Can Volkswagen Pull Ahead in Top Global Car Brand Race?

When fall comes around, it’s typical for a single carmaker to pull ahead of the pack as the top global car brand—but this year, the race remains close. Volkswagen and Toyota are running neck-and-neck, having produced almost the exact same number of vehicles so far this year, which means the title is still up in the air.

 

Top Global Car Brand
Volkswagen Wolfsburg (Photo: RONNY HARTMANN/AFP/Getty Images)

From January 2016 to September 2016, both of these carmakers have produced about 7.609 million vehicles, according to data released by each of the two companies. While Toyota is currently in the lead, Volkswagen trails by only 336 units. This is nothing in the automotive industry, especially since both carmakers tend to make about 10 million vehicles each year.

 

As to which brand will end up being the top global car brand, it looks like VW might pull ahead at the end of 2016. Currently, the German carmaker has a year-over-year growth of 2.4% from January 2016 to September 2016 compared to Toyota’s 1.2% growth in the same time frame. Add the fact that VW was actually in the lead until Toyota took the lead in August, and it is quite possible that the German brand will come out on top once again.

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