Once again, Toyota is the No. 1 largest automaker in the world, but Volkswagen is waiting close behind for the chance to take the crown.
Automotive News reports Toyota sold 10.23 million units in 2014 with help from its Daihatsu and Hino partners, the first time the automaker sold over 10 million units in a single year. Volkswagen took second on the podium with 10.14 million, and General Motors took third with 9.92 million.
2014 marks the second consecutive year Toyota has held the top spot, having regained it from GM in 2012 after the 2011 Tōhoku earthquake and tsunami greatly hindered production for the majority of that year. The automaker originally took the top spot from GM in 2008, the latter having dominated the podium for 80 years prior; Toyota also held the title in 2009 and 2010.
As for 2015, Toyota is forecasting deliveries of 10.15 million due to decreased demand at home and in emerging markets, as well as from falling oil prices and Japan's increased national consumption tax. Volkswagen, meanwhile, is ahead of schedule as far as taking the crown goes, CEO Martin Winterkorn stating such a thing would occur by 2018 at the earliest before 2014's results showed otherwise.
The post Toyota No. 1 Global Automaker In 2014, Volkswagen Close Behind appeared first on The Truth About Cars.
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