Business

Toyota Remains Top in Global Vehicle Sales, Beats VW, GM

Published

11 years ago

January 21, 2015

In this May 8, 2014 photo, visitors look at cars displayed at a Toyota gallery in Tokyo. Toyota Motor Corp. stayed at the top in global vehicle sales in 2014, but is pessimistic about this year. (AP Photo/Koji Sasahara, File)

YURI KAGEYAMA, AP Business Writer

TOKYO (AP) — Toyota Motor Corp. stayed at the top in global vehicle sales in 2014, taking that auto industry crown for the third year straight, but was less upbeat about this year.

The Japanese automaker sold 10.23 million vehicles, beating out Volkswagen and General Motors. But it expects to sell fewer trucks and cars this year, forecasting sales will fall 1 percent year-on-year to 10.15 million vehicles, according to numbers released Wednesday.

The drop is largely due to a projected 9 percent plunge in Japan sales. Japan sales had been inflated in the early part of last year ahead of a sales tax hike. Overall, the Japanese auto market is weakening because of population decline.

Toyota expects overseas sales to grow 2 percent this year to more than 8 million vehicles from 7.9 million vehicles last year.

Volkswagen AG of Germany sold 10.14 million vehicles in 2014, up 4 percent from the previous year. Detroit-based General Motors Co. was third at 9.92 million vehicles, a company record and 2 percent higher than its tally in 2013. GM gave its numbers earlier this month.

Selling 10 million vehicles around the world in a year is a milestone for major automakers. And the race is intense as automakers increasingly compete in new markets.

Toyota’s sales grew 6 percent in the U.S. from the previous year, 13 percent in China, and 10 percent in Brazil, according to the maker of the Camry sedan, Prius hybrid and Lexus luxury models.

Toyota suffered a setback in 2011, when its production was hobbled by the earthquake and tsunami in northeastern Japan. But it made a comeback as No. 1 in 2012.

GM had been the top-selling automaker for more than seven decades until being surpassed by Toyota in 2008.

But it is Volkswagen that has been racking up stellar growth in recent years, beating GM last year and in 2013. But that year, GM would have won if both companies had been compared without the sales of industrial truck brands, which GM doesn’t make.

Last year, Volkswagen outsold GM even without its heavy trucks, which totaled 199,900 vehicles. Toyota’s Hino division, which makes trucks, sold 168,000 vehicles last year.

Toyota executives purposely exude a low-key approach about their global ambitions, stressing the company just wants to make and sell one car at a time.

That humility has been even more pronounced after the automaker was slammed with a massive recall scandal, fines from U.S. authorities and many lawsuits, especially in the U.S. since 2009.

But Toyota is eager to elevate its brand to more than a maker of reasonably priced, reliable products with race cars and luxury models that can help shed its previous staid and boring image.

It is also a leader in green technology, having scored success with its Prius gas-electric hybrid, and is now banking on an even more futuristic technology called fuel cells.

It delivered a fuel cell car to the Japanese prime minister last week, and is rolling out the Mirai fuel cell, which means “future,” overseas later this year.

___

Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama

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Oakland Post: Week of February 25 – March 3, 2026

The printed Weekly Edition of the Oakland Post: Week of – February 25 – March 3, 2026

Published

6 days ago

March 1, 2026

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Chase Oakland Community Center Hosts Alley-Oop Accelerator Building Community and Opportunity for Bay Area Entrepreneurs

Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.

Published

2 weeks ago

February 21, 2026

Oakland Post

Bay Area entrepreneurs attend the Alley-Oop Accelerator, a small business incubation program at Chase Oakland Community Center. Photo by Carla Thomas.

By Carla Thomas

The Golden State Warriors and Chase bank hosted the third annual Alley-Oop Accelerator this month, an empowering eight-week program designed to help Bay Area entrepreneurs bring their visions for business to life.

The initiative kicked off on Feb. 12 at Chase’s Oakland Community Center on Broadway Street, welcoming 15 small business owners who joined a growing network of local innovators working to strengthen the region’s entrepreneurial ecosystem.

At its core, the accelerator is designed to create an ecosystem of collaboration, where local entrepreneurs can learn from one another while accessing the resources of a global financial institution.

“This is our third year in a row working with the Golden State Warriors on the Alley-Oop Accelerator,” said Jaime Garcia, executive director of Chase’s Coaching for Impact team for the West Division. “We’ve already had 20-plus businesses graduate from the program, and we have 15 enrolled this year. The biggest thing about the program is really the community that’s built amongst the business owners — plus the exposure they’re able to get through Chase and the Golden State Warriors.”

According to Garcia, several graduates have gone on to receive vendor contracts with the Warriors and have gained broader recognition through collaborations with JPMorgan Chase.

“A lot of what Chase is trying to do,” Garcia added, “is bring businesses together because what they’ve asked for is an ecosystem, a network where they can connect, grow, and thrive organically.”

This year’s Alley-Oop Accelerator reflects that vision through its comprehensive curriculum and emphasis on practical learning. Participants explore the full spectrum of business essentials including financial management, marketing strategy, and legal compliance, while also preparing for real-world experiences such as pop-up market events.

Each entrepreneur benefits from one-on-one mentoring sessions through Chase’s Coaching for Impact program, which provides complimentary, personalized business consulting.

Garcia described the impact this hands-on approach has had on local small business owners. He recalled one candlemaker, who, after participating in the program, was invited to provide candles as gifts at Chase events.

“We were able to help give that business exposure,” he explained. “But then our team also worked with them on how to access capital to buy inventory and manage operations once those orders started coming in. It’s about preparation. When a hiccup happens, are you ready to handle it?”

The Coaching for Impact initiative, which launched in 2020 in just four cities, has since expanded to 46 nationwide.

“Every business is different,” Garcia said. “That’s why personal coaching matters so much. It’s life-changing.”

Participants in the 2026 program will each receive a $2,500 stipend, funding that Garcia said can make an outsized difference. “It’s amazing what some people can do with just $2,500,” he noted. “It sounds small, but it goes a long way when you have a plan for how to use it.”

For Chase and the Warriors, the Alley-Oop Accelerator represents more than an educational initiative, it’s a pathway to empowerment and economic inclusion. The program continues to foster lasting relationships among the entrepreneurs who, as Garcia put it, “build each other up” through shared growth and opportunity.

“Starting a business is never easy, but with the right support, it becomes possible, and even exhilarating,” said Oscar Lopez, the senior business consultant for Chase in Oakland.