Toyota Remains World's Biggest Automaker For Fourth Straight Year

Jan 27, 2016 04:20 PM EST | John Nassivera

Toyota has closed out 2015 with a bang, remaining the world's top-selling carmaker for the fourth year in a row.

The Japanese automaker sold 10.08 million units in the full calendar year of 2015, while Volkswagen came in at second with 9.93 million units and General Motors was ranked third with 9.8 million units, according to Forbes.

The figures, which were released Wednesday, also show that the rankings were the same for 2014, with Toyota leading with 10.29 million cars sold.

While Toyota's sales saw a 0.8-percent decline last year compared to the year before, VW saw a two percent decline, USA Today reported. GM, however, saw a jump in sales by 0.2 percent.

Japanese truck maker Hino and Daihatsu are also included in Toyota's sales, and the achievement comes at a time when the automaker is considering buying the rest of Daihatsu, as it currently only has a stake in the company.

VW held the top spot for the first half of 2015, and it may have kept the title if it were for the emission-cheating scandal that broke out this past summer, BBC News noted.

Wednesday's announcement led to a 3.8-percent increase in Toyota's shares and a 16.4-percent increase in Daihatsu's shares on the Tokyo stock exchange. The jump in Toyota's shares also resulted from rumors pointing towards a cooperation deal with Suzuki. While both companies denied these reports, Suzuki's shares also rose by 11.4 percent.

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