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RADP / Pulse Ghana  >  news  >  business

Manufacturer beats Volkswagen, becomes world’s top-selling automaker

Inemesit Udodiong

Last week, Toyota announced that it has outsold Volkswagen and is currently leading the global car sales for October .

Toyota
Toyota

Toyota has beaten Volkswagen to become the world’s top-selling automaker.

According to the carmaker, it has outsold Volkswagen on a year-to-date basis since July.

READ: Toyota wins big at Nigeria Auto Journalists Awards

Data shows this to be true with Toyota’s vehicle sales totaling 8.35 million in the January-October period, while Volkswagen sold 8.26 million vehicles during the same period.

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Volkswagen’s loss can be attributed to it’s diesel emission scandal.

So far, this scandal has cost the company’s shares to go down and the first quarterly loss in 15 years.

Looks like the once prominent auto manufacturer may never recover despite it's 5 step strategy for a major comeback.

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Inemesit Udodiong Inemesit Udodiong Inem Udodiong is the Entertainment Editor. A movie buff, film critic with a core interest in African cinema, and wellness. Reach her via inem.udodiong@pulse.ng

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