Toyota Motor Corp. looks poised to repeat as the world’s largest automaker for a third straight year, having outsold Volkswagen AG by more than 1 million vehicles through April.
While both automakers’ China operations have been hamstrung by lockdown measures, Toyota has better managed to limit the damage. The Japanese manufacturer said Monday that worldwide deliveries slipped 5.8% in the first four months of the year, whereas sales for its German rival plunged 26%.
