Toyota’s Quality problems hit US auto sales

Consumer demand


autos Feb10.JPGIn August, Toyota (red line) briefly replaced GM (blue) as the US industry leader. Last month, however, its recall problems meant its sales fell 16% versus last January, an even worse performance than Chrysler (purple).

Toyota’s problems are generally bad news for the industry, as they will inevitably impact overall public perceptions. Some will suspect that hard times have caused auto manufacturers to cut back on vital spending. This is particularly disturbing as Toyota was one of the Japanese companies who pioneered the development of Total Quality programmes, and helped export them to the west.

Overall (black line), US auto sales ran at a 10.8m annual rate. This is better than last year’s actual total of 10.3m. But it is still a long way from the steady sales picture during the 1995 – 2007 period, when the chemical industry could count on a minimum of 15m sales, worth c$45bn in terms of chemical sales (in 2010 money).


No news on Obama's plans for Fannie and Freddie


Its nearly 18 months since the US government nationalised the 2 home loan giants...

Learn more

US job losses hold back consumer spending


SOURCE: WWW.CHARTOFTHEDAY.COMUS consumers were responsible for 16% of total worl...

Learn more
More posts
China’s plastic ban and recycling launch marks end of ‘business as usual’ for plastics industry

Paradigm shifts start slowly at first, and it is easy to miss them. But then one day, they suddenly ...

Automakers face stiff headwinds in big emerging markets

Brazil, Russia, India and China disappoint as manufacturers face investment demands of EVs © Bloomb...

Portugal shows the way to climate neutrality by 2050

“If you don’t know where you are going, any road will do”. The Irish proverb’...

The next billion phone users will be buying $10 smart feature phones, not $1000 iPhones

Smartphone sales plateaued in Q3, down 9% since Q3 2017’s peak of 1.55bn, as the chart shows....

Companies ignore the Perennials 55+ generation at their peril

Nearly a third of the the world’s High Income population are now in the Perennials 55+ generat...

Auto markets set for major disruption as Electric Vehicle sales reach tipping point

Major disruption is starting to occur in the world’s largest manufacturing industry.  Hundred...

Smartphone sales continue their decline, whilst $25 smart feature phones open up new markets

Global smartphone sales have now been falling for 8 consecutive quarters, since Q3 2017. They are no...

Smartphone market decline begins to impact global stock markets

The bad news continues for the world’s smartphone manufacturers and their suppliers.  And Pre...


Market Intelligence

ICIS provides market intelligence that help businesses in the energy, petrochemical and fertilizer industries.

Learn more


Across the globe, ICIS consultants provide detailed analysis and forecasting for the petrochemical, energy and fertilizer markets.

Learn more

Specialist Services

Find out more about how our specialist consulting services, events, conferences and training courses can help your teams.

Learn more

ICIS Insight

From our news service to our thought-leadership content, ICIS experts bring you the latest news and insight, when you need it.

Learn more