Toyota Keeps Title as No. 1 Carmaker for Third Straight Year
- Toyota sales top Volkswagen despite supply-chain challenges
- Weaker global demand seen, while long-term outlook is better
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Toyota Motor Corp. kept its crown as the world’s top-selling carmaker in 2022, widening its lead over Volkswagen AG even as supply-chain disruptions continued to weigh on global automobile production.
Group sales, which include those of its subsidiaries Daihatsu Motor Co. and Hino Motors Ltd., were mostly flat at 10.5 million units for the year, the Japanese company said Monday. Volkswagen sales fell 7% last year to 8.3 million units, marking the lowest level of deliveries in 11 years.