Japan's Toyota Motor Corporation has released its 2017 car sales forecast. It does not hold much hope for returning to the top of the sales championship, and is likely to be overtaken by the Renault-Nissan Mitsubishi Alliance and relegated to third place.

According to Reuters.com, Germany’s Sunday Illustrated cited Volkswagen’s internal forecast data that Volkswagen Group’s global car sales may increase to approximately 10.7 million vehicles in 2017, which will lead the German automotive giant to lead Japan’s Toyota Motor Corporation. Still the world's largest car manufacturer.

The German Sunday Illustrated also reported that the growth in the delivery of Volkswagen’s entire group helped its revenue exceed 220 billion euros for the first time (reaching 264.62 billion U.S. dollars). The company had set a record turnover of 217 billion euros in 2016, reaching a record level. .

Volkswagen will publish the official 2017 Group sales data on January 17 and will release the core financial results by the end of February.

Looking back at the history of global car sales, U.S. General Motors took the lead in 77 years prior to 2007, leaving Toyota in 2008. After 2014, Toyota and Volkswagen formed the pattern of striving for the weakest gap. In 2016, under the pressure of the diesel vehicle scandal, Volkswagen was boosted by double-digit growth in sales in China and increased sales in Europe. The 10.3 million vehicles finally surpassed Toyota to win the global sales championship.

In addition, another company that has risen suddenly has been incorporated into Mitsubishi Motors' sales since 2016. Therefore, Renault-Nissan’s Mitsubishi Alliance sold 9.602 million vehicles in the world in November, which is higher than that of Toyota. It will exceed 10 million vehicles and set a record high.

Toyota has already announced car sales in December, and its global car sales in 2017 may be 10.35 million, an increase of 2% from 2016. In accordance with this trend, the Volkswagen Group will defend the championship. Renault’s Nissan is expected to rise even more than two positions, and Toyota will be ranked third in the world.

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