U.S. Markets open in 8 hrs 8 mins

Volkswagen delivered 10.8 million cars in 2018, eyes world No.1 spot

Reuters
Volkswagen delivered 10.8 million cars in 2018, eyes world No.1 spot

Volkswagen Group said on Friday its passenger car deliveries rose 0.9 percent last year to a record 10.83 million, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world's biggest carmaker. Rivals Toyota Motor and Renault-Nissan-Mitsubishi have not released 2018 registration figures, but the Franco-Japanese alliance sold 10.6 million cars in 2017 and racked up sales of 5.54 million cars in the first half of 2018. Toyota last month released a forecast for total global sales of 10.55 million cars last year, but has yet to confirm that with official numbers.