Toyota Dethrones Volkswagen As World’s Largest Automobile Company
Japanese automobile company, Toyota Motor Corp, has regained the top spot in global vehicle sale, after releasing results of the first nine months of 2015, dethroning German automaker, Volkswagen AG which sold the most in the first half of the year.
Toyota sold 7.49 million vehicles in the three quarters to the end of September, down 1.5 per cent from the same period last year.
Its greatest rivals, Volkswagen (VW) sold 7.43 million vehicles and American General Motors Company, sold 7.2 million.
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Unfortunately for VW, the automaker’s emissions cheating scandal has forced it to suspend the sales of several key vehicles, though its figures for the first nine months are almost unchanged.
General Motors was the world’s largest automaker for almost seventy years, until Toyota surpassed it for the first time in 2008.
