# Last year Toyota 

By [OfsakVida](https://paragraph.com/@made3) · 2022-07-22

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Last year Toyota reported 10.5 million total car sales in 2021, outpacing Volkswagen by more than 1.5 million. Pre-pandemic in 2019 Volkswagen had edged out Toyota by 200,000 cars with 10.9 million vehicles sold.

What's more, Volkswagen shares have also lagged under Diess, gaining only about 10% since he was named CEO in 2018 — far below Toyota ([TM](https://money.cnn.com/quote/quote.html?symb=TM&source=story_quote_link))'s 60% gains in that time. So far this year, Volkswagen ([VLKAF](https://money.cnn.com/quote/quote.html?symb=VLKAF&source=story_quote_link))'s Germany-listed shares are down 28%.

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As part of the management management shakeup, chief financial officer Arno Antlitz will become chief operating officer.

_— CNN Business' Peter Valdes-Dapena contributed to this report._

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*Originally published on [OfsakVida](https://paragraph.com/@made3/last-year-toyota)*