Will there be a new king in the automotive industry?
In the automotive industry there’s a lot that goes on behind closed doors. Whileit may not seem like it, every automaker is gunning for the number one spot asthe world’s largest automaker. According to Bloomberg Business, Volkswagen hasjust surpassed Toyota as the largest automaker in the first six months of 2015.From January to June, Volkswagen sold 5.04 million vehicles, while Toyota sold 5.02million units. General Motors,which is the third-biggest automaker, sold 4.86 million vehicles in the firstsix months of 2015.
Volkswagen wastargeting 2018 as the year it would take over Toyota for the largestautomaker, but these recent sales figures suggest it’s ahead of schedule. With carsales plummeting in China, automakers are looking towards boosting sales in theUS and European markets. The race betweenthese two automakers is definitely going to heat up before the end of the year.But when it comes down to it, would you rather have a VW or a Toyota? These twoautomakers may rule the roads pretty soon.