Toyota Vs. Honda Face-Off; Which Is Better Japanese Car Manufacturer Among The Two?

Feb 03, 2017 05:20 AM EST | Paul Urban

For the longest time, two of the biggest and most aggressive car manufacturers have had the rivalry. Both Honda and Toyota claim that there are the best, but which one is saying the truth? It is one tough call as reports are varying from report to another. Factual basis considered, there seems to be one clear winner, or is there?

According to Benzinga, their historical reference back in 2013 states that financial performance wise, Honda is the clear winner. HMC is up 0.87 percent and Toyota as TM is down 0.63 percent. This doesn't seem to matter much as both brands produce the best of vehicles in the market year after year in terms of reliability, comfort, style, and fuel economy.

Reports say that both Honda and Toyota have led the way in increasing the overall market share for Japanese stocks by an average of 60 percent. This report is definitely astounding as the rest of the 40 percent are shared by all other brands.

Since 2013, Toyota and Honda continue to be major players and show no signs of stopping. Four years later, the trend has remained the same even with the efforts of other brands to topple the two have greatly increased. It remains a slim chance for other brands to remain at the top as the two have enjoyed over several years.

Both Honda and Toyota also reported 70 percent increase in its operating profit. Toyota has bene consistently selling aggressively and its efforts have paid off. Their vehicles are performing very well the world over. Honda, on the other hand, is also considered one of the top automakers on the planet and customer base see consistent expansion year after year especially that its motorcycle division is big in Thailand and Brazil.

As added by USA Today, as of July 2016, Toyota US sales fell 5.6 percent in June while Honda enjoyed increases of 13.1 percent and 3.2 percent respectively. In terms of units sold, Toyota US sells an average of 195,000 units with 198,257 sold in June 2016. Honda on the same month, sold 138,715 vehicles.

The Toyota brand posted a 6.2 percent decline. Honda, on the other hand, rose to 7.1 percent. Unfortunately, Acura, Honda's luxury brand declined to a devastating 26.9 percent.

Market trends are unpredictable. It varies literally month after month, let alone year after year. Both Honda and Toyota have remained at the top for good reasons. Determining the clear winner of the competition is impossible. In this case, it is a DRAW. Both are two of the best and champions in their own right.

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