Toyota Motor Corporation’s four-year run as the world’s top-selling automaker has ended, with global sales figures being less than those of Volkswagen AG. Sales across Toyota, Lexus, Daihatsu, and Hino rose by 0.2 percent to 10.18 million units, but weren’t enough to compete with Volkswagen AG’s 10.3 million global figure.
You might also be interested in: Volkswagen Golf GTI Clubsport 2016 Review
Although Toyota sales saw a 5.5 percent increase in domestic markets, eased by the launch of the Prius, overseas sales slipped by 0.6 percent due to reduced demand in North America and the MENA region. Remaining enthusiastic, the Japanese brand predicts global sales to increase to approximately 10.23 million units during 2017.
Despite being hit by a massive emissions cheating scandal that cost the firm $4.3 billion (AED 15.8 billion) the German automaker moved back into the top spot. While sales figures in 2015 slipped to just 9.93 million units, with the aid of Audi, Porsche, and Skoda (all volume sellers in the group’s line-up) and strong performance in China, sales grew to a record 10.3 million units in 2016.
You might also be interested in: Volkswagen Tiguan 2017 Review
Leveraging its reputation in China, an area where Toyota seems to be struggling, is attributed as the key success factor for the German group and one that is viewed as sustainable.
Got a Comment ? Post it below:
Do You Want to Sell Your Car?
Sell your car absolutely FREE on YallaMotor. We have everything that makes it easier for you to sell your car on our platform quickly
- 100% Absolutely FREE
- 500,000+ Monthly Buyers
- 115,000+ Satisfied Sellers
- 200+ Cars Sold Everyday
- Latest Posts send
- Auto Industry News send
- New Car Launches send
- Professional car reviews send
- Top 5s 10s send