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Christopher Bruce2013-01-28 18:05:28

Toyota Retakes Title as World Auto Sales Leader

Beats General Motors and Volkswagen Group

 
 
Slideshow
The Toyota Furia concept showed the future for the Corolla

ToyotaToyotaToyotaJapan, 1937 > present155 models
4668 photos
10 videos
has retaken the crown as world leader in auto sales. It sold 9.75 million cars in 2012, a 23% improvement over the previous year. These figures include its subsidiaries Hino MotorsHinoHinoJapan, 1942 > 19671 model
and DiahatsuDaihatsuDaihatsuJapan, 1951 > present33 models
97 photos
2 videos
Motors. That beats the 9.29 million cars sold by General MotorsGMGMUnited States of America, 1998 > present8 models
240 photos
and 9.07 million cars sold by VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
9787 photos
31 videos
Group. 

Toyota was able to boost sales by 2% in Europe to 837,969 cars. In the US, Toyota sales rose 27% to 2.08 million cars. Japanese sales were up 35% to 2.41 million cars.

Toyota followed the trend for Japanese auto sales in China. Sales were down in China to below a million cars. Chinese buyers have turned against Japanese companies in recent months because of a territorial dispute in the East China Sea. It is a problem that has affected Japanese companies all over China, not just automakers. 

The brand is estimating that sales will continue to increase next year to 9.91 million cars. It estimates the increase because the weakening yen makes pricing more competitive and growing demand in North America.

Toyota showed a concept for a new Corolla at the North American International Auto Show. It will likely have a production version on sale before the end of the year. 

Toyota held the position as top world automaker from 2008 to 2010. The natural disasters in Japan and Thailand lost the automaker the title in 2011. 

Source: Automotive News

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