Early Figures Indicate That VW Might Have Overtaken Toyota As Number One Automaker In 2014

Early Figures Indicate That VW Might Have Overtaken Toyota As Number One Automaker In 2014

While final official figures are pending, the VW Group has reportedly overtaken Toyota as the world’s best-selling car manufacturer in 2014.

According to a report from automotive data researcher Focus2move, the VW Group sold 9.91 million passenger cars and light commercial vehicles last year, compared with Toyota’s 9.81 million. More specifically, VW Group sold 9,919,305 vehicles, while Toyota sold 9,818,609 units, 100,000 less than the German group.
 


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MDarringerMDarringer - 1/14/2015 6:25:26 PM
+4 Boost
Even so, VW's profit per car is a fraction of Toyota's profit per car.


Agent009Agent009 - 1/14/2015 8:11:29 PM
-3 Boost
You mean Toyota uses cheaper parts?


Vette71Vette71 - 1/14/2015 8:39:12 PM
+1 Boost
Read "The Machine That Changed the World". Toyota pioneered more efficient ways of designing, getting parts, and building cars. Far more efficient than the Europeans. Also all those brands are costing VW reducing profits versus Toyota.


chewychewy - 1/15/2015 1:05:23 AM
+1 Boost
And you have both brand's financials at hand?


Agent009Agent009 - 1/15/2015 9:02:20 AM
-2 Boost
Vette71 - Forbes said VW is more profitable in 2013.
Your book was written in 2007. A lot has changed since then

http://www.forbes.com/sites/joannmuller/2013/04/18/vw-is-already-the-worlds-leading-automaker/

The German manufacturer has the highest revenues, profits and assets of any automaker, according to Forbes’ 2013 Global 2000 list. Its market value is second only to Toyota’s.




TheSteveTheSteve - 1/14/2015 8:43:23 PM
+2 Boost
MDarringer brings up a valid point. We see something similar in the phone wars. Samsung is the lion in terms of smartphone unit sales numbers, however Apple owns the lion's share of the smartphone profits even though they sell fewer numbers.

The same thing *might* be happening with VW and Toyota. If it turns out that VW sold more units than Toyota, but ended up not doing so well financially, that might not be something to write home about. I'm not familiar enough with unit sales numbers or the financial statements of either company to form a valid opinion as to whether this is "good" or "bad" for either.


CarCrazedinCaliCarCrazedinCali - 1/14/2015 9:54:39 PM
+1 Boost
Toyota's quality has suffered greatly since they made it a goal to sell the most cars, so it seems to me that this number one status comes with a lofty price. Toyota wins for having the most recalls, wee!


Agent009Agent009 - 1/15/2015 9:45:12 AM
+1 Boost
You sir, have a great point. No one stays on top for long.


94geo94geo - 1/15/2015 12:17:59 AM
+5 Boost
Hmm so VW needs around 10 brands to sell what, what toyota does with Lexus and scion as its only supporting brands...which sell in relatively small numbers anyway. The "VW group" may sell more cars, but I can guarantee more cars with a toyota emblem were sold this year than with a VW emblem. Making toyota the most sold brand, and that won't change for a very long time..


knowitall1985knowitall1985 - 1/16/2015 5:11:23 PM
+1 Boost
GM outsold both of them for years and went bankrupt.


HughJassHughJass - 1/19/2015 8:24:46 AM
+1 Boost
Did VAG buy another brand this year?
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