Japan’s largest auto brand has once again captured the coveted title of world’s largest automaker.
Toyota outsold both Volkswagen and General Motors once again in the first quarter of 2014, making that three straight quarters of sales supremacy for the Japanese brand.
Sales at Toyota, including Hino Motors and Daihatsu Motor Co., were up to 2.58 million units between January and March 2014. When it comes to second place, both Volkswagen and General Motors reported selling 2.4 million vehicles each, making it impossible to actual name the second place brand.
In the USA, Toyota lost out to both GM and Ford when it comes to sales, moving 520,997 units in the first quarter. GM led the way with 649,637 sales, while Ford is stuck in the middle, moving 580,260 units. All three company’s sales were down by about 2 percent year-over-year.
Toyota has enjoyed strong sales thanks to a weak Yen, which helped the brand have its most profitable fiscal year ever in 2013.
[Source: Automotive News]
Discuss this story at out Toyota Forum