Toyota reclaims crown as world’s biggest car company

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 69%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The Japanese auto giant reclaimed the crown thanks to a sales decline that was less severe than its arch-rival during the global pandemic.

Toyota was the world’s best-selling carmaker in 2020, taking back the title from Volkswagen Group in a year hit by the coronavirus crisis.

It is because Volkswagen is more reliant on the European new car market that led to its greater decline: sales in the region fell 24 percent in 2020 .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines