A constant battle exist on who is to become the leading car manufacturers in the world and the crown seems to be always changing hands...This year the people seem to have wanted a leader driving a small unassuming little VW bug.
The U.K.’s Guardian wrote that, "Volkswagen-Porsche has overtaken Toyota to become the world's largest car manufacturer as the German group benefits from state-backed stimulus packages around the globe." Volkswagen was reported to have produced a total of 4.4 million vehicles so far this year. This is about 400,000 more cars than its closes rival Toyota. This milestone was possible as Volkswagen took over Porsche earlier this year (after ironically Porsche failed in the attempt to buy Volkswagen).
The U.K.’s Guardian wrote that, "Volkswagen-Porsche has overtaken Toyota to become the world's largest car manufacturer as the German group benefits from state-backed stimulus packages around the globe." Volkswagen was reported to have produced a total of 4.4 million vehicles so far this year. This is about 400,000 more cars than its closes rival Toyota. This milestone was possible as Volkswagen took over Porsche earlier this year (after ironically Porsche failed in the attempt to buy Volkswagen).
Apart from this there were other economical factors that helped VW to overtake Toyota...for example Toyota has closed some plans this year and also by looking at the net gainers from the European support for buying new cars, Volkswagen was the leader.
The question is whether VW can keep the lead as Toyota has an estimated total capacity to produce 10million cars a year...what do you think?
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