Archives for January 2021

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With a maximum effort in the last month of the year, Volkswagen Group edged past Toyota Group to secure the title of World’s Largest Automaker 2020. Toyota came in 92,000 units behind. Volkswagen’s output was down 15% year-on-year, Toyota Group produced 14% fewer automobiles than 2019, both reflecting the COVID-hit global total industry volume, which was down 14.4%. If we would, see below, rank automakers by sales, and not by production, Toyota, having sold 9,528,438 units, would be the world’s largest.

3^rd-ranked Renault-Nissan-Mitsubishi came in a whopping 1.8 million behind Toyota. The massive 26% hit the Alliance took can’t be explained-away with the virus. Nissan was sicklish before the palace coup, post Ghosn all three Alliance member took to the ICU. Renault closed out the year 21% in the reds, Nissan was down 27%, and Mitsubishi Motors came in a gruesome 38% lower than the year before.

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