Hong Kong CNN —
Toyota has retained its lead as the world’s biggest automaker by sales, beating German rival Volkswagen for the fourth consecutive year.
Despite the good news for Toyota (TM), it risks becoming bogged down in scandals over how it puts some of its cars through inspections, and continued fallout from a decades-old problem with exploding airbags.
The Japanese manufacturer said Tuesday it had sold a record 11.2 million vehicles worldwide in 2023, including its Daihatsu and Hino lineups. That represented an increase of 7.2% versus the previous year.
By comparison, Volkswagen
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