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Toyota Regained the Title of Top Selling Automaker of the World

Jan 29, 2013 13:56 IST

Toyota Motor acclaimed the title of top selling automaker of the world in 2012, recording the highest sales and beating its arch rivals Volkswagen and General Motors. On 28 January 2013, Toyota Motor announced that it sold 9.75 million vehicles across the world group-wide in 2012, which is a record in itself for the Japanese automaker.
 
The sales of Toyota Motor also increased by 22.6 percent in comparison to 2011. The announcement of the sales by the Toyota Motor placed the company back on number 1 position, which it had lost in 2011. Back in 2011, Toyota Motor had suffered negative publicity after the recall crisis in US as well as the disrupted supply because of earthquake in Japan and floods in Thailand.

Toyota had remained at the top most position from 2008 to 2010, but it dropped down in ranking to third position after its sales dipped in 2011.

Sales report of Toyota Motor and Comparison with others

•In 2012, Toyota Motor sold 9.75 million vehicles. GM sold 9.28 million vehicles in 2012, an increase of 2.9 percent from 2011.
•Volkswagen on the other hand, sold 9.07 million vehicles in 2012, an increase of 11.2 percent from 2011.
•The domestic rival of Toyota, Nissan Motors sold a record of 4.94 million vehicles globally in the year 2012.
•Honda Motors sold 3.82 million vehicles, an increase of 19 percent from 2011.

Toyota’s Aim for 2013

•Toyota now aims at selling 9.91 million vehicles group-wide all over the world in 2013, an increase of 1.6 percent from 2012.
•The sales of Toyota include those at the Hino Motors and the Daihatsu Motor as well. Toyota-only sales hit the record of 8.72 million vehicles in 2012, an increase of 22.8 percent from 2011.

Is this article important for exams ? Yes23 People Agreed
Read more Current Affairs on: Toyota , Honda Motors , Volkswagen

DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

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