Toy­ota re­mains world's big­gest car maker

The Pak Banker - - MARKETS/SPORTS -

Toy­ota has kept its crown as the world's top-sell­ing car­maker for the fourth straight year. The com­pany sold 10.15 mil­lion cars over­all in 2015, slightly beat­ing ex­pec­ta­tions.

Ger­many's Volk­swa­gen came se­cond with 9.93 mil­lion ve­hi­cles sold, fol­lowed in third by Gen­eral Mo­tors from the US with 9.8 mil­lion.

Volk­swa­gen had been top in the first half of 2015 be­fore a diesel emis­sions scan­dal set back sales. Busi­ness in a num­ber of ma­jor mar­kets such as the US and Ja­pan, as well as in emerg­ing mar­kets, has slowed due to the global eco­nomic slow­down.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.