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Industry

autoviva2017-01-31 15:43:15

Despite scandals VW is top carmaker in the world

Volkswagen overtook Toyota as the best-selling car company in the world in 2016

Volkswagen is the biggest car maker in the world with 10.3 million cars sold worldwide

The VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
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31 videos
Group has reached the world's top carmaker position in 2016 selling over 10.3 million cars around the globe. Despite the “Dieselgate” scandal the German company, which also includes its AudiAudiAudiGermany, 1909 > present83 models
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27 videos
, SeatSeatSeatSpain, 1950 > present29 models
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4 videos
, SkodaSkodaSkodaCzech Rep., 1895 > present57 models
2557 photos
7 videos
and PorschePorschePorscheGermany, 1931 > present43 models
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brands, managed to overtake ToyotaToyotaToyotaJapan, 1937 > present155 models
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which registered a  slowdown in its sales growth with a total of 10.2 million vehicles.

 

Different growth pace makes the difference

 
The big difference between the two companies was clearly the values of sales growth. While ToyotaToyotaToyotaJapan, 1937 > present155 models
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just grew 0.2% in 2016, VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
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n managed to increase sales by 3.2%. In third place comes GM with an estimated 9.5 millions cars sold is expected to fall 3.1% compared to 2015.
 
The biggest problems from ToyotaToyotaToyotaJapan, 1937 > present155 models
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's sales in 2016 were the US and Chinese market, where growth couldn't follow the remaiming global regions.
 

“Dieselgate” scandal not slowing down VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
9654 photos
31 videos

 
Although sales grew 4% in Europe in 2016,  VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
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still lost market share in its second largest market. In fact in its domestic market, Germany, sales have fallen 7.2%. This is a result of the “Dieselgate” which slammed the German brand popularity. Still with the help of the remaining brands of the Group and the Chinese market the effects were reduced. 
 
With the help of the increasing popularity of AudiAudiAudiGermany, 1909 > present83 models
8213 photos
27 videos
and PorschePorschePorscheGermany, 1931 > present43 models
4639 photos
29 videos
as well as a high-demand in China, it looks like the company is efficiently reducing the negative side effects of the dieselgate. Skoda and Seat also registered positive sales years helping the VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
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31 videos
 Group to climb to the first position as the world's largest automaker.
 
In the US market the VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
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Group saw its sales fall by 2.6% and in Brazil sales volume dropped 34%. China continues to be the best-selling market of the company, with sales going up 12.2%.

 

VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
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31 videos
to keep top place in 2017

 
Economic forecasters are predicting that  VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
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will be able to keep the title of world's largest carmaker in 2017. In fact ToyotaToyotaToyotaJapan, 1937 > present155 models
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's higher dependence on the US market is probably its biggest weakness. And US President Donald Trump withdrawing the country from the Trans-Pacific Partnership trade accord is definitely not good news for ToyotaToyotaToyotaJapan, 1937 > present155 models
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.
 
Moreover, the possible renegotiation of the North American Free Trade Agreement involving Mexico, promised by Trump during the campaign, will worsen things even more. ToyotaToyotaToyotaJapan, 1937 > present155 models
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is planning to open a new plant in Mexico to build the CorollaCorollaToyota CorollaJapan, 1966 > present11 series
179 versions
108 photos
has already been criticized by Trump, as the new US President is clearly pressuring car makers to produce more cars on US soil.
 
So ToyotaToyotaToyotaJapan, 1937 > present155 models
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is clearly more exposed to the US market than  VolkswagenVolkswagenVolkswagenGermany, 1938 > present98 models
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, which means that if the Chinese and European market continue its growth levels, the German company should be able to be the largest carmaker in the world in 2017.
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