Volkswagen beats Toyota, taking first spot in sales
As against this, the Volkswagen Group sold 10.3 million (10,312,400) vehicles worldwide in 2016, a year-on-year rise of 3.8 percent. Its biggest rivals, Toyota, on the other hand have published a sales figure of 10.17 million cars (1.01 Crore) and a total production figure of 10.21 million cars (1.02 Crore) for the duration of January to December 2016.
The sales figures will come as a relief for the Volkswagen Group, which is still trying to fix its image in the wake of the diesel emissions scandal which was first made public in September 2015 and affected a number of its VW, Skoda and Audi models. The strong performance comes despite VW's diesel-cheating scandal. Volkswagen's figures saw a larger expansion of 3.8% globally, mainly thanks to a 12.2% increase in China.
Toyota managed to sell for vehicles than 2015, but their sales grew by a mere 0.2 percent, mostly because of a slowdown in the United States automobile market.
U.S. rival General Motors reports its figures next week, but it is expected to lag behind both the Japanese and the German firms. Toyota sales fell on-year in the USA, but they rose in China.
In October past year analyzers and specialists predicted Volkswagen could become the world's best-selling automaker for 2016. Although VW took a considerable dip in sales in early 2016 due to the scandal, sales in China aided in achieving this target. It last time topped the ranking in 2011 after Toyota's production was hurt by a huge quake and tsunami in north-eastern Japan.
What's more, VW CEO Matthias Mueller recently said the company would no longer make volume leadership one of its primary goals. CNN Notes that after Donald Trump's threat, the Japanese government and Toyota highlighted the important links between the U.S. economy and Japan's automobile industry. Before we can comment on the state of Volkswagen, we have to get more in-depth with the financials, in this sense being the largest vehicle manufacturer in the world by volume could also be considered a vanity metric.
"2016 was a very challenging year for us", he said.
As for exports from Japan, Toyota, Nissan and Honda shipped 1.8 million cars, 560,823 cars and 147,185 cars, respectively.
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