Toyota Remains World's Biggest Carmaker in 2015
Toyota still rules as the world's biggest carmaker after the Japanese company beat scandal-hit Volkswagen (VW) and US rival General Motors (GM) in 2015, posting global sales of 10.15 million vehicles last year.
Follow us on
Highlights
Toyota still rules as the world's biggest carmaker after the Japanese company beat scandal-hit Volkswagen (VW) and US rival General Motors (GM) in 2015, posting global sales of 10.15 million vehicles last year.
Toyota broke GM's decades-long reign as the world's top carmaker in 2008 but lost it 3 years later to the US firm, as Japan's earthquake-tsunami disaster dented production and disrupted the supply chains. However, in 2012, it once again overtook its Detroit rival and has remained on top since, despite slowing sales in its home market where a weak economy has taken a bite out of demand.
Also Read - Toyota Considers Buying Out Daihatsu
Toyota's overall sales - which include its Daihatsu and Hino brands - edged down 0.8 per cent from a year ago.
Volkswagen, affected by an emission cheating scandal involving its diesel cars, said it logged sales of 9.93 million vehicles worldwide in 2015, while Chevrolet and Cadillac maker GM reported a figure of 9.8 million.
In the first half of the year, the German giant was in pole position, outpacing Toyota as it rode the momentum in emerging economies. But then it posted its first drop in annual sales for more than a decade, as it was hammered by a massive emission scandal.
Also Read - Probe Reveals 'Cheat Device' Was Open Secret in Volkswagen's Engine Department
Volkswagen sank into its biggest crisis over stunning revelations in September that it had fitted 11 million of its vehicles with devices designed to dodge pollution tests.
Also Read - Volkswagen Emission Scandal: New Catalytic Converter Could Fix US Cars, Says CEO
The US government has said it was suing VW for $20 billion in civil penalties over the scandal.
Toyota's rival Nissan said on Wednesday that its global sales hit a calendar-year record 5.42 million units, up 2.1 per cent from 2014.
Toyota's announcement comes despite the firm struggling to recover its reputation for safety after the recall of millions of cars around the world for various problems, including an exploding air bag crisis at supplier Takata.
At least 10 deaths globally and scores of injuries have been linked to the faulty airbags fitted in cars made by some of the world's leading auto giants.
Toyota, maker of the Camry sedan and Prius hybrid, had stopped building new plants for several years, and turned its focus to quality rather than sales volume.
The company is also overhauling its production methods, vowing to slash development costs to try to offset any downturn in the market and squeeze more productivity out of existing plants.
Toyota is pushing further into the fast-growing market for environmentally-friendly cars, especially in China where officials are struggling to contain an air pollution crisis.
(With inputs from AFP)
Toyota broke GM's decades-long reign as the world's top carmaker in 2008 but lost it 3 years later to the US firm, as Japan's earthquake-tsunami disaster dented production and disrupted the supply chains. However, in 2012, it once again overtook its Detroit rival and has remained on top since, despite slowing sales in its home market where a weak economy has taken a bite out of demand.
Also Read - Toyota Considers Buying Out Daihatsu
Toyota's overall sales - which include its Daihatsu and Hino brands - edged down 0.8 per cent from a year ago.
Volkswagen, affected by an emission cheating scandal involving its diesel cars, said it logged sales of 9.93 million vehicles worldwide in 2015, while Chevrolet and Cadillac maker GM reported a figure of 9.8 million.
In the first half of the year, the German giant was in pole position, outpacing Toyota as it rode the momentum in emerging economies. But then it posted its first drop in annual sales for more than a decade, as it was hammered by a massive emission scandal.
Also Read - Probe Reveals 'Cheat Device' Was Open Secret in Volkswagen's Engine Department
Volkswagen sank into its biggest crisis over stunning revelations in September that it had fitted 11 million of its vehicles with devices designed to dodge pollution tests.
Also Read - Volkswagen Emission Scandal: New Catalytic Converter Could Fix US Cars, Says CEO
The US government has said it was suing VW for $20 billion in civil penalties over the scandal.
Toyota's rival Nissan said on Wednesday that its global sales hit a calendar-year record 5.42 million units, up 2.1 per cent from 2014.
Toyota's announcement comes despite the firm struggling to recover its reputation for safety after the recall of millions of cars around the world for various problems, including an exploding air bag crisis at supplier Takata.
At least 10 deaths globally and scores of injuries have been linked to the faulty airbags fitted in cars made by some of the world's leading auto giants.
Toyota, maker of the Camry sedan and Prius hybrid, had stopped building new plants for several years, and turned its focus to quality rather than sales volume.
The company is also overhauling its production methods, vowing to slash development costs to try to offset any downturn in the market and squeeze more productivity out of existing plants.
Toyota is pushing further into the fast-growing market for environmentally-friendly cars, especially in China where officials are struggling to contain an air pollution crisis.
(With inputs from AFP)
Last Updated on January 28, 2016
Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News
Related Articles
Sedans Launched In India In 2024: New Dzire, Amaze, 5 Series, Camry And More
Toyota Urban Cruiser EV Makes World Premiere: Rebadged Suzuki E-Vitara Gets Two Battery Packs, AWD Option
2025 Toyota Camry: In Pictures
Toyota Innova Hycross Prices Hiked By Up To Rs 36,000
Toyota Urban Cruiser Hyryder Achieves 1 Lakh Sales Milestone
Latest News
2025 Honda Unicorn Launched At Rs 1.19 Lakh; Gets LCD Cluster, LED Headlight
First V-Twin Benelli: All You Need To Know About The Leoncino Bobber 400- Sedans Launched In India In 2024: New Dzire, Amaze, 5 Series, Camry And More
SUVs Launched In India In 2024
Bharat Mobility Expo 2025: Mercedes-Benz Concept CLA To Be Showcased Along With Electric G-Wagen
Kawasaki KLX 230 Launched In India At Rs 3.30 Lakh
2025 Honda SP160 Launched At Rs 1.22 Lakh
Electric Cars, SUVs Launched In India In 2024
Upcoming Triumph Thruxton 400 Spied Ahead Of Debut
Triumph Speed Twin 900 Launched At Rs 8.89 Lakh
Popular Toyota Models
Toyota FortunerEx-Showroom Price₹ 33.43 - 51.44 Lakh
Toyota Innova CrystaEx-Showroom Price₹ 19.13 - 26.3 Lakh
Toyota RumionEx-Showroom Price₹ 10.44 - 13.73 Lakh
Toyota Urban Cruiser TaisorEx-Showroom Price₹ 7.74 - 13.04 Lakh
Toyota Land CruiserEx-Showroom Price₹ 2.1 Crore
Toyota Urban Cruiser HyryderEx-Showroom Price₹ 11.14 - 20.19 Lakh
Toyota Innova HycrossEx-Showroom Price₹ 19.09 - 31.34 Lakh
Toyota CamryEx-Showroom Price₹ 48 Lakh
Toyota GlanzaEx-Showroom Price₹ 6.81 - 10 Lakh
Toyota VellfireEx-Showroom Price₹ 1.22 - 1.33 Crore
Toyota Fortuner LegenderEx-Showroom Price₹ 43.66 - 47.64 Lakh
Toyota HiluxEx-Showroom Price₹ 30.4 - 37.9 Lakh
- Home
- News
- Auto Industry
- Toyota Remains World's Biggest Carmaker, Sells 10.15 Million Cars in 2015
