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Toyota is the best-selling brand in the world for two years in a row

By Faiming_low on 30 Jan 2014

Attached Image Toyota is the best-selling automotive brand for the second straight year and it is not slowing down with plans of selling 10 million vehicles worldwide in 2014. Sales across the globe increased 2.4 percent to 9.98 million vehicles last year as compared to General Motor's (GM) and Volkswagen's (VW) 9.71 million and over 9.7 million units respectively.
 
Attached Image According to Chief Executive Officer Akio Toyoda, Toyota remained in pole position while still earning well. He also claimed that the Japanese brand outearned GM and VW combined in the previous quarter.
 
Attached Image However, he acknowledged the fact that the competition is heating up. While Toyota led GM by about 460,000 units in 2012, this year, the gap has narrowed to about 270,000 units. The Americans have also been coming up with many great cars in the recent years. Plus, they have been winning awards like North American Car and Truck of the Year awards at the Detroit Motor Show with its Corvette Stingray sports car and Silverado pickup.

Attached Image Not to be left behind, VW will spending more than $7 billion during the next five years in North America. It will also try to increase sales of its namesake and Audi brands to 1 million vehicles by 2018 when it believes it would be the top-selling automotive brand in the world.
 
Attached Image So 2014 is shaping up to be an interesting year with Toyota trying to be the first automotive brand in the world to surpass the 10 million sales mark. Who do you reckon will emerge as the champ this year?
 

toyota, brand, general motors and 3 more...

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Faiming_low
Written by Faiming_low
Since young, Fai Ming has always centered his life around cars. In fact his first word was 'car' and not 'mum' or 'dad'. Aren't kids cute?



  • 1
Bonafidestack Jan 30 2014 09:21 AM

Congrats Toyota! Well Done!!! Toyota is one of the leading and innovative companies in the world and good to see they are number 1 again, taking their rightful place at the top.This is a company that others should aspire to be like.

 

Wouldn't mind getting myself a IS250 if the price is right!

drivinghazard Jan 30 2014 10:44 AM

Nice! I've owned 2 toyotas before, well built and reliable. Despite it's global success, in uniquely singapore it's still gg to be the merc, bmw, audi, vw topping the charts here

LiuDeHua Jan 30 2014 02:02 PM

Japanese cars are really taking over the world again after the Japan governement's concerted efforts to bring down the yen.

 

In Down under, the land of the muscle cars, amazingly, the Corolla got the tag of the best selling model for 2013. 

Hanan_ho Feb 01 2014 02:39 PM

Nice! I've owned 2 toyotas before, well built and reliable. Despite it's global success, in uniquely singapore it's still gg to be the merc, bmw, audi, vw topping the charts here

 

Ya.. In SG the new car demographic is different due to COE...

  • 1
 
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