Archives for February 2021

Toyota Group starts the year with something nearly forgotten since the pandemic hit: Black numbers. Compared to January 2020, Toyota grew its global sales by nearly 4%, powered by strong results in China and North America, and it takes a deserved top spot in the rankings. Volkswagen Group came in not far behind with a slight -1.4% YOY. Volkswagen was dragged down by a 28% contraction at home in Western Europe, which strong China sales (+22.1%) could not quite make up.

The Renault-Nissan-Mitsubishi Alliance, down 8.5% YOY, is still losing precious blood. Of the three, Nissan, down only 1.9%  in January, could stem the bleeding to a large degree. Renault however ended January with a nearly 16% open wound.

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