Toyota's Time As World's Top Car Seller Nearly Over?
For the first time in 15 years, Toyota expects sales in the coming year to decrease, putting it in Volkswagen's sights as the world's top car seller.By Cliff Judy | January 21, 2015
Toyota’s days atop the car sales pyramid may be numbered as the company announced its projected sales for 2015.
Although the company announced worldwide sales for 2014 grew 3 percent — and that still makes Toyota the world’s top seller — the Japanese automaker also projected sales in 2015 to drop a percent.
It’s the first time in 15 years Toyota projected worldwide sales to drop. Much of it is due to what the company believes will be significantly lower demand in Japan.