Page last updated: 11 October 2024
The automotive industry has shown varied performance across major car manufacturers, with some brands achieving record sales while others saw moderate growth.
What are the top-selling car manufacturers globally?
Toyota remained the largest automaker globally in 2023, selling over 8.57 million units, which accounted for about 11.18% of global car sales.
This marked an increase of 3.47% from the 8.28 million units sold in 2022.
- Volkswagen (VW) followed closely with sales of around 4.97 million units in 2023, driven by strong performance in Europe and China.
- Tesla and BYD both had a strong presence in the electric vehicle (EV) market in 2023.
BYD reached 2.68 million car sales in 2023, marking a growth of 47.46% from 1.82 million units in 2022, positioning it as a major player in the EV sector.
Tesla, with over 1.77 million car sales in 2023, also demonstrated strong growth, increasing by 31.91% from 1.34 million units in 2022.
Other key players include Ford, General Motors, and Hyundai, each contributing to global sales with both traditional internal combustion engine (ICE) vehicles and electric models.
- Check the top 100 Brands by Car Sales as of 2023.
Which car manufacturer sold the most vehicles each year?
Toyota consistently led global sales from 2019 to 2023, maintaining its position as the top automaker.
- In 2023, Toyota sold 8.57 million units, a slight increase of 3.47% from 8.28 million units in 2022.
- Honda and Hyundai have remained stable in their sales performance during this period.
Honda sold around 3.77 million units in 2023, reflecting a 3.57% increase from 3.64 million units in 2022.
Hyundai, on the other hand, saw an increase of 4.68%, with sales rising from 3.38 million units in 2022 to 3.54 million units in 2023.
| Brand | 2019 Car Sales | 2020 Car Sales | 2021 Car Sales | 2022 Car Sales | 2023 Car Sales |
|---|---|---|---|---|---|
| Toyota | 8,578,155 | 7,583,468 | 8,254,315 | 8,282,491 | 8,569,973 |
| Volkswagen | 6,669,186 | 5,552,064 | 5,080,426 | 4,807,921 | 4,965,621 |
| Honda | 4,958,195 | 4,284,278 | 4,219,686 | 3,643,675 | 3,774,161 |
| Ford | 5,016,542 | 4,048,340 | 3,751,737 | 3,529,127 | 3,729,817 |
| Hyundai | 4,168,921 | 3,405,642 | 3,606,423 | 3,382,405 | 3,540,787 |
| Nissan | 4,497,703 | 3,533,792 | 3,449,805 | 2,824,267 | 2,975,048 |
| Suzuki | 2,910,805 | 2,374,281 | 2,664,574 | 2,841,135 | 2,916,149 |
| Kia | 2,667,969 | 2,571,520 | 2,771,272 | 2,687,205 | 2,731,370 |
| Chevrolet | 3,890,933 | 3,187,353 | 2,522,139 | 2,518,572 | 2,692,391 |
| BYD | 457,849 | 404,982 | 738,285 | 1,819,983 | 2,683,743 |
| BMW | 1,982,974 | 1,816,967 | 1,978,307 | 1,896,148 | 2,101,487 |
| Mercedes-Benz | 2,467,238 | 2,195,013 | 2,048,876 | 1,992,876 | 2,063,820 |
| Audi | 1,744,566 | 1,600,355 | 1,589,605 | 1,515,751 | 1,772,892 |
| Tesla | 304,783 | 456,406 | 1,030,513 | 1,342,112 | 1,770,354 |
| Renault | 2,208,122 | 1,711,942 | 1,586,735 | 1,362,848 | 1,435,847 |
| Fiat | 1,321,366 | – | 1,261,296 | 1,151,327 | 1,235,442 |
| Mazda | 1,453,621 | 1,225,875 | 1,218,746 | 1,059,059 | 1,182,034 |
| Peugeot | 1,413,023 | 28,152 | 1,161,207 | 1,012,749 | 1,060,432 |
| Changan | 752,093 | 842,825 | 1,011,372 | 1,112,791 | 1,011,336 |
| Jeep | 1,438,428 | 40,693 | 1,224,426 | 1,066,392 | 1,008,181 |
| Geely | 1,238,846 | 1,152,860 | 1,108,311 | 925,117 | 1,002,311 |
| Tata | 531,261 | 377,307 | 643,751 | 994,955 | 937,087 |
| Subaru | 1,001,482 | 849,514 | 831,345 | 778,137 | 889,975 |
| Wuling | 397,221 | 553,453 | 1,074,685 | 871,765 | 851,935 |
| GAC | 388,208 | 353,882 | 440,852 | 611,615 | 839,537 |
| Skoda | 1,190,325 | 951,359 | 816,621 | 696,725 | 804,710 |
| Chery | 454,869 | 503,032 | 769,973 | 729,454 | 799,063 |
| Daihatsu | 837,927 | 684,712 | 738,593 | 779,413 | 783,416 |
| Volvo | 742,170 | 712,329 | 770,727 | 688,348 | 750,483 |
| Buick | 1,095,745 | 1,106,686 | 1,025,650 | 745,722 | 702,821 |
Which car manufacturer sold the most vehicles in 2024?
With over 2.02 million vehicles sold in the first quarter of 2024, Toyota maintained its position as the top-selling car manufacturer.
- Toyota was followed by Volkswagen, which sold 1.15 million vehicles.
Which car manufacturer sold the most vehicles in 2023?
- Toyota maintained its position as the world’s top-selling car manufacturer in 2023, with total sales of 8.57 million vehicles, accounting for 11.18% of the global market.
What are the top car brands in different regions?
In North America, brands like Ford and Chevrolet remained popular in 2023, particularly for their range of SUVs and trucks.
