Hyperdrive
Volkswagen Loses Title of World’s Top-Selling Carmaker to Toyota
- Toyota sold 9.53 million vehicles in 2020 vs VW’s 9.31 million
- Spread of virus in companies’ core markets made key difference
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Toyota Motor Corp. overtook Volkswagen AG in 2020 to become the world’s top-selling automaker, the first time the Japanese group has clinched the position in five years.
Toyota’s group sales, which include those of its subsidiaries Daihatsu Motor Co. and Hino Motors Ltd., for the year were 9.53 million units, the company said Thursday. That compares with VW’s 9.31 million, announced earlier this month.