Business

Toyota sells 10.5m vehicles, retains world’s biggest car seller in 2021

Toyota sold 10.5 million vehicles in 2021, a 10.1 per-cent jump from its sales in 2020 that sees the Japanese carmaker pulling farther ahead of its nearest rival, Volkswagen.

Despite the supply bottlenecks for semiconductors and other pandemic repercussions, Toyota said on Friday that both global sales and production were up year-on-year.

That meant that Toyota retained its title as the world’s biggest car seller.

It knocked Volkswagen from the top position last year after the German car giant held the crown for five straight years.

Toyota Motor Co also includes small car specialist Daihatsu and commercial vehicle maker, Hino Motors.

Volkswagen suffered a 4.5 per-cent drop in sales to 8.88 million vehicles last year amid the chip crisis and other supplier problems.

TheStar

Editor

Recent Posts

FAAN, security agencies arrest four bandits near Akure Airport

The Federal Airports Authority of Nigeria (FAAN) has announced the arrest of four suspected bandits…

55 minutes ago

Police bust kidnappers’ hideout in Nasarawa, recover rifles

Operatives of the Nigeria Police Force in Nasarawa State have uncovered a suspected kidnappers’ hideout,…

3 hours ago

EPL: Tottenham strike late to stun Liverpool as Man United boost top-four bid

Troubled Tottenham rescued a 1-1 draw at Liverpool thanks to Richarlison's late leveller, while Manchester…

3 hours ago

Sultan of Sokoto visits Tinubu at presidential villa

The Sultan of Sokoto, Muhammadu Sa’adu Abubakar III, on Sunday paid a courtesy visit to…

4 hours ago

FG alleges mining firm plot to discredit Nigeria during Tinubu’s UK visit

The Federal Government has to accused an embattled mining company, Jupiter Ltd, of planning what…

4 hours ago

Troops repel terrorists, recover bicycles in Marte–Dikwa axis

Troops of the Nigerian Army under the Joint Task Force North East, Operation Hadin Kai,…

6 hours ago

This website uses cookies.