Justin Sullivan/Getty Images
General Motors car lot

GM Sold Record 9.92 Million Cars in 2014 Despite Recalls

Jan. 15, 2015
The lofty GM sales are good news for a company hit hard by the ignition-switch recall scandal.

NEW YORK - U.S. auto giant General Motors (IW 1000/19) announced Wednesday it sold 9.92 million cars worldwide in 2014, setting a new record despite its recall of some 30 million vehicles over faulty ignitions blamed for at least 42 deaths.

GM's 2014 sales, which bested last year's record by two percent, still lag those of German giant Volkswagen AG (IW 1000/6), which logged 10.14 million cars last year.

And a press report in Japan said Toyota (IW 1000/8) surpassed both companies in 2014 with sales of 10.22 million. The Japanese automaker has yet to release full-year sales figures.

Volkswagen is expected to pass Toyota in 2015. A Toyota executive at the Detroit auto show told AFP the Japanese maker is emphasizing quality of sales rather than volume.

The lofty GM sales are good news for a company badly bruised by the ignition-switch recall scandal. The automaker paid out nearly $2 billion for the recalls and victims compensation last year, it said earlier Wednesday.

GM said its U.S. market share of large pickups rose one percent to 38.9 percent, while its share of large sport utility vehicles jumped 7.8 percent to 74.7 percent. 

Other highlights included a 3.4 rise in European sales from its Opel/Vauxhall division and a 12 percent jump in deliveries in the booming Chinese market.

Copyright Agence France-Presse, 2015

Popular Sponsored Recommendations

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!