Toyota Remains The World’s Top-Selling Carmaker

Japanese automaker Toyota remains the world’s top-selling car manufacturer for two consecutive years, beating major rival General Motors by some 270,000 in 2013.

Solid auto demand

After successful results of global auto deliveries, Toyota set a target of selling 10 million cars this year, marking a milestone as no carmaker has ever reached annual global sales of 10 million.

The upbeat outlook from the world’s biggest automaker indicates solid auto demand going into this year, led by key mature and emerging markets, as the recovery in the global auto market continues to gather momentum.

Toyota also revealed plans to sell 10.32 million cars and develop 10.43 million cars in 2014.

U.S. demand

The Japanese automaker remained optimistic about its outlook this year, expecting sales to increase 3% in the United States to 2.3 million vehicles.

The company is typically low-key about the rights of being the top seller.