31 Oct '16, 2am

Volkswagen set to overtake Toyota as world’s largest automaker, backed by brand’s success in China https://t.co/EiEixU8VNa

Volkswagen set to overtake Toyota as world’s largest automaker, backed by brand’s success in China https://t.co/EiEixU8VNa

The ongoing “war of the numbers ” between Toyota and the Volkswagen Group looks set for another switch of position, with the latter expected to overtake the former as the world’s largest automaker. In the nine months through September, VW Group’s sales went up by 2.4% to about 7.61 million, whereas Toyota’s worldwide deliveries rose 0.4% to 7.53 million vehicles in the same period. Automotive News reports that VW’s success, despite the ongoing emissions scandal , comes from the brand’s leading position in China, where it sells three cars for every one that Toyota shifts. The company reports a double-digit increase in sales of 10.7% to about 2.58 million units during the January-September period. The Group’s numbers are also boosted by strong demand for other brands under its umbrella, including Audi, Porsche, Skoda, SEAT, and Volkswagen Commercial Vehicles. Meanwhile, Toyo...

Full article: http://paultan.org/2016/10/31/volkswagen-set-to-overtake-...

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