vegasdriver

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

Roddimus Prime

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.

vegasdriver

Yah, its pretty sad.
I believe that health insurance costs are a main factor in loss per vehicle......

scotty878

Toyota > GM

Roddimus Prime

hmm...yes and no

corvette Z06 > all

corolla > none

ghettopro

Supra > Vette

but that doesnt count does it?

macdaddyslomo

considering it aint true ???

nope. doesnt count

on topic

Toyota WILL surpass GM as the #1 car company in the world, VERY soon

zerocover

GM has to get off its *** and get rid of all the workers that are making way too much.


Average Labor Cost per U.S. Hourly Worker
Source: GM & Toyota

GM:
$73.73

Toyota:
$48

Roddimus Prime

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.

vegasdriver

That time has arrived where some lazy *ss southern people, can actually get themselves to work and be productive! (jk)

meGrimlock

omg 460,000 retirees. they need to take a page from the airline industry and cut them off.