Eugene Kalyuk
Volkswagen has deprived of the status of the largest Toyota car dealer
After four years of leadership Toyota lost its title of producer of the most popular cars in the world. In 2016, the company sold only 10.2 million vehicles, while Volkswagen managed to sell 10.3 million
In 2016, the world has sold 10,175 million vehicles under the brands Toyota, Lexus, Daihatsu and Hino, which is only 0.2% over 2015, follows from the report published today by Toyota. While in Japan the sales of Toyota cars rose for the first time in four years, while sales of Lexus increased by 8.1%.
However, the increase in domestic sales barely covered the decline in sales of Toyota in the United States, Africa and the middle East. Sales of cars under the brand Daihatsu fell in Japan and abroad.
At the same time, Volkswagen, in recent years considered the main rival, Toyota, was able in 2016 to increase sales from 3.8%. This result allowed him finally to deprive the Japanese of the status of the world’s largest seller of cars, according to Bloomberg.
According to the Agency, the leadership change due to the different results of the rivals from the two biggest car markets in the world: Toyota, has reduced sales in the U.S. and Volkswagen was able to build them in China. In the future, Toyota losses may increase substantially in connection with the intention of the newly elected U.S. President Donald trump to restrict the supply possibilities in the country of cars assembled in Mexico.
“trump is a much greater risk for Toyota than for Volkswagen as the German manufacturer less represented in the US market. Toyota has invested in the construction of a new plant in Mexico and its ability to convince trump limited,” says the analyst of the company Carnorama in Tokyo Ken Miyao.
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