BREAKING NEWS

BREAKING NEWS

Toyota loses out to Volkswagen as world's top carmaker

Volkswagen has overtaken Toyota to become the world's top selling carmaker despite the German company's diesel emissions scandal.

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Toyota loses out to Volkswagen as world's top carmaker

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Volkswagen has overtaken Toyota to become the world’s top carmaker despite the German company’s diesel emissions scandal.

VW group – which includes Audi, Porsche, Seat, Skoda, Bentley, Bugatti and Lamborghini – sold a record 10.3 million vehicles last year. That 3.8 percent more than in 2015.

Sales in China were up 12.2 percent with almost four million vehicles delivered.

In Europe sales rose four percent.

Toyota had been number one for the four previous years but only managed to increase global sales by 0.2 percent to 10.175 million last year.

Its numbers include its Lexus, Daihatsu and Hino subsidiaries.

Toyota’s overall global sales were supported by a 5.5 percent rise in domestic sales for the Toyota brand following new launches for models including the Prius, while overseas sales slipped 0.6 percent as demand eased in North America, in and around the Middle East and Africa.