The 2012 Toyota Camry NASCAR Pace Car

Toyota outsells GM, Volkswagen to claim 2012 global sales title

Sales numbers from around the world are in and Toyota Motor Corporation outsold General Motors and Volkswagen Group in 2012 – allowing the Japanese automaker to reclaim the title that GM snatched away in 2011.

Toyota Motor Corp sold 9.75 million vehicles around the world in 2012, up a whopping 23% globally over 2011. This includes Toyota subsidiaries Hino Motors Ltd. and Daihatsu Motor Co. Toyota’s biggest improvement in 2012 came in their domestic market, where sales grew 35% to 2.41 million units on the year. Sales throughout the rest of the global markets rose by 19% to 7.33 million units and the United States accounted for a large chunk of those foreign sales figures – with 2.08 million vehicles accounting for an increase of 27% over the prior year. This growth in the US market allowed Toyota to increase their market share in the important American market from 12.9 to 14.4 percent, closing the gap a bit between themselves and market leader GM (own controlled 17.9% of the US market). Toyota also saw a 2% gain in the struggling European market while their Chinese interests posted their first decline since 2002.

Pages

Share on Facebook submit to reddit Share on Google+
Sign-up to our email newsletter for daily perspectives on car design, trends, events and news, not found elsewhere.