Toyota wins back world’s top auto sales crown from GM

Toyota says sales last year rose 22.6% to 9.75 mn vehicles, while GM sold 9.28 mn units in 2012, up 2.9% from year ago
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First Published: Mon, Jan 28 2013. 11 08 AM IST
Toyota held the global sales crown from 2008 through 2010, but fell to third place in 2011 behind GM and Volkswagen. Photo: Priyanka Parashar/Mint
Toyota held the global sales crown from 2008 through 2010, but fell to third place in 2011 behind GM and Volkswagen. Photo: Priyanka Parashar/Mint
Updated: Mon, Jan 28 2013. 12 03 PM IST
Tokyo: Toyota Motor Corp. regained the crown as the world’s top selling automaker in 2012, posting record-high sales and beating rivals General Motors (GM) and Volkswagen.
Toyota said on Monday it sold 9.75 million vehicles group-wide around the world last year, a record for the 75-year-old Japanese automaker and up 22.6% from a year ago.
The result was in line with the company’s December forecast, and put it back in the No. 1 spot, which it lost in 2011 when it was hit by a wave of negative publicity after a recall crisis in the US, and a disrupted supply chain following an earthquake in Japan and floods in Thailand.
Toyota held the global sales crown from 2008 through 2010, but fell to third place in 2011 behind GM and Volkswagen.
GM sold 9.28 million vehicles in 2012, up 2.9% from a year ago, while Volkswagen sold 9.07 million vehicles, up 11.2%.
Toyota aims to sell 9.91 million vehicles group-wide globally in 2013, up 1.6% from 2012.
The Toyota group also includes sales at Daihatsu Motor Co. and Hino Motors Ltd. Toyota-only sales hit a record-high 8.72 million vehicles, up 22.8% on a year ago.
Toyota’s domestic rival Nissan Motor Co. said on Monday it sold a record 4.94 million vehicles globally in 2012, while Honda Motor Co. sold 3.82 million vehicles, up 19%.
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First Published: Mon, Jan 28 2013. 11 08 AM IST
More Topics: Toyota | nissan | sales figures | general motors |
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