Japanese vehicle manufacturing giant Toyota has overtaken its German counterpart Volkswagen to claim the title of “the world’s largest carmaker” in terms of sales. Toyota has reportedly overtaken Volkswagen and made a return to the top slot in global vehicle sales after it released sales figures for the first nine months of the financial year.
In the first quarter of 2015, Toyota sold 7.5 million units in the first three quarters of 2015, as opposed to Volkswagen’s 7.43 million units and General Motors’ 7.2 million units.
In the first two quarters of 2015, Volkswagen had consistently beaten Toyota in the number of vehicles sold, and this is Toyota’s first victory in the year 2015.
After the Volkswagen emission scandal that raised its ugly head in September, losing the top sales spot is yet another another blow to the German vehicle manufacturer.
The discovery of software that installed in order to mislead emissions tests on diesel cars is assumed to have had a major effect on VW’s sales in the remainder of the year.
Toyota’s sales for the first nine months were 1.5% below the level at the same stage last year.
– The Global Panorama