The automakers have successfully topped the list of companies making the most sales in the first fiscal quarter of 2015.
In the most recent Toyota news, it has been seen as a pleasant surprise that the first has managed to get the first position to make the largest sales in the first quarter of the financial year 2015. The total cars that the firm has sold have come around 2.52 million, as per a report submitted by AFP Tokyo. This number has come about to be a massive one considering the kind of sales that the firm has made and it has turned out to be quite a success for the Japanese auto giants. Keeping in the mind the fact that the company on an overall basis witnessed a dip in the demand on the local level, this number of sales carried out has been no doubt commendable.
In the report presented by AFP, it has been observed that Toyota cars managed to not only beat German Volkswagen in the process of topping the list, but it also left behind GM Company which is an American firm. The Japanese automakers have made successful sales by being ahead not by a small margin but by a huge difference as Volkswagen has come next to the firm with its sales coming around at 2.49 million. As for General Motors, the firm only managed to sell around 2.4 million cars, securing the third position in making the most sales in the first fiscal quarter of the year.
If the past performance of TM sales is taken into consideration, it will be seen that the demand on a general level has seen a decline which is why the sales fell around 2.5% in the quarter as compared to the sales made in the previous one. For the full financial year of 2015, the expected sales are expected to be made around 10.23 million. The sales might be decreasing for the year and the reason given by analysts is that it shows that the Japanese giant is taking all the queries into consideration which arose after the customers faced some safety issues in the cars that they bought from the company.
The first time Toyota Company managed to beat all the other companies on the globe, like General Motors and other auto giants, was in 2008 when the first managed to top the list. Due to the natural calamities that hit Japan after that, the firm stumbled and took some time to get back in a position again. However this time around, the firm has shown that it has nothing to fear and a lot to do in the upcoming year, keeping in mind the amazing sales made in the start of 2015.
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