VW outperforms Toyota in global sales

01 February, 2017, 01:19 | Author: Elaine Woods
  • Sales in China aided in gaining the top spot for Volkswagen globally

VW sold 10.3 million vehicles previous year, with sales of Audis, Porsches, Skodas and Bentleys as well as its eponymous Volkswagens rising 3.8%, boosted by strong sales in China. Toyota Motor's global auto sales totaled 10.17 million units, falling below Volkswagen's 10.31 million units over the same period. This is the first time the German automobile company has achieved this coveted position, which will definitely be a matter of pride, given what the business has gone through over the last few months. Specifically, the new 7 seater Volkswagen Atlas for the United States and China and the Skoda Kodiak for most of Europe will help drive sales in 2017 even further. A changing marking in the USA and China: A sales slowdown in the US coupled with VW seeing growth in China was enough to put Toyota behind.

General Motors is to report its annual numbers next week, though it's expected to trail both VW and Toyota.

Toyota's success came via its vehicles built outside of Japan.

Volkswagen has passed Toyota to become the world's best selling carmaker.

In Europe sales rose four percent.

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Recently, Volkswagen agreed to pay $22 billion as settlement and plead guilty to criminal charges in the USA over its admission that it cheated emission test of its diesel vehicles using a software.

During the recent times the company has been making strides in new markets too. In 2011, the Japanese vehicle maker slipped back due to the tsunami that hit Japan and the consequent damage and destruction it caused to production facilities, suppliers and of course, cars that were already ready to be dispatched.

The Japanese automaker faces an uncertain outlook with US President Donald Trump threatening punitive tariffs on imports.

GM also is seeing strong growth in China, as are other automakers like Nissan Motor Co. and Hyundai Motor Co., Sugiura said.

As for exports from Japan, Toyota, Nissan and Honda shipped 1.8 million cars, 560,823 cars and 147,185 cars, respectively. Sales for the German automaker were mainly driven by a surge in sales in China - 3,548,600 units, up 12 percent year on year. It has been a Volvo always that has always achieved the top spot in the country's sales.

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