31 Jan '17, 3am

VW overtakes Toyota’s four-year global sales lead https://t.co/zWUKrL2PXc

VW overtakes Toyota’s four-year global sales lead https://t.co/zWUKrL2PXc

Volkswagen has come out ahead of Toyota in global sales, following the Japanese automaker’s four-year lead from 2012 to 2015, when it overtook General Motors as the world’s largest car brand. Prior to that, Toyota took over from GM’s 77-year lead, which the Japanese company relinquished in 2011 due to production disruptions in Japan and Thailand, according to Automotive News Europe . The Volkswagen Group recorded global sales of 10.3 million vehicles across its passenger car, truck and bus brands in 2016, representing a 3.8% gain. Toyota’s performance fell short of the VW Group’s, despite a 0.2% growth to a global sales figure of 10.2 million vehicles, which included its Lexus, Daihatsu and Hino brands. On the other hand, Toyota’s profits outperformed the VW Group’s by more than double in the six months through December, according to data compiled by Bloomberg . Neither co...

Full article: http://paultan.org/2017/01/31/vw-overtakes-toyotas-four-y...

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