Toyota World’s Largest Automaker – Again!
For the fourth year in a row, Toyota has held fast to its status as the world’s top-selling automaker with over 10.15 million vehicles sold in 2015. Volkswagen followed in second place with 9.93 million vehicles sold, and General Motors took the third spot with 9.8 million sales.
Volkswagen, who was poised to overtake Toyota the first half of the year, was thwarted when a diesel emissions scandal broke, effecting millions of vehicles around the world.
Toyota, maker of the best-selling Camry, Corolla and Prius cars, beat its forecasts in 2015, and anticipates an even larger sales volume in 2016, projecting 10.114 million. Major market sales in Japan and the U.S. have slowed down in recent years, while emerging markets, like Indonesia and Thailand, have taken up the slack.
General Motors, or GM, is the parent company of major automakers Cadillac, Chevrolet, Buick and Opel, and held the top spot in auto-sales worldwide for more than seven decades. Toyota surpassed the automotive giant in 2008, and only ceded the crown in 2011 for a single year, when a tsunami and earthquake struck Japan and halted production.
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