Japanese automaker Toyota tops in global vehicle sales in 2015

Japanese automaker Toyota Motor Corp. has topped in global vehicle sales in 2015 by selling 10.151 million vehicles, beating Volkswagen and General Motors.

With this, the company has retained its status as the world’s top-selling automaker for the fourth straight year.

While, German automaker Volkswagen AG is ranks second in global vehicle sales list and has sold 9.93 million vehicles in year 2015. Detroit-based General Motors (GM) ranks third in the list and has sold at 9.8 million vehicles.

In 2008, Toyota had broken GM’s 7 decades of long reign as the world’s top automaker. But it had lost it in 2011 as Japan’s devastating earthquake-tsunami disaster that had dented its production and disrupted the supply chains. However, in 2012 Toyota once again overtook GM and since then it has remained on top position,

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Categories: Business & Economy Current Affairs 2018

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