Economy, Auto
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Toyota Tops Global Car Sales

Toyota Tops Global Car Sales
Toyota Tops Global Car Sales

Toyota Motor Corp sold more cars than Volkswagen AG for the fifth consecutive month in November, putting the Japanese firm on track to remain the world’s top-selling automaker in 2015, as sales at the German maker suffer following a diesel emissions scandal.

Toyota on Friday said group vehicle sales totaled 9.21 million during January-November, more than the 9.10 million cars delivered by Volkswagen during the same period.

Toyota has continuously outsold Volkswagen on a year-to-date basis since July, Reuters reported.

Earlier this month, Volkswagen said its Volkswagen brand sales fell 2.2% year-on-year in November, extending a slide seen since October, the first full month after Europe’s biggest automaker admitted that it cheated diesel emissions tests in some of its cars.

Group sales at Toyota in the year through November eased 1% from the previous year, while Volkswagen group sales for the same period fell 1.7%.

 

Financialtribune.com