Toyota reclaims crown as world’s biggest car company

📆 2021-02-01 오후 4:48:00
📰 TheNationNews

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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 .

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