Toyota wins back world's top auto sales crown from GM

TOKYO Mon Jan 28, 2013 11:29am IST

1 of 2. Toyota Motor Corp's remodeled 'Crown Athlete' appears between curtains during an unveiling in Tokyo December 25, 2012.

Credit: Reuters/Yuriko Nakao/Files

Stocks

   

TOKYO (Reuters) - Toyota Motor Corp (7203.T) regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors (GM.N) and Volkswagen (VOWG_p.DE).

Toyota said on Monday it sold 9.75 million vehicles group-wide around the world last year, a record for the 75-year-old Japanese automaker and up 22.6 percent from a year ago.

The result was in line with the company's December forecast, and put it back in the No. 1 spot, which it lost in 2011 when it was hit by a wave of negative publicity after a recall crisis in the United States, and a disrupted supply chain following an earthquake in Japan and floods in Thailand.

Toyota held the global sales crown from 2008 through 2010, but fell to third place in 2011 behind GM and Volkswagen.

GM sold 9.28 million vehicles in 2012, up 2.9 percent from a year ago, while Volkswagen sold 9.07 million vehicles, up 11.2 percent.

Toyota aims to sell 9.91 million vehicles group-wide globally in 2013, up 1.6 percent from 2012.

The Toyota group also includes sales at Daihatsu Motor Co (7262.T) and Hino Motors Ltd (7205.T). Toyota-only sales hit a record-high 8.72 million vehicles, up 22.8 percent on a year ago.

Toyota's domestic rival Nissan Motor Co (7201.T) said on Monday it sold a record 4.94 million vehicles globally in 2012, while Honda Motor Co (7267.T) sold 3.82 million vehicles, up 19 percent.

(Reporting by Yoko Kubota; Editing by Richard Pullin)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Healthcare Corruption

REUTERS SHOWCASE

Short of Expectations

Short of Expectations

Apple revenue lags Street's view despite strong China growth  Full Article 

Mircosoft Results

Mircosoft Results

Microsoft revenue rises, profit falls as Nokia absorbed  Full Article 

Deal Talk

Deal Talk

Exclusive - Lupin, U.S. firms weigh bids for GSK's mature drugs: sources  Full Article 

Relief For Sahara

Relief For Sahara

Supreme Court could allow Sahara boss to conduct asset sale talks, company says.  Full Article 

Classifying Banks

Classifying Banks

RBI to start announcing too-big-to-fail banks in Aug 2015  Full Article 

Food Scandal

Food Scandal

Starbucks, Burger King dragged in as China food scandal spreads.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage