In some good news for the Volkswagen group, the German automobile conglomerate has managed to sell some good amount of vehicles, becoming the world's largest manufacturer for the first half of 2016. Volkswagen trumped Toyota from the Numero Uno spot to gain the top position, and that too after facing a lot of crisis due to the infamous Dieselgate episode.
Toyota, on the other hand, has been the largest manufacturer from the past couple of years and we hope it will bounce back in the H2 for the number 1 spot. Toyota, the Japanese automajor reported a drop in the sales due to a series of production stoppages. Toyota has been the number one manufacturer for the past 4 years and lagging behind a company which is not in its full swing is a sign of trouble for the Japanese giant.
Toyota managed to sell 4.992 million vehicles in 2016 H1, a 0.6 % drop than the same period last year when Toyota managed 5.021 million sales figures. Volkswagen, in comparison to Toyota, managed to sell 5.116 million vehicles in 2016 H1, a healthy 1.5 growth as compared to the same period last year. It's a good sign of revival for the Volkswagen and if they hold on to the numbers, VW can easily become the number one manufacturer once again after a long time.
As for the Toyota, the Japanese earthquake in April damaged a key supplier plant, hitting the production across the country for weeks. Before the wrath of the natural disaster, Toyota suffered another halt due to an explosion at another supplier's plant in February, which led to the shortage of parts. Both the shortages led to the shortage in the sales numbers.
Just so you know, Toyota manufactures brands like Toyota, Lexus and Daihatsu, while the Volkswagen Group heads Volkswagen, Audi, Skoda, Bentley, Bugatti and many more OEMs.Volkswagen as a brand suffered a lot of loss sue to the emission scandal when the VW admitted of installing illegal software to mask toxic emissions.
But the brand's owned companies like Audi and Porsche posted a healthy growth, offsetting the reduced VW sales and increasing its reach. VW is confident on surpassing the previous year's annual sales figure of 9.93 million vehicles. They say that the demand in China and Western European countries outweighs the reduced demand in the America and Russia.
VW is offering incentives in the States to lure back the lost business, while it is simultaneously pushing the electric vehicles to rebrand itself. The sales of VW in India aren't affected by the happenings worldwide. General Motors, came at the third spot with 4.76 million units in the 2016 H1, a 1.2 % decrease from the previous year's tally.
We will keep you updated on any development in the sales numbers.