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Business trends

Toyota falls to third place in 2017 global car sales

Renault-Nissan pulls into second with help of Mitsubishi

Toyota's group sales include those at minicar unit Daihatsu Motor and truck maker Hino Motors.   © Reuters

TOKYO -- Toyota Motor once again missed the top spot in the global vehicle sales for the second straight year in 2017, losing to Germany's Volkswagen and likely falling into third place after the Renault-Nissan-Mitsubishi alliance.

Toyota said Tuesday its global vehicle sales in 2017 totaled a record 10,386,000, up 2.1%, compared to the 10.74 million, up 4.3%, sold by Volkswagen in the same period. The figure for the Renault-Nissan-Mitsubishi group is expected to reach a similar level to Volkswagen.

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