TOKYO—Toyota Motor Corp. sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG, the Japanese automaker said Wednesday.
Separately, the Nissan-Renault-Mitsubishi alliance reported that its combined global sales stood at 10.76 million vehicles, up 1.4 percent from the previous year.
Nissan Motor Co.’s global sales totaled 5.65 million vehicles last year, while Renault SA of France, which owns 43 percent of Nissan, recorded global sales of 3.9 million vehicles.
Nissan, Japan’s second biggest automaker, owns 34 percent of smaller Japanese rival Mitsubishi Motors Corp., which sold 1.2 million vehicles last year.
The numbers released Wednesday underscore intense competition among the automakers.
US automaker General Motors Co. was the No. 1 selling automaker for more than seven decades before losing the title to Toyota in 2008. Its sales have shrunk in recent years, and the Detroit-based automaker is no longer really a contender in what is turning out to be a three-way race.
Toyota’s vehicle sales last year rose two percent from 2017; while Nissan’s fell nearly three percent. Mitsubishi’s jumped 18 percent year-on-year, and Renault’s sales climbed three percent. (AP)