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Toyota stays top-selling carmaker for fourth year as VW retreats

It is also overhauling its production methods to slash development costs to try to offset any market downturn

Published Wed, Jan 27, 2016 · 09:50 PM
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Tokyo

TOYOTA kept its title as the world's biggest vehicle maker on Wednesday after posting global sales of 10.15 million vehicles for 2015, outpacing scandal-hit Volkswagen and US rival General Motors.

Struggling to move past a pollution-cheating scandal, Volkswagen earlier said it logged sales of 9.93 million vehicles worldwide last year, while Chevrolet and C…

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