Toyota world s No 1 car seller in 2020; overtakes Volkswagen
Toyota said on Thursday its group-wide global sales fell 11.3% to 9.528 million vehicles in 2020 compared to a 15.2 percent drop at Volkswagen to 9.305 million vehicles
Reuters | January 28, 2021 | Updated 15:13 IST
Toyota, however, has weathered the pandemic better in part because its home market Japan, and the Asian region in general, have been less affected by the outbreak than Europe and the United States
Japan s Toyota Motor Corp overtook Germany s Volkswagen in vehicle sales last year, regaining pole position as the world s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder.
TOKYO: Japan’s Toyota Motor Corp. overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder. Toyota said on Thursday its group-wide global sales fell 11.3 percent to 9.528 million vehicles in 2020. That compared with a 15.2
TOKYO: Japan’s Toyota Motor Corp. overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder.
Toyota said on Thursday its group-wide global sales fell 11.3 percent to 9.528 million vehicles in 2020. That compared with a 15.2 percent drop at Volkswagen to 9.305 million vehicles.
Automakers have suffered as coronavirus lockdowns have stopped people from visiting car showrooms and forced manufacturing plants to reduce or halt production.
Toyota, however, has weathered the pandemic better in part because its home market Japan, and the Asian region in general, have been less affected by the outbreak than Europe and the United States.
TOKYO (Reuters) - Japan s Toyota Motor Corp overtook Germany s Volkswagen in vehicle sales last year, regaining pole position as the world s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder.
Toyota said on Thursday its group-wide global sales fell 11.3% to 9.528 million vehicles in 2020. That compared with a 15.2 percent drop at Volkswagen to 9.305 million vehicles. Automakers have suffered as coronavirus lockdowns have stopped people from visiting car showrooms and forced manufacturing plants to reduce or halt production. Toyota, however, has weathered the pandemic better in part because its home market Japan, and the Asian region in general, have been less affected by the outbreak than Europe and the United States.
World is dangerously dependent on Taiwan for semiconductors
World is dangerously dependent on Taiwan for semiconductors
Taiwan’s role in the world economy largely existed below the radar, until it came to recent prominence as the auto industry suffered shortfalls in chips. Text Size:
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As China pushes the world to avoid official dealings with Taiwan, leaders across the globe are realizing just how dependent they’ve become on the island democracy.
Taiwan, which China regards as a province, is being courted for its capacity to make leading-edge computer chips. That’s mostly down to Taiwan Semiconductor Manufacturing Co., the world’s largest foundry and go-to producer of chips for Apple Inc. smartphones, artificial intelligence and high-performance computing.