VW laps Toyota in first six months


              FILE - In this Feb. 24, 2011 file photo the Volkswagen logo is photographed at the company's headquarters at the Volkswagen plant in Wolfsburg, Germany. Automaker Volkswagen says Wednesday, April 29, 2015, that net profit rose to 2.93 billion euros (US dollar 3.23 billion) in the January-March quarter, from 2.47 billion euros in the same quarter a year ago. (AP Photo/Ferdinand Ostrop, File)
FILE - In this Feb. 24, 2011 file photo the Volkswagen logo is photographed at the company's headquarters at the Volkswagen plant in Wolfsburg, Germany. Automaker Volkswagen says Wednesday, April 29, 2015, that net profit rose to 2.93 billion euros (US dollar 3.23 billion) in the January-March quarter, from 2.47 billion euros in the same quarter a year ago. (AP Photo/Ferdinand Ostrop, File)
photo VW Volkswagen plant tile

Volkswagen overtook Toyota in global vehicle sales for the first six months of 2015 and for the first time the German automaker has come out top in the intensely competitive tallies.

Japanese automaker Toyota Motor Corp. said Tuesday it sold 5.02 million vehicles in the first six months, down 1.5 percent from the same period the previous year, as sales struggled especially in the languishing Japanese market.

Volkswagen AG said earlier this month that it sold 5.04 million vehicles during the same period. Sales were robust in Europe and North America but fell in China, usually a strong market for the company. Its first-half sales were 0.5 percent down from the same period in 2014.

Detroit-based General Motors Corp., the top-selling automaker for more than seven decades until being surpassed by Toyota in 2008, is expected to report its figure Thursday.

GM retook the sales crown in 2011, when Toyota's production was hurt by the quake and tsunami in northeastern Japan.

VW is investing $900 million at its Chattanooga plant where it plans to produce a new midsize sport utility vehicle late next year. The company also is hiring 2,000 more workers for the Chattanooga assembly plant.

Last year, Toyota sold 10.23 million vehicles, beating Volkswagen and General Motors. But it has said it's expecting to sell fewer trucks and cars this year, forecasting sales will fall 1 percent year-on-year to 10.15 million vehicles.

Volkswagen sold 10.14 million vehicles in 2014. VW makes the Beetle and Golf cars, and also has the Porsche, Bugatti and Audi brands under its group.

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