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Global Car Sales 2023: Toyota Leads, Volkswagen and BYD Make Big Moves

Global Car Sales 2023: Toyota Leads, Volkswagen and BYD Make Big Moves

In 2023, the global car manufacturing landscape was primarily led by Toyota, notable for maintaining its lead over competitors with significant sales figures. This ranking is derived from registration data collected from 159 countries, encompassing all brands and models.

 

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Key Highlights:

  1. Toyota Group

    • Sales: 10.8 million vehicles
    • Growth: +4.6%
    • Summary: Toyota continued its dominance in 2023, achieving substantial sales figures and maintaining a wide gap over the next leading group.
  2. Volkswagen Group

    • Sales: 8.8 million vehicles
    • Growth: +10.9%
    • Summary: Volkswagen showed notable growth, particularly in America (+16.6%) and Europe (+20.3%).
  3. Hyundai-Kia

    • Sales: 7.1 million vehicles
    • Growth: +3.9%
    • Summary: The group's increase in sales was largely driven by market expansions in America (+7.9%) and Asia (+6.3%).
  4. Renault-Nissan Alliance

    • Sales: 6.9 million vehicles
    • Growth: +5.8%
    • Summary: While the Alliance struggled in Asia and Africa, it compensated with strong growth in the Americas (+22.2%) and Europe (+18.0%).
  5. Stellantis

    • Sales: 6.5 million vehicles
    • Growth: +3.2%
    • Summary: Stellantis faced declines in Asia but saw positive performance in Europe with a notable increase.
  6. General Motors

    • Sales: 6.2 million vehicles
    • Growth: +3.3%
    • Summary: GM kept its growth trend consistent, with steady sales maintaining its competitive position.
  7. Honda Motor

    • Sales: 4.1 million vehicles
    • Growth: +4.2%
    • Summary: Honda experienced moderate growth, securing its place in the global market amidst strong competition.
  8. Ford

    • Sales: 3.9 million vehicles
    • Growth: +4.5%
    • Summary: Ford's sales growth indicates healthy market performance, amidst the increasing industry competition.
  9. Suzuki

    • Sales: 3.05 million vehicles
    • Change: -0.2%
    • Summary: Suzuki faced a slight decline in sales but maintained its position in the top 10 manufacturers.
  10. BYD

    • Sales: 2.6 million vehicles
    • Growth: +46.3%
    • Summary: BYD made a significant leap, rising three spots primarily due to its growth in both EV and combustion vehicle markets. It outperformed Tesla, positioning itself as the leading EV specialist.
  11. Tesla

    • Sales: 1.7 million vehicles
    • Growth: +22.0%
    • Summary: Tesla achieved substantial growth, continuing to expand its presence in the electric vehicle market but fell behind BYD in overall sales.

 

The 2023 ranking highlights the dynamic nature of the automotive industry, with traditional powerhouses like Toyota and Volkswagen continuing to lead, while companies like BYD and Tesla showcase the rising influence of electric vehicle specialists.

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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