Toyota remains World’s Biggest Car Seller by hitting Volkswagen

Japan’s Toyota Motor Co remains the position of World’s Biggest Car Seller by crossing the sales 10.1 per cent last year. This is the second time they are achieving the position. Germany’s Volkswagen AG stand in the second position on sales after Toyota. According to the reports Toyota carmaker said sales were 10.5 million vehicles in 2021, including those by affiliates Daihatsu Motors and Hino Motors.

That compares with 8.9 million delivered by Volkswagen in the same period, 5% fewer than in 2020 and its lowest sales figures in 10 years.
Carmakers have been forced to cut output because a shortage of semiconductors during the coronavirus pandemic disrupted supply chains, boosting competition for the key component among makers of consumer electronic devices. However, the Japanese company has weathered the pandemic better than most other carmakers because its home market, Japan, and parts of Asia, have been less affected than Europe.

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