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)

Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

Obama's India Visit

Reuters Showcase

RK Laxman Dead

RK Laxman Dead

'Common Man' cartoonist RK Laxman dead at 93  Full Article 

Nuclear Group

Nuclear Group

China urges India to take steps to satisfy standards of NSG  Full Article 

India’s Male Tenor

India’s Male Tenor

India’s lone male tenor wants to ‘Indianise’ opera  Full Article 

Facebook Outage

Facebook Outage

Hacker group claims it is behind outages at Facebook, other sites  Full Article 

U.S. Blizzard

U.S. Blizzard

`Life-threatening' blizzard shuts down much of U.S. Northeast  Full Article 

Australian Open

Australian Open

Berdych ends Nadal tyranny on day of shocks  Full Article 

Fashionable Modi

Fashionable Modi

When Modi met Obama, his name was all over - his suit  Full Article 

Photo

Auschwitz Anniversary

Last survivors recall Auschwitz, ask if lessons learned  Full Article | Related Story 

Reuters India Mobile

Reuters India Mobile

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