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|10th November 2009, 12:27||#1|
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Volkswagen-Porsche - world's largest carmaker
Volkswagen-Porsche overtakes Toyota as world's largest carmaker ( Source: Timesfreepress)
Volkswagen has surpassed Toyota as the world's largest car manufacturer, according to figures in The Guardian newspaper.
Citing estimates by IHS Global Insight, VW has produced 4.4 million vehicles in the first nine months of the year. That's more than the 4 million made by Toyota, the newspaper said.
IHS Global Insight said the move by VW, which is building a plant in Chattanooga, was aided by Toyota's decision to halve its output in the first quarter.
Ford was in third place with a total of 3.7 million units and General Motors dropped to fourth with a total of 3.6 million.
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Last edited by agbenny : 10th November 2009 at 12:28.
|10th November 2009, 12:35||#2|
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This surge to the no 1 position has been aided largely by drop in toyota sales rather than a phenominal surge in VW sales. Toyota has surved among the big ones, but has been hit hard in the US market which is a major market for it. I should again return to the no 1 position with recovery of the us market.
|10th November 2009, 12:45||#3|
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