Many
cars have turned thing upside-down by registering an outstanding world’s
record, beating Toyota by highly producing fast accelerating cars in demand. Although
this trend has never been stable, WV has not stood out to amazingly surprise the
entire world.
Here
is our TOP FASTEST CARS COMPANIES
in the year 2015 / 2016.
TOYOTA MOTORS
Country of Origin: Japan
Unit Sales (2014): 10.2 million
Number of Employees: 330,000
Toyota Motor surpassed the milestone
of 10 million unit sales in 2014, taking the lead as the world’s largest
automaker.
And although it lost out on the top
spot for the first half of 2015, Volkswagen's ascension to the top spot
is not a particularly devastating blow to Toyota, which remains immensely
profitable and retains strong global market share.
Riding on the back of the ever
falling Yen, Toyota's operating profit margin was 10.1%, while Volkswagen's
global operating profit margin was 6.3%. With the Yen expected to continue its
fall and Toyota's U.S. sales expected to maintain its growth (5.2% in the first
half of 2015), it may be still too early to write off Toyota as the king of
auto sales in 2015.
According to Amazing Rides, Car producing companies receive roughly $3,000 more for
each vehicle sold when the yen depreciates from 78 (its 2013 levels) to 100
(its 2014 levels) yen per dollar. Currently the Yen sits at 125 per dollar.
In the auto industry, sales matter
but profit is king, and profits are tremendously impacted by currency
fluctuations. With the Yen and Euro falling in value throughout 2015, one can
expect Japanese and European auto makers to continue their strong run.
VOLKSWAGEN
Country of Origin:
Germany
Unit Sales (2014):
10.1 million
Number of Employees:
592,586
The biggest industry news of
this year came from Volkswagen, which surpassed Toyota as the world's largest
automaker in the first half of 2015, despite falling sales in the U.S. Whether
the German automaker can retain the #1 title for the full year
remains to be seen.
In the U.S., sales of
the Volkswagen vehicles fell 10% in 2014, despite a 5.9% gain in overall
industry sales. For the first six months of 2015, Volkswagen brand sales fell
2.6%, compared to a 4.4% increase for the overall industry.
However, given that the
automaker claimed the top spot in China, the world's largest vehicle market,
and remains dominant in Europe, 2015 is looking to be a bright year for the
company.
GENERAL MOTORS
Country of Origin:
USA
Unit Sales (2014):
9.92 million
Number of Employees:
216,000
General Motors had a record
2014, with sales up more than 2 percent from 2013’s record led by strength from
North America and China.
2015 is set to be another
strong year for GM and its 4 brands, as record truck demand and an overall boom
in the North American market is expected to offset slowing sales in China.
The
American automaker is also benefiting from external market conditions, as it
saw its 2015 2Q profits rise despite declining global vehicle deliveries and a
3.5 percent decline in worldwide revenue.
RENAULT - NISSAN
ALLIANCE
Country of Origin:
France, Japan
Unit Sales (2014):
8.47 million
Number of Employees:
450,000
The French-Japanese
partnership increased combined global vehicle sa
les by 2.5%, with higher demand
for Nissan vehicles in the U.S.
and Renault’s strong performance in a
recovering Western Europe helping to lift 2014 global volume to a record for
the alliance.
The partnership is forecast
to have another strong year in 2015, as the low Euro and Japanese Yen are
expected to boost profits. Renault has already seen its profits rise a stunning
86% thanks to the weakening euro while Nissan has seen global revenue increase
2.6% despite losing 2.1% in sales and continued poor performance in key markets
HYUNDAI MOTORS
Country of Origin:
South Korea
Unit Sales (2014):
7.71 million
Number of Employees:
249,366
The South Korean
conglomerate (which includes Kia) had a remarkably difficult 2014, and it is
expected to continue to struggle through 2015. The number one reason for the
struggle? The strong Korean currency.
In 2014, Hyundai's sales
rose 4.8% and its sales revenue increased 2.2%, but it's net profit fell an
astounding 14%. With the Japanese Yen dropping 12% in value in 2014, the Korean
Won has seen its value rise to hit a seven-year high, cutting into the
company's profits from overseas sales. Similar struggles are expected to
continue this year, with the Japanese Yen and Chinese Yuan expected to continue
to fall in value as both countries attempt to boost exports by cheapening its
currencies.
FORD MOTORS
Country of Origin:
USA
Unit Sales (2014):
6.32 million
Number of Employees:
224,000
Ford is continuing its
winning streak, posting $4.27 billion in pre-tax
profit in 2015, up 7.3% from a year ago. Also, Ford reported record profits in
North America on the back of high sales numbers for its sport utility vehicles
and trucks.
