Toyota surpasses Volkswagen as the world’s best-selling automaker

TOKYO: Toyota of Japan regained the title of the world’s best-selling automaker in 2020, according to data released by the company on Thursday, pushing Volkswagen to second place for the first time in five years.

Toyota said it sold 9.53 million cars worldwide last year, outpacing its German competitor’s sales of 9.3 million.

The Japanese giant took the lead despite global sales falling by more than 10% as the auto industry suffered from the effects of the coronavirus pandemic.

“Despite the Covid-19 pandemic … Toyota was able to continue the company’s activities by comprehensively implementing various infection prevention measures, and by working with partners including suppliers and dealers,” she said in a statement.

This was still better than the more than 15% drop in sales that Volkswagen announced earlier this month.

Toyota said it benefited from a jump in sales in China, which rose 10% year-on-year, and better-than-expected performance globally in the October-December quarter.

The last time Toyota ranked first was in 2015, overtaking it by Volkswagen in the following years.

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