Toyota remains world’s top auto seller for fourth straight year

Toyota Motor said Wednesday that its global group sales fell 0.8 per cent from a year earlier to 10.15 million vehicles in 2015, but it took the crown as the world’s top carmaker for the fourth straight year, results showed.

The Japanese group’s sales figure surpassed those of German rival Volkswagen, which sold 9.93 million vehicles in 2015, down 2 per cent from the previous year.

The Toyota group, including Daihatsu Motor Co and Hino Motors Ltd, saw domestic sales fall 6.5 per cent to 2.17 million units amid sluggish spending, while sales outside Japan rose 0.9 per cent to 7.98 million, the carmaker said.

The Toyota group also said its global production declined 2 per cent from a year earlier to 10.08 million units in 2015.

Last update: Wed, 27/01/2016 - 10:04
Author: 

More from Business

Trump's sons in Dubai to launch golf course

The two eldest sons of US President Donald Trump were in Dubai on Saturday to open the 18-hole Trump International...

Croatian food company Podravka opens EUR 4 mn factory in Tanzania

The Croatian food company Podravka on Wednesday opened a food seasonings factory in Tanzania worth four million...

Lufthansa reaches settlement with pilots' union in salary dispute

German airline Lufthansa and pilots' union Vereinigung Cockpit have agreed to a settlement proposed in mediation,...

OPEC members produced less oil than production limit in January

OPEC members have more than fulfilled their plan to lower its oil output in January, according to a report that the...

Ford set to invest in artificial intelligence company Argo AI

Motor company Ford announced Friday it would invest 1 billion dollars in new artificial intelligence company Argo AI...