Monday, August 1, 2016

The Volkswagen Group outperforms Toyota and become the world's largest manufacturer

Crisis, what crisis? Volkswagen seems to be overcoming the scandal of emissions with commercial success worldwide, although in certain markets and their registrations have fallen, in the overall have improved records to clinch the top spot worldwide.

If in 2015 the first half of the year was dominated by VAG, with the problem of emissions in the second half was a little confusing and Toyota regained its top position. In the first half of 2016 it seems to be repeating history and Volkswagen which has managed to close dominate the world market.

Despite this good news for Volkswagen, economic results are not as satisfactory as in 2015. According to data provided by the German group, net profit fell by 36.8% to 3,579 million euros. This decrease is directly related to the provision of 2,200 million for the dieselgate.

It is also fair to say that the firm Volkswagen is the one which is weighing on the group results and is thanks to Audi, Porsche, Skoda and SEAT has been able to improve something the income statement, being very important Porsche in particular following increasing its operating profit.

What were the reasons for the decline in sales of Toyota? Mainly the problems experienced in Japan with earthquakes and explosion at a plant in addition to the significant drop in demand Toyota Prius in the United States (over 25%). Nor harassment of kei-cars is helping, something that particularly affects Daihatsu.

After General Motors is already the Renault-Nissan alliance with 4.31 million units sold Hyundai-Kia beating. You know that the Franco-Japanese alliance also includes Samsung, Datsun and Infiniti signatures and are also the ones that are showing greater signs of growth.

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