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Business

Toyota Motor's global vehicle sales hit record high

Figure for year ended March falls short of Volkswagen

TOKYO -- Toyota Motor on Thursday said its global vehicle sales grew 1.6% from a year ago to reach a new all-time fiscal-year high of 10,251,000 in the period to March, but performed worse than German rival Volkswagen.

The figure, which includes sales for subsidiaries Daihatsu Motor and Hino Motors, exceeded 10 million units for the fourth straight year, increasing year-on-year for the first time in two years.

During the same period, Volkswagen, with which Toyota vies for top spot in global sales, sold a total 10,299,400 vehicles, up 3.5% from a year ago, supported by brisk sales in China

(NQN)

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