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
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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 Cadillac maker GM moved 9.8 million. In the first half of the year, the German giant was in pole position, outpacing Toyota as it rode momentum in emerging economies. But then it posted its first drop in annual sales for more than a decade, as it was hammered by a massive pollution cheating scandal.
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