On January 21, Toyota Motor Corporation announced that global sales for its group, which includes Daihatsu and Hino Motors, went up by 3% (from the previous year) to 10.23 million units in 2014. As a result, Toyota topped global sales again for the third consecutive year.
Domestic sales went up by 1% to 2.32 million units while sales outside of Japan continued to succeed with a 3% increase to 7.91 million units.
Toyotaâ€™s main competition comes from industry-leading Volkswagen in Europe and General Motors in the US. According to the 2014 results announced by each auto group, Volkswagenâ€™s global sales went up by 4.2% to 10.14 million units while GM recorded a 2% increase to 9.92 million units.
Toyota surpassed second-place Volkswagen by about 90,000 units to defend its status as the best-selling auto group in the world. Moreover, this was Toyotaâ€™s first time to exceed 10 million units in global sales.
(Translated by Travis Yamabata)