Daily Management Review

Toyota Breaks Forward: Rise in Toyota Sales Left Volkswagen Behind


10/26/2015


The Japanese group Toyota Motor Corp. has regained the title of leader of the world car market in the first nine months of 2015, according to Bloomberg. For the first half, the German company Volkswagen AG reached the best sales performance among the car manufacturers, but now it lost to the Japanese competitors, due to the decline because of the scandal with the software.



Daniel via flickr
Daniel via flickr
In January-September, Toyota sold 7.49 million vehicles, the company said. Volkswagen has sold 7.43 million cars over this period: its performance was affected by the prosecution to use the defective software.

In September, the United States Environmental Protection Agency has initiated an investigation in respect of suspicion that Volkswagen installed on their diesel models special software that allows bypassing the check of emissions level. The scandal forced the US subsidiary of Volkswagen suspend sales of certain models. Among them are two-liter diesels Audi A3, Golf, Passat, Jetta and Beetle. US authorities ordered the company to withdraw nearly half a million cars, sold since 2008, from the US market. Volkswagen acknowledged that supplied 11 million machines with faulty software worldwide.
 
At the same time, Toyota has launched a number of new models, including the new Prius, which helped improve sales performance.

In 2014, Toyota increased its sales by 3% to 10.23 million vehicles, taking into account the units Hino Motors Ltd. and Daihatsu Motor Co. Second place in terms of sales was taken by Volkswagen, realizing 10.14 million cars in 2014. In third place was the American General Motors Corp., increased sales by 2.1% to 9.92 million vehicles.

 






Science & Technology

Germany Introduces The First Ever Train To Run On 100% Hydrogen

Germany Plans On Cyber Security Research To End Reliance On U.S. Tech

Fuchsia will kill Android by 2023: Top 5 facts about the new OS

New Study Finds Goats Interact More With Happy People

More than 32 thousand "smart" houses under threat of hacker attack

Internet addiction and children: Global plague

Apple takes up to develop Apple Watch for health monitoring

Hyperloop is growing in Europe

Analysts: US gamers prefer mobile games

Google Assistant Winner Of Head-To-Head Test Of Digital Assistants, Beats Siri And Alexa

World Politics

World & Politics

Ex-Brexit Minister Said A ‘Reset’ Is Needed For Brexit Talks

10 countries with the best healthcare systems

Foreign Experts To Be Allowed By North Korea For Permanent Destruction Of Missile Sites

Ireland recovers €14.3 billion from Apple

Is China going to cancel its birth limit policy?

The US is ready to start negotiations with China

US and China start 5G race

Is Czech Republic posing a threat to the European Union?