Volkswagen dethrones Toyota to claim the top spot

The controversial diesel emission scam by Volkswagen has affected the German automaker’s image to a great extent. However, surprisingly the brand has dethroned Toyota to emerge as the world’s top carmaker in the first half of 2016. Toyota attributes its drop in sales due to various factors such as explosion at their steel supplier’s facility in February, earthquake in April and an array of production stoppages.

In the last six months, the German automaker Volkswagen reportedly delivered 5.116 million vehicles, thereby registering a 1.5 per cent growth. Moving forward, the company expects to see slightly higher sales over last year’s 9.93 million deliveries, as demand in China and Western Europe outweighs decline in sales in America and Russia.

In terms of global ranking Toyota has slipped to the second position in world sales while GM stands on third number with 1.2 per cent drop in sales with a six-month sale of 4.76 million vehicle sales. TMC, which currently manufactures vehicles under the names of Lexus, Toyota, Daihatsu, Ranz and Scion, stated that its global sales dropped by 0.6 per cent in January – June, 2016 to about 4.992 million vehicles worldwide, which is down from 5.021 million noted in the same period last year.

SOURCE: goo.gl/rSyg01