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.

 






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