Toyota moved up to second place, and the top three is rounded out by Renault-Nissan-Mitsubishi, which, however, has not yet published full sales data.
Comparing results with 2018, Volkswagen improved its figures by 1.3 percent, while Toyota, which sold 10,742,122 vehicles (including Lexus, Daihatsu, and Hino), added 1.4 percent. The Renault-Nissan-Mitsubishi alliance has not yet presented its final figure, but the companies within it have already announced global sales volumes for last year: in total, approximately 10.298 million vehicles. The decline was 4.3 percent.
The loss of first place, which Renault-Nissan-Mitsubishi held in 2018, is linked to a challenging period for the alliance. A day earlier, Reuters reported that Nissan is preparing a cost-cutting strategy of $4.4 billion by 2023. This plan involves eliminating thousands of jobs, closing a number of plants, trimming model lineups, and reducing the number of trim levels for current models.
