
Source: GM & Toyota
GM:
5.2 million
Toyota:
1.44 million
Profitability per Vehicle
Source: 2005 Harbour Report
GM:
Loses $2,331 per vehicle
Toyota:
Makes $1,488 per vehicle
Net Income in the First 9 Months of 2005
Source: Harbour Consulting
GM:
$4.15 billion loss from North America operations off-set by profits in Europe and Asia for an overall loss of $3.8 billion
Toyota:
$7.89 billion (¥921.7 billion, converted at 116.81 yen to $1)
Number of Plants in North America
Source: GM & Toyota
GM:
77, all unionized. Plans to close 12 facilities by 2008 (see press release).
Toyota:
12, three unionized in Long Beach, Calif., Fremont, Calif., and Tijuana, Mexico.
Average Plant Capacity Utilization
Source: Harbour Report 2005
GM:
85%
Toyota:
107% using overtime workers
Production Time per Vehicle
Source: 2005 Harbour Report
GM:
34.3 hours, 2.5% improvement since 2003
Toyota:
27.9 hours, 5.5% improvement since 2003
North American Workforce
Source: GM & Toyota, Dec. 2005
GM:
White collar: 36,000
Production: 106,000.
Retirees: 460,000
Toyota:
White collar: 17,000
Production: 21,000
Retirees: 1,600
Average Hourly Salary for Non-Skilled, Assembly Line Worker
Source: Center for Automotive Research
GM:
$31.35/hour
NOTE: Includes idle workers still on payroll and those on protected status.
Toyota:
$27/hour
NOTE: Includes year-end bonus.
Health Care Costs per Vehicle in 2004
Source: 2005 Harbour Report & A.T. Kearny Inc.
GM:
$1,525
Toyota:
$201
Average Labor Cost per U.S. Hourly Worker
Source: GM & Toyota
GM:
$73.73
Toyota:
$48
Worldwide Sales in 2004
Source: Harbour Consulting
GM:
8.9 million
Toyota:
7.7 million
Global Market Share
Source: Automotive News annual ranking of the world's automakers by sales and production, figures for 2004
GM:
13.2%, down from 14.6% in 2002
Toyota:
10.9% up from 10.6% in 2002
Worldwide Vehicle Production Projected for 2005
Source: 2005 Harbour Report
GM:
9 million
Manufacturing operations in 32 countries, vehicles sold in 200 countries
Toyota:
8.4 million
Manufacturing operations in 26 countries and regions, vehicles sold in over 170 countries
#2
amazing....here's what I found interesting.
"Profitability per Vehicle
Source: 2005 Harbour Report
GM:
Loses $2,331 per vehicle
Toyota:
Makes $1,488 per vehicle "
and...
"Average Hourly Salary for Non-Skilled, Assembly Line Worker
Source: Center for Automotive Research
GM:
$31.35/hour
NOTE: Includes idle workers still on payroll and those on protected status.
Toyota:
$27/hour
NOTE: Includes year-end bonus"
I'm obviously in the wrong line of work. I need to go to the honda or Hyundai plant here and see if they're hiring.
"Profitability per Vehicle
Source: 2005 Harbour Report
GM:
Loses $2,331 per vehicle
Toyota:
Makes $1,488 per vehicle "
and...
"Average Hourly Salary for Non-Skilled, Assembly Line Worker
Source: Center for Automotive Research
GM:
$31.35/hour
NOTE: Includes idle workers still on payroll and those on protected status.
Toyota:
$27/hour
NOTE: Includes year-end bonus"
I'm obviously in the wrong line of work. I need to go to the honda or Hyundai plant here and see if they're hiring.
#7
Originally Posted by ghettopro
Supra > Vette
but that doesnt count does it?
but that doesnt count does it?
nope. doesnt count
on topic
Toyota WILL surpass GM as the #1 car company in the world, VERY soon
#9
I love the fact that Alabama, Tennesse and Mississippi are the new Detroit. We've got Mercedes, Hyundai and Honda here within an hour of me in each direction. In MS, they've got Nissan and Nissan is building their new US headquarters in Smyrna TN where the Saturn (GM) plant is being closed in the near future.
Congrats GM you're the death of the US car market.
Congrats GM you're the death of the US car market.
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