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.