Volkswagen overtakes Toyota as world's biggest carmaker
German carmaker Volkswagen has overtaken Toyota as the world biggest carmaker by sales in the first half of the year. Japan’s Toyota has been on top of the sales chart for the last four years, they sold 10.175 million vehicles globally in 2016. However stay top will a big competition for the German carmaker, as their deliveries in china is falling drastically.
"2016 was a very challenging year for us.” Made strides in resolving and overcoming the diesel crisis" and initiated fundamental change in the company's long-term strategy said VW spokesperson
"Nonetheless, we managed to stabilize operating business in difficult conditions: the fact that we handed over more than 10 million vehicles to customers last year bolsters the group and its brands as we head for the future," he added.
"The hunt for scale only makes sense if it boosts synergies, something VW hasn't really been able to achieve," said Stefan Bratzel, head of the Center of Automotive Management think-tank. "Dependence on China is VW's weak spot and managing such a large group inevitably poses problems."
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