NAGOYA, Japan -- Toyota has overtaken Volkswagen to become the world's bestselling carmaker, the first time the Japanese automaker has taken the mantle in five years, thanks to strong sales in China and the U.S.
Toyota announced on Thursday that it sold 9.52 million new vehicles in 2020, down 11.3% from the previous year. The Japanese carmaker said when it combines sales of Subaru, which became an equity-method affiliate in 2020, the number reached 10.4 million units.
