VW Overtakes Toyota As World’s Car Sales Leader

VW Overtakes Toyota

VW Overtakes Toyota In Car Sales For The First Half Of 2015

Volkswagen overtakes Toyota as the world’s largest carmaker by sales in the first half year, according to Reuters.

The German group on July 17 reported 5.04 million deliveries in the first half year. By comparison, Toyota said today it sold 5.02 million cars between January and June, a 1.5 percent decline on year-ago levels.

VW’s size may be turning into a disadvantage with over 310 models and nearly 120 factories worldwide. In April, CEO Martin Winterkorn ousted ex-chairman Ferdinand Piech for publicly criticizing him, signaling a leadership crisis at VW.

VW has been pushing for greater scale under Chief Executive Winterkorn’s eight-year reign, propelled by adding brands and factories and roaring sales in China.

For the full story, go to CNBC.

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Bill is an Associate Producer at Horsepower Broadcasting as well as our Operations Analyst. He personally oversees most all of the myriad interviews with our automotive celebrity guests. He handles scheduling, contacts, press releases, press passes and everything in between. His keen intellect is awe inspiring and he is a true academician in every sense of the term.

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