F&I Management & Training

Volkswagen looks set to roar past Toyota as the world's top-selling motor group for the first time. Volkswagen, which includes brands such as Audi, Skoda and SEAT in its stable, says vehicle sales fell 11.4 per cent in the first three months of the year to 1.39 million. That gives the group an 11 per cent global market share, up from 9.7 per cent a year earlier. Toyota has given no forecast for retail sales, but its latest estimate for the first quarter is 1.23m vehicles, down 47 per cent on a year ago. Toyota has been the world's biggest carmaker since the first quarter of 2007 when it overtook General Motors, which had held the position since 1931.

DATED: 25.04.09

FEED: AW