Toyota Remains Top-Selling Automaker in First Half of the Year image

Toyota manages to remain the no.1 global automaker for the first half of the year, surpassing GM, its US rival.

Toyota sold 4.91 million vehicles in the first six months of the year, a decrease of 1.2% compared with the same period last year, while GM sold 4.85 million vehicles, up 4%, thanks to higher growth in the US. During the second quarter GM managed to outsell Toyota by almost 10,000 units. GM was the no.1 automaker for 70 years until 2008 when it lost the title to Toyota.

GM regained the crown in 2011, when Toyota’s production was affected by the natural disasters in Japan and Thailand. But the Japanese automaker quickly recovered and last year it took the first place again even if China sales were affected by the anti-Japanese sentiment caused by a territorial dispute.

During the first half Toyota’s sales were helped by strong demand in several regions, including Japan. VW took the third place with 4.7 million vehicles sold in the first half. Not including the 78,000 trucks sold by Toyota’s Hino Motors, the Japanese automaker’s global sales reached 4.83 million units.

“What truly defines being No. 1 is an eternal pursuit for which there is never an answer. The merit of scale is not just about numbers and is likely to lead to cost cuts,” said Toyota President Akio Toyoda.

Source: Toyota/GM