Home Business Toyota Overtakes VW in Global Car Sales After Dieselgate Scandal

Toyota Overtakes VW in Global Car Sales After Dieselgate Scandal


Toyota has overtaken VW in global vehicle sales after releasing figures for the first nine months of 2015.

The Japanese automaker sold 7.5 million in the first three quarters of 2015, beating VW’s 7.43 million and General Motors’ 7.2 million.

After six months of 2015, VW was ahead of Toyota, in pole position for the first time.

VW’s emissions scandal emerged towards the end of September.

The discovery of software that was able to mislead emissions tests on diesel cars may have more effect on VW’s sales in the remainder of the year.Toyota Overtakes VW in Global Car Sales

Toyota’s sales for the first nine months were 1.5% below the level at the same stage last year.

Toyota first overtook GM to take the top slot in 2008 and has kept it every year since, except 2011 when GM was the top seller after a tsunami in north-eastern Japan disrupted Toyota’s production.

Separately, there was relief for General Motors on October 25 when it reached an agreement with the United Auto Workers union, averting a threatened strike.

Details of the four-year labor deal were not released. It will now go to a vote of UAW leaders and then the union’s 52,700 workers at GM.

“We believe that this agreement will present stable long-term significant wage gains and job security commitments to UAW members now and in the future,” said UAW president Dennis Williams.

The union had threatened that it would terminate its existing contract at midnight Eastern time on October 25, meaning there could have been a strike.

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.