Thursday Morning Auto News, May 06, 2021

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Wednesday Morning Auto News, May 05, 2021

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Tuesday Morning Auto News, May 04, 2021

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Monday Morning Auto News, May 03, 2021

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Friday Morning Auto News, Apr 30, 2021

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Thursday Morning Auto News, Apr 29, 2021

Wednesday Morning Auto News, Apr 28, 2021

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World’s Largest Automakers Q1 2021: Toyota extends its lead over Volkswagen as industry recovers

With the first quarter 2021 in the statistics books, Toyota extends its lead over 2nd-placed Volkswagen Group to 276K units. Both OEMs are up in the double digits, compared to a COVID-ravaged Q1 2020.  The growth motor is China. In 2020, China was hit first by the virus, and in 2021, China is first to recover. Toyota’s sales in China were up 75% in the first quarter, Volkswagen Group’s China deliveries  grew 61% in Q1.  Volkswagen’s China -exposure is higher that Toyota’s. China amounts to 30% of Volkswagen’s global sales, at Toyota, 19% of global sales were made in China. [Continue Reading]

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