Automobiles

Toyota Beats Volkswagen To Become World’s No.1 Car-Seller In 2020

Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in car gross sales final 12 months, regaining pole place because the world’s high promoting automaker for the primary time in 5 years because the pandemic demand hunch hit its German rival tougher.


Toyota becomes the world's largest vehicle-selling manufacturer. It sold 9.528 million units in 2020
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Toyota turns into the world’s largest vehicle-selling producer. It bought 9.528 million items in 2020

Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in car gross sales final 12 months, regaining pole place because the world’s high promoting automaker for the primary time in 5 years because the pandemic demand hunch hit its German rival tougher.

Toyota stated on Thursday its group-wide world gross sales fell 11.3% to 9.528 million automobiles in 2020. That in contrast with a 15.2 p.c drop at Volkswagen to 9.305 million automobiles.

Automakers have suffered as coronavirus lockdowns have stopped individuals from visiting automotive showrooms and compelled manufacturing vegetation to scale back or halt manufacturing.

Toyota, nevertheless, has weathered the pandemic higher partly as a result of its residence market Japan, and the Asian area generally, have been much less affected by the outbreak than Europe and the United States.

“Our focus is not on what our ranking may be, but on serving our customers” a Toyota spokeswoman stated.

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As demand for automobiles rebounds, significantly in China, Toyota, Volkswagen and different producers are scrambling to faucet rising demand for electrical automobiles. Toyota stated that the ratio of electrical car it bought final 12 months grew to 23% of whole gross sales from 20% in 2019.

Reporting by Tim Kelly and Makiko Yamazaki; Editing by Clarence Fernandez and Jacqueline Wong

(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)

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