Toyota to Reclaim Title of World's Largest Automaker

Jason Siu
by Jason Siu

Toyota is set to reclaim the title of world’s largest automaker in 2012 after ceding the title to General Motors last year.

General Motors and Volkswagen will be battling for second place as the year winds down, with the auto industry as a whole heading for a record year. In total, over 80 million cars and trucks will have been produced in 2012.

While final numbers won’t be in until the new year, Toyota is out in front while gap of less than one percent separates GM and VW’s sales, making the fight for second place too close to call.

The battle between the three automakers will continue into the future, as Volkswagen aims to become the global sales leader by 2018. LMC Automotive estimates that the German automaker will add 600,000 units of production capacity next year, which will be more than GM and Toyota combined. Toyota won’t give up easily however, as both the Japanese automaker and Volkswagen have forecasts to hit 10-million vehicles sold annually in the next several years.

Of course the biggest factor in determining which automaker will continue to grow has to do with geography. China is continuing to lead all major markets in growth, where both VW and GM have a strong presence.

After a 77 year reign as the world’s largest automaker, General Motors handed the title over to Toyota in 2008, which managed to hold on for several years before suffering from supply issues in 2011 after the Japanese earthquake and tsunami.

Discuss this story at ToyotaNation.com

[Source: Automotive News]

Jason Siu
Jason Siu

Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.

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  • Ryan Ryan on Dec 17, 2012

    If VW brings the Amarok to the States, I'll give them one more sale.

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