Toyota today announced that it sold a total of 5.02 million cars worldwide in the first six months of this year - some way behind the 5.04 million units announced by the Volkswagen Group earlier this month. That figure includes cars from Volkswagen’s key brands, including Audi, Skoda, Seat and Porsche.
Those figures represent decreases for both manufacturers compared with the same period last year - with Toyota and Volkswagen reporting declines of 1.5% and 0.5% respectively.
Analysis by Bloomberg suggests Volkswagen’s sales have held relatively firm thanks to accelerated demand in Europe, where the market is growing at its fastest rate for more than five years. In particular, sales of the Volkswagen Passat and Porsche Macan have helped to give VW a firmer footing in Europe, where its sales have risen by 6%.
Conversely, Toyota is understood to have suffered from reduced demand in China, while failing to experience the same gains in Europe.