Detroit Bureau on Twitter

Posts Tagged ‘VW ousts Toyota’

Toyota Cedes Global Sales Crown to VW

VW sold 10.31 mil vehicles in 2016, a 3.8% gain.

by on Jan.30, 2017

Despite the sales hit it took due to the diesel scandal, Volkswagen overtook Toyota for the global sales crown.

It’s official: Volkswagen Group became the world’s best-selling automaker in 2016, toppling king-of-the-hill Toyota by more than 150,000 vehicles worldwide.

If anything, analysts suggested, the German maker’s lead would have been even larger were it not for VW ongoing diesel emissions scandal. Demand in the key U.S. market took a double-digit dip last year, but the “people’s car” company still managed to deliver a 3.8% global increase, buyers around the world taking delivery of 10.31 million products sold under a range of marques, from entry-level Seat to ultra-luxurious Bentley, as well as the flagship Volkswagen brand.

Global Auto News!

By comparison, Toyota delivered 10.18 million vehicles last year, a more modest 0.2% year-over-year increase. The Japanese giant had snatched the sales crown from long-time leader General Motors in 2009, ceding the title only once during the past eight years. (more…)