Pull over, Toyota, there is a new top dog in the world of automotive, and it’s Volkswagen!
The German automotive group is now the best-selling, world’s largest automaker, ending the Japanese company’s four-year reign and realizing its decade-long goal to reach the top.
Interestingly, the title for world’s largest automaker is not determined by how many vehicles an company sells. Rather, it is based on how many cars they produce.
That said, only 100,000 units or so separates the two main contenders. Volkswagen produced 10,312,400 vehicles (up 3.8 percent) to Toyota’s 10,213,486 (up 1.3 percent), while General Motors — once the world’s largest for decades before being unseated by Toyota — trailed by with approximately 9,574,771 units (down 3.1 percent).
Though Toyota is no longer be the biggest of the big, it remains the most profitable, nearly doubling Volkswagen’s 2016 earnings. And there is nothing more important that profits, right?
Does the shift in the automotive world order change your perception of Toyota, Volkswagen and/or General Motors, particularly their cars? Share your thoughts in the comments below.