Volkswagen Dislodges Toyota As World's Largest Automaker
Facebook Twitter google+ RSS Feed

Volkswagen Dislodges Toyota As World's Largest Automaker

Monday, 30 January 2017, 11:38 Hrs
20
cmt right
25
Comment Right
39
cmt right
7
cmt right
Printer Print Email Email


TOKYO: Toyota Motors lost its title as the highest selling automaker in 2016 to German carmaker Volkswagen, a position the Japanese company had enjoyed since 2011, the media reported.



According to figures published on Monday by the Toyota group, which includes its subsidiaries Daihatsu Motor and Hino Motors, the company sold a total of 10.175 million units in 2016, Efe news reported.



Although the figure is 0.2 pct higher than 2015, it is lower than Volkswagen's 10.3 million units (growth of around 3.8 pct) sold in 2016 despite the German manufacturer's recent emissions scandal.



The last time Toyota was world's No. 2 annual car seller was in 2011, when Japan's northeastern part was struck by an earthquake and a tsunami, severely affecting the firm's operations and cutting significantly its supply chains.



Toyota was also trailing Volkswagen in the first half 2015. However, Volkswagen's emissions scandal in September severely affected its last quarter sales.



Read Also:
JLR Launches Petrol Range Rover Evoque At <img src=" border="0" height="11" src="file:///C:UsersAdminAppDataLocalTempmsohtmlclip1?1clip_image001.jpg" width="10" />53.2 Lakh
Maruti Suzuki Launches Premium Urban Compact Vehicle Ignis


Source: IANS
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset
SPOTLIGHT