Volkswagen Overtakes Ford as World’s 3rd Largest Automaker

While Toyota and General Motors continue to duke it out for first place among the world’s largest automakers, the lower rungs have been equally hotly contested. It came as a shock to many that Hyundai-Kia had surpassed Honda to take the Number 5 spot, but if you think the battle is being waged purely between the Far East and North America, don’t discount Europe for long. The continent’s largest auto group, Volkswagen, has claimed its place on the podium as the world’s third largest automaker, beating out Ford in the first half of this fiscal year. Read more