GM vs. Toyota: By the numbers
12-20-2005, 09:24 PM
#1
GM vs. Toyota: By the numbers
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
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
12-20-2005, 09:29 PM
#3
Check out the health care costs per vehicle! It's $1,525 per car for GM and only $201 for Toyota 
12-20-2005, 09:31 PM
#4
_____ like a rabbit
so GM makes more cars, sells more but makes less of a profit? i know some of it goes to health care and benifits which from up there seem to be a lot better than Toyota but they are making nearly 10 billion more? am i missing something? 
12-20-2005, 09:32 PM
#5
The sizzle in the Steak
...and we wonder how GM got itself into this mess 
12-20-2005, 09:33 PM
#6
_____ like a rabbit
Originally Posted by CGTSX2004
It's just funny to watch GM flounder while companies like Toyota do amazing things with what they have.And seriously, 107% capacity at its plants...
12-20-2005, 09:50 PM
#7
Unfortunately, those numbers are old. The gap in profitability between the two has increased, while the gap between production numbers are decreased. Toyota is now even more profitable than GM and nearly producing as many vehicles.
https://acurazine.com/forums/automotive-news-6/toyota-sales-marketing-financial-news-322970/
https://acurazine.com/forums/automotive-news-6/toyota-sales-marketing-financial-news-322970/
Trending Topics
12-20-2005, 10:08 PM
#8
Team Owner
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I’d like to see a comparison of the numbers at the EXECUTIVE level.
Employee totals, salary and retirement costs.
I bet those numbers are STAGGERING with all the pork that’s on staff there.
Employee totals, salary and retirement costs.
I bet those numbers are STAGGERING with all the pork that’s on staff there.
12-20-2005, 11:52 PM
#9
Suzuka Master
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
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
12-21-2005, 12:07 AM
#10
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Nothing like comparing GM in its home market to a foreign competitor. If you want to see how Toyota operates, you need to look at its Japanese expenses and payroll.
12-21-2005, 11:04 AM
#12
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Its interesting to see the numbers. It seems at this point of the game it would make sense for GM to spin off Chevrolet to start an independent auto company. As shown by Toyota, a company doesn't need a dozen brands to please the masses.
12-21-2005, 01:09 PM
#13
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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
12-21-2005, 01:12 PM
#14
Senior Moderator
These numbers really prove that GM's problem is in the union, and the labours costs associated with building there vehicle. They are selling more, but loosing money on every vehicle they sell.
12-21-2005, 01:19 PM
#15
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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
12-21-2005, 01:22 PM
#16
Senior Moderator
Well, the only solution is GM outsourcing manufactoring operations to a 3rd world country. It seems to be the only way a manufactoring business can stay afloat in this globalized economy. But of course the union (and probably the government) would never stand for that. I.e. they are fucked.
12-21-2005, 01:23 PM
#17
Originally Posted by M TYPE X
Nothing like comparing GM in its home market to a foreign competitor. If you want to see how Toyota operates, you need to look at its Japanese expenses and payroll.
12-21-2005, 01:27 PM
#18
Senior Moderator
Originally Posted by CGTSX2004
Which I'll bet still look prettier than what GM is looking at.
It will look WAY better. The most fair comparison would be US to US operations, and the GM labour costs are still significantly higher. GM needs to break the union to survive, but they are bound by labour contracts. Like a BOA slowly squeezing them to death.
12-21-2005, 01:47 PM
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I'm sure there is a loop hole to dump the UAW/and their debt but it seems like GM's path is to carry those debts and just hope that new products change things around.
12-21-2005, 04:11 PM
#20
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Originally Posted by Shawn S
I’d like to see a comparison of the numbers at the EXECUTIVE level.
Employee totals, salary and retirement costs.
I bet those numbers are STAGGERING with all the pork that’s on staff there.
Employee totals, salary and retirement costs.
I bet those numbers are STAGGERING with all the pork that’s on staff there.
and how!
12-21-2005, 04:51 PM
#21
Senior Moderator
Originally Posted by heyitsme
I'm sure there is a loop hole to dump the UAW/and their debt
12-21-2005, 06:17 PM
#22
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It already seems like they can't recover. They lose $2,331 per vehicle, so even if they become as effiecient/profitable as Toyota tomorrow with nice products they would still be losing ~$800 a car due to their higher overhead.
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