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Jul 31, 2014
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Volkswagen Closes In On Toyota As Global Auto Leader
Volkswagen is closing in on Toyota Motor Corp as the global leader in vehicle sales, with a rapid expansion drive in China – the world’s biggest auto market – while Toyota curbs growth to focus on shoring up quality.
Toyota, reigning at the top spot in the auto industry for two years in a row, announced relatively robust global sales growth of 3.8 per cent for the first six months of the year to 5.097 million vehicles on Wednesday, a record first-half result.
Source -
http://gulfbusiness.com
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