Cars
On Thursday, General Motors reported global sales of 9,025,942 units in 2011, up 7.6% over 2010, which makes it the world's largest automaker in terms of volume.
- Volkswagen Group Sells Record Number Of 7.5 Million Vehicles From January To October
If you're wondering why the Volkswagen Group isn't as worried as other carmakers in Europe and can even afford to provide better financial terms for buyers in the continent, all you have to do is look at the general picture that is its global...
- Toyota Reclaims Sales Crown From General Motors In The First Quarter Of 2012
In 2011, some two years after it went into bankruptcy, General Motors managed to recoup the top spot as the world's largest automaker, no thanks to Toyota's production problems that stemmed from the tsunami and other natural disasters that hit...
- Gm Is World’s Number One Automaker, Toyota Drops To 3rd Place Behind Vw
Well, it was almost certain to happen after the March 11 earthquake and Tsunami hit Japan causing multiple problems to the country's automotive industry. Toyota, the world’s largest carmaker, saw its production drop by 23% to 3.37 million...
- Hyundai - Kia Group Targeting A 10-percent Increase In Sales For 2011
For the Hyundai Motor Group and its affiliate Kia Motors, the New Year brings a new sales target as the South Korea's largest automaker said on Monday it aims to sell 6.33 million cars in 2011, which represents a 10 percent increase over 2010 when...
- Volkswagen Group Officially Takes Control Of Scania
The Volkswagen Group has received the necessary antitrust approvals from the E.U. and other countries worldwide to buy the majority of stakes in Swedish truck manufacturer Scania AB. Earlier this year, the German Group had reached an agreement with Investor...
Cars
GM is World's Largest Automaker in 2011 but VW Group Says Not so Fast
On Thursday, General Motors reported global sales of 9,025,942 units in 2011, up 7.6% over 2010, which makes it the world's largest automaker in terms of volume.
Earlier this month, the Volkswagen Group announced that it sold a total of 8.16 million vehicles, up 14.3 percent compared to the previous year, which puts the German automaker in second spot - or so we thought.
You see, today, Volkswagen is questioning GM's numbers and of course its crown as the bestselling automotive group in the world. According to a report from The Wall Street Journal, the German company argues that unlike GM, it's numbers don't include sales of its affiliates such as MAN SE and Scania AB, in which VW has majority-ownership stakes.
Read more »- Volkswagen Group Sells Record Number Of 7.5 Million Vehicles From January To October
If you're wondering why the Volkswagen Group isn't as worried as other carmakers in Europe and can even afford to provide better financial terms for buyers in the continent, all you have to do is look at the general picture that is its global...
- Toyota Reclaims Sales Crown From General Motors In The First Quarter Of 2012
In 2011, some two years after it went into bankruptcy, General Motors managed to recoup the top spot as the world's largest automaker, no thanks to Toyota's production problems that stemmed from the tsunami and other natural disasters that hit...
- Gm Is World’s Number One Automaker, Toyota Drops To 3rd Place Behind Vw
Well, it was almost certain to happen after the March 11 earthquake and Tsunami hit Japan causing multiple problems to the country's automotive industry. Toyota, the world’s largest carmaker, saw its production drop by 23% to 3.37 million...
- Hyundai - Kia Group Targeting A 10-percent Increase In Sales For 2011
For the Hyundai Motor Group and its affiliate Kia Motors, the New Year brings a new sales target as the South Korea's largest automaker said on Monday it aims to sell 6.33 million cars in 2011, which represents a 10 percent increase over 2010 when...
- Volkswagen Group Officially Takes Control Of Scania
The Volkswagen Group has received the necessary antitrust approvals from the E.U. and other countries worldwide to buy the majority of stakes in Swedish truck manufacturer Scania AB. Earlier this year, the German Group had reached an agreement with Investor...