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Toyota Comes Out As The World's Best-Selling Car Brand In 2020

Toyota in 2020 for the first time in five years became the leader in auto sales in the world

Thursday, 28 January 2021

/ by Kimelyn
Toyota Comes Out As The World's Best-Selling Car Brand In 2020
The leading Japanese automaker Toyota Motor sold more than 9.53 million vehicles worldwide in the 2020 calendar year, becoming the leader in this indicator among other companies. This is stated in the report released on Thursday by Toyota Motor.

At the same time, global sales, including those of Toyota group manufacturers Daihatsu Motor and Hino Motors, fell 11.3% in 2020 compared to 2019.

However, the main competitor of the Japanese concern, the German auto giant Volkswagen, sold about 9.3 million cars during the same period, which made the Japanese corporation, Toyota, a world leading brand. Toyota last topped this ranking in 2015.

Toyota Motor, despite the negative impact of the pandemic and the shutdown of plants, by the end of the year increased production to a record level in the company's history.

This is mainly due to increased demand in China, which is recovering faster than other countries from the difficulties caused by the pandemic.

Toyota's sales in Europe were the least affected compared to other regions of the world. In total, the Japanese concern sold about 960 thousand cars in European countries, which is 8.5% less than in 2019.

Source: Motor1

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