Toyota loses global sales crown to VW
Posted: Thu Feb 02, 2017 7:30 am
http://www.motortrend.com/news/volkswag ... aker-2016/
Several years ago, VW set a goal to become the world’s largest automaker by 2018. But after the company admitted to installing cheat devices on its diesel vehicles, VW said it would stop focusing so closely on volume targets.
VW’s win is a big upset, given Toyota had been the world’s largest automaker for seven of the last eight years. General Motors, which last won the sales crown in 2011, hasn’t yet reported its numbers for 2016 but is expected to slot below VW and Toyota on the totem pole. Last year, it came in third place.