Toyota Motor Corp regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors 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 top spot, which it lost in 2011 when it was hit by a wave of negative publicity after a recall crisis in the United States, 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%.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
