Wednesday , January 16 2019 7:50 am
Home / International / Volkswagen overtakes Toyota as the world’s biggest carmaker

Volkswagen overtakes Toyota as the world’s biggest carmaker

Volkswagen has overtaken Toyota to become the world’s best-selling carmaker, the first time the German company has held the position.

Japan’s Toyota, which had topped sales for the past four years, sold 10.175 million vehicles globally in 2016.

The milestone comes despite VW’s scandal over emissions tests cheating, which sparked a global backlash and multiple lawsuits.

Volkswagen, which makes the Audi, Porsche and Skoda brands, saw a 3.8% increase in sales buoyed by demand in China.

And it has been making inroads in other markets too. In Sweden for example, the Volkswagen Golf was the most popular new car in 2016 – the first time in more than half a century that a Volvo hadn’t topped the country’s sales.

Toyota’s sales grew by 0.2% – though it appears to have suffered from a slowdown in the US car industry.

General Motors reports its figures next week, but it is expected to lag both the Japanese and the German firms.

GM was the world’s third-largest carmaker in 2015. It held the number one title in 2011 after Toyota’s production was hit by a massive earthquake and tsunami in north-eastern Japan.

 

Source: BBC

Check Also

Michael Cohen pleads guilty, implicates Trump

Michael Cohen, President Donald Trump’s former personal attorney, pleaded guilty in Manhattan federal court Tuesday …

Putin looms for Trump after reality-bending visit with US allies

As President Donald Trump and Prime Minister Theresa May arrived at the lip of the …

London mayor says the UK is not afraid to call out Trump: ‘We think you’re wrong’

Trump is doing an ‘interesting’ job: London mayor  13 Hours Ago | 03:08 President Donald Trump should understand …

Leave Your Comment

%d bloggers like this: