It seems a report published by IHS Global Insight last Thursday was a little premature, with official numbers today showing Toyota is still ahead of Volkswagen in sales volume.
Volkswagen’s third-quarter financial results revealed the manufacturer produced 4.4 million vehicles during the first nine months of the year – trumping Toyota’s 4.2 million units. However, VW’s production total includes joint-ventures in which it doesn’t own a majority share, making its final figure artificially high.
Toyota, on the other hand, has legitimately produced 4.2 million vehicles this year, easily making it the world’s largest automaker. Adding Toyota’s affiliates to the mix puts the company at 4.9 million units produced.