Toyota Motor Corp. he world’s largest automaker from 2008 to 2010 is back.
The Japanese automaker sold 2.49 million vehicles globally in the first three months, edging GM’s 2.28 million and Volkswagen’s 2.16 million, Bloomberg reported.
“They have a new sense of competitiveness and they certainly are bringing their volume back,” said Jeff Schuster, senior vice president of forecasting for LMC Automotive in Troy, Michigan.
“They have some new product around the world that’s helping, with the new Camry and the Prius family.”
In Japan, vehicle sales totaled 2,071 thousand units, an increase of 158 thousand units compared to the same period last fiscal year. In North America, vehicle sales totaled 1,872 thousand units, a decrease of 159 thousand units compared to the same period last fiscal year. In Europe, vehicle sales totaled 798 thousand units, an increase of 2 thousand units.
In Asia, vehicle sales totaled 1,327 thousand units, an increase of 72 thousand units
IN addition, the Japanese automaker expects that in fiscal year 2013 its sales volume will grow 25 percent in North America, and 18 percent worldwide.
Globally, Toyota sold 7.35 million vehicles last year, and 1.87 million in North America. For fiscal-year 2013, the automaker expects global sales to rise 18 percent to 8.7 million vehicles, and North American sales to jump 25 percent to 2.35 million vehicles.