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Business, Economy

“Toyota remains world’s biggest car seller, widens lead on Volkswagen”

Japan’s Toyota Motor said on Friday its vehicle sales rose by 10.1% last year, making it the world’s biggest carmaker for a second straight year and putting it further ahead of its nearest rival, Germany’s Volkswagen. The 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…”

https://www.cnbc.com/2022/01/28/toyota-remains-worlds-biggest-car-seller-widens-lead-on-volkswagen.html

That gap is going to increase even further because Japanese cars have a reputation of being not only cheaper but more durable. They last longer or at least that is the image they have. In these times when things are becoming more expensive prices and quality will matter even more.

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