The Business Times
SUBSCRIBERS

Even before diesel scandal bites, VW loses its sales crown

Published Tue, Oct 27, 2015 · 09:50 PM

Frankfurt

VOLKSWAGEN'S reign as the world's biggest carmaker has been short-lived, and the company - in the throes of an emissions-cheating scandal - is bringing in a new head of corporate strategy.

Toyota published figures on Monday that showed it sold more vehicles in the first nine months of 2015 than Volkswagen, retaking the No 1 position. Only three months earlier, Volkswagen had surpassed Toyota for the first time and, however briefly, realised a long-held dream to become the world's biggest carmaker.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here