Toyota still top in global vehicle sales over VW GM after first

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Toyota still top in global vehicle sales, over VW, GM, after first 3 quarters of year TOKYO – Toyota kept its lead over rivals Volkswagen and General Motors as the world’s top-selling automaker in the first nine months of the year, Monday reporting record sales of 7.615 million vehicles, up nearly 3 per cent from the previous year.Volkswagen said earlier this month it sold 7.40 million vehicles for January-September, barely edging out General Motors Co. in the closely watched auto sales race. GM reported sales of 7.372 million cars and trucks worldwide earlier this month.Japanese automaker Toyota was in first place in the first half with sales of almost 5.1 million. It finished first last year with a record 9.98 million sales, and is projecting annual sales of 10.2 million vehicles this year. That would be an auto industry record.Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models, is doing well despite difficulties in its home Japanese market, where a rise in the sales tax has dampened spending overall, especially auto purchases.Toyota has publicly played down its spot at the top, saying its focus is on delivering good cars, one at a time.But the competition is intense. The three automakers have been close on each other’s heels, competing not only in developed markets such as the U.S. and Europe, but also in the emerging markets of China and the rest of Asia.Volkswagen, which nudged GM out of second in the first half of the year, stayed ahead of the Detroit automaker even though GM had its best third-quarter global sales since 1980, led by strong sales in China and growth in North America.GM does not give annual sales projections, but Volkswagen has said it might deliver 10 million vehicles this year.General Motors was the No. 1 selling automaker for more than seven decades before losing the title to Toyota in 2008. GM retook the sales crown in 2011, when Toyota’s production was hurt by the quake and tsunami in northeastern Japan.Toyota made a comeback in 2012, and kept that lead in 2013. GM is going strong despite issuing massive recalls this year totalling more than 30 million vehicles.Toyota also underwent a massive recall debacle in the U.S., announcing recall after recall starting in 2009.Japanese automakers, including Toyota, are also embroiled in an unfolding global recall problem, this time over faulty air bags made by Japanese supplier Takata Corp.___Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama by Yuri Kageyama, The Associated Press Posted Oct 26, 2014 11:19 pm MDT read more

Nova Scotians developing thirst for locally crafted wine spirits and beer

by The Canadian Press Posted Jun 20, 2017 9:32 am MDT Last Updated Jun 20, 2017 at 12:40 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email HALIFAX – Nova Scotians are growing thirstier for locally crafted beer and spirits — with vodka, rum and ciders named in honour of their maritime roots leading the charge.New year-end figures released by the Nova Scotia Liquor Corp. (NSLC) Tuesday, show the local industry is growing faster than expected thanks to new businesses and a growing range of products.It’s all helping to pad the liquor corporation’s bottom line, accounting for just over a third of overall sales at $209.9 million — a trend that has been growing over the past few years according to NSLC spokeswoman Bev Ware.The province now has 49 micro-breweries and 15 distilleries.“Nova Scotians want local,” said Ware. “They recognize quality products, they are wanting quality products and they are getting that in these locally made products.”Sales of Nova Scotia spirits grew by 130.8 per cent to a value of $3.5 million from April 2016 through March of this year, with Blue Lobster Vodka topping the list.Ready-to-drink products from the province — largely ciders — rose in sales by 83.7 per cent to $2.9 million, fuelled by the growth of drinks like No Boats on Sunday.Craft beer sales grew by 34.2 per cent to $10.2 million, while Nova Scotia wines grew by 3.9 per cent to a value of $9.9 million. Nova Scotia commercial beer sales remained stable at $160.9 million.Ware said the NSLC’s sales growth is down to a combination of factors, including market demand and the availability of product.“There is the demand there and there’s a growing market to meet that demand, so we do focus on cultivating the growth of these local products because that’s what our customers want,” she said.The corporation said that while it listed products from only three local breweries four years ago, it now lists products from 18 local breweries. One of every four beer listings on NSLC shelves is a local craft beer.Ware said the trend is unlikely to change any time soon.Overall, the corporation reported a net income of $239.2 million on $611.8 million in total sales. Sales were up just over $4 million from 2016.Ware said despite the increase, the total volume of alcohol sold was down one per cent.“That’s due in large part to the fact that customers are switching to wines and premium products that are sold in lower volumes than beer,” she said. Nova Scotians developing thirst for locally crafted wine, spirits and beer read more