Toyota s, Nissan s global sales fall short of Volkswagen s
|CTVnews 29 Jan 2019 at 23:15|
TOKYO -- Toyota Motor Corp. says it sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG.
Also Wednesday, Nissan Motor Co. said its global sales totalled 5.65 million vehicles last year, while Renault SA of France, which owns 43 per cent of Nissan, recorded global sales of 3.9 million vehicles.
Nissan owns 34 per cent of smaller Japanese rival Mitsubishi Motors Corp., which sold 1.2 million vehicles last year.
That adds up to 10.75 million vehicles, although that is not the official alliance tally.
The numbers released Wednesday underscore intense competition among the automakers.
U.S. automaker General Motors Co. was the No. 1 selling automaker for more than seven decades before losing the title to Toyota in 2008. Its sales have shrunk in recent years.