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Toyota beats Volkswagen to become World's No.1 car seller in 2020

The pandemic demand slump hit Volkswagen harder

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Toyota  | Volkswagen | Auto sector

Reuters  |  TOKYO 

Japan's Toyota Motor Corp overtook Germany's Volkswagen in vehicle sales last year, regaining pole position as the world's top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder. Toyota said on Thursday its group-wide global sales fell 11.3% to 9.528 million vehicles in 2020. That compared with a 15.2 percent drop at Volkswagen to 9.305 million vehicles. Automakers have suffered as coronavirus lockdowns have stopped people from visiting car showrooms and forced manufacturing plants to reduce or halt ...

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First Published: Thu, January 28 2021. 14:34 IST