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Volkswagen hits record sales in bid to top auto industry

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FRANKFURT: Volkswagen has announced record annual sales that could determine whether it keeps its crown as the world's largest automaker. The company based in Wolfsburg, Germany, said Tuesday (Jan 14) that it delivered 10.97 million vehicles in 2019.

Volkswagen was able to increase sales despite shrinking global auto markets. That means its market share increased against the competition. The company based in Wolfsburg, Germany, said Tuesday that it delivered 10.97 million vehicles in 2019.

The company based in Wolfsburg, Germany, said Tuesday that it delivered 10.97 million vehicles in 2019. General Motors held the title for more than seven decades before losing it to Toyota in 2008 and no longer has a shot at the top spot after selling its European business and closing other money-losing operations.

The company's diesel scandal, in which it rigged cars to cheat on pollution emissions tests, came amid a push under former CEO Martin Winterkorn to dethrone Toyota as No. 1 in sales.

 

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