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BUSINESS / CORPORATE


TOYOTA SECOND IN 2019 GLOBAL CAR SALES, OVERTAKING NISSAN-RENAULT

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 * Visitors stand by a Toyota Motor Corp. car at a showroom on Thursday in
   Tokyo. German automaker Volkswagen AG has kept its lead as the world's
   largest automaker, selling more vehicles than Toyota last year. | AP

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   Jan 30, 2020
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Toyota Motor Corp. group climbed to second place in the 2019 global auto sales
rankings on its robust North America demand, overtaking the Nissan Motor Co.,
Renault SA and Mitsubishi Motors Corp. alliance, data showed Thursday.

Toyota sold a record 10.74 million units globally in 2019, up 1.4 percent from a
year earlier, to finish behind only Volkswagen AG of Germany. Robust sales of
Lexus-brand cars and the company’s RAV4 sport-utility vehicle were behind the
result.



Daihatsu Motor Co. minivehicles and trucks sold by Hino Motors Ltd. are included
in Toyota’s figure.

Volkswagen took the top spot for the fourth consecutive year with a record-high
10.97 million units sold, up 1.3 percent from the previous year, while the
French-Japanese alliance posted sales of 10.16 million units, down 5.6 percent.

The alliance has suffered sluggish sales in the U.S. market since November 2018,
around the time of the arrest of the group’s former boss Carlos Ghosn.


RELATED STORIES

 * Toyota union to demand ¥10,100 monthly rise and bonus of 6.5 months' pay
 * Panel upholds decision not to indict ex-Nissan chief Hiroto Saikawa
 * Nissan takes an ax to the house that Ghosn built with new cost-cutting
   measures
 * Toyota stops production in China until Feb. 9 amid coronavirus outbreak


KEYWORDS

Toyota, Nissan, carmakers, Renault, Volkswagen, cars
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