- Ford sold approximately 2.1 million vehicles in the U.S. in 2023, a 1.4% increase from 2022, while Chevrolet saw a 1.2% rise in sales, reaching around 1.5 million units in 2023.
In Europe, Volkswagen dominated the market, benefiting from its strong presence in Germany and other central European countries.
- Volkswagen sold 4.97 million units globally in 2023, with a large portion coming from its European market. This marked a 3.28% increase from the 4.81 million units sold in 2022.
In Asia, Toyota and Hyundai led the market, with strong sales in Japan, South Korea, and Southeast Asia.
- Toyota‘s sales in Asia contributed to its global total of 8.57 million units, while Hyundai saw an increase in the region, with global sales reaching 3.54 million units, up by 4.68% from 2022.
How do electric vehicle (EV) sales impact car manufacturers?
EV sales continued to rise globally, influencing the strategies of traditional manufacturers.
- Tesla stood out in the EV market, selling 1.77 million units in 2023, holding a 19.9% share of the global EV market.
- BYD also increased their focus on EVs to meet the growing demand for sustainable vehicles. BYD captured a 17.1% share of the global EV market in 2023.
The market share percentages are based on BEV sales alone. While Tesla sells only BEVs, BYD’s sales include both Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs).
Which car manufacturers are growing the fastest?
BYD, GAC and Tesla showed the fastest growth, benefiting from the expanding EV market.
Traditional manufacturers like BMW and Volkswagen also experienced growth by incorporating more hybrid and electric models into their product lineups.
- BYD’s 2023 Sales: Increased by 47.46% from the previous year.
- GAC’s 2023 Sales: Increased by 37.27% from the previous year.
- Tesla’s 2023 Sales: Increased by 31.91% from the previous year.
- BMW’s 2023 Sales: Increased by 10.83% from the previous year.
- Volkswagen’s 2023 Sales: Increased by 3.28% from the previous year.
How do luxury car brands rank in global sales?
Mercedes-Benz and BMW maintained strong positions in the luxury car brand market in 2023.
- Mercedes-Benz sold 2.06 million units in 2023, reflecting a 3.56% increase from the previous year.
- BMW sold 2.1 million units in 2023, marking a 10.83% rise compared to 2022.
Which automaker is leading the EV market?
- Tesla led the EV market with its diverse range of electric models. BYD followed closely, boosted by strong sales in China and an expanding global presence.
Top 100 Brands by Car Sales as of 2023
| Brand | 2023 Car Sales | 2023 Market Share % |
|---|---|---|
| Toyota | 8,569,973 | 11.07% |
| Volkswagen | 4,965,621 | 6.41% |
| Honda | 3,774,161 | 4.87% |
| Ford | 3,729,817 | 4.82% |
| Hyundai | 3,540,787 | 4.57% |
| Nissan | 2,975,048 | 3.84% |
| Suzuki | 2,916,149 | 3.77% |
| Kia | 2,731,370 | 3.53% |
| Chevrolet | 2,692,391 | 3.48% |
| BYD | 2,683,743 | 3.47% |
| BMW | 2,101,487 | 2.71% |
| Mercedes-Benz | 2,063,820 | 2.67% |
| Audi | 1,772,892 | 2.29% |
| Tesla | 1,770,354 | 2.29% |
| Renault | 1,435,847 | 1.85% |
| Fiat | 1,235,442 | 1.60% |
| Mazda | 1,182,034 | 1.53% |
| Peugeot | 1,060,432 | 1.37% |
| Changan | 1,011,336 | 1.31% |
| Jeep | 1,008,181 | 1.30% |
| Geely | 1,002,311 | 1.29% |
| Tata | 937,087 | 1.21% |
| Subaru | 889,975 | 1.15% |
| Wuling | 851,935 | 1.10% |
| GAC | 839,537 | 1.08% |
| Skoda | 804,710 | 1.04% |
| Chery | 799,063 | 1.03% |
| Daihatsu | 783,416 | 1.01% |
| Volvo | 750,483 | 0.97% |
| Buick | 702,821 | 0.91% |
| GMC | 697,486 | 0.90% |
| Mitsubishi | 696,262 | 0.90% |
| Haval | 685,246 | 0.89% |
| Citroen | 676,695 | 0.87% |
| Ram | 662,980 | 0.86% |
| Perodua | 655,970 | 0.85% |
| Opel | 620,563 | 0.80% |
| Dacia | 599,438 | 0.77% |
| MG | 593,679 | 0.77% |
| Lexus | 556,407 | 0.72% |
| Seat | 499,938 | 0.65% |
| Isuzu | 450,850 | 0.58% |
| Li Auto (Ideal) | 376,032 | 0.49% |
| Hongqi | 370,506 | 0.48% |
| Lada | 354,406 | 0.46% |
| Cadillac | 350,394 | 0.45% |
| MINI | 268,485 | 0.35% |
| Land Rover | 267,075 | 0.34% |
| Porsche | 233,118 | 0.30% |
| Dodge | 228,872 | 0.30% |
| Changan Auchan | 220,643 | 0.28% |
| Jetour | 210,957 | 0.27% |
| Genesis | 207,939 | 0.27% |
| Chrysler | 192,701 | 0.25% |
| Lynk&Co | 179,249 | 0.23% |
| Dongfeng | 173,308 | 0.22% |
| Lincoln | 162,994 | 0.21% |
| Nio | 162,456 | 0.21% |
| Jetta | 162,000 | 0.21% |
| Freightliner | 159,487 | 0.21% |
| Acura | 158,883 | 0.21% |
| Roewe | 157,200 | 0.20% |
| Proton | 151,613 | 0.20% |
| Tank | 149,752 | 0.19% |
| XPeng | 142,954 | 0.18% |
| Denza | 127,253 | 0.16% |
| Shenlan | 123,968 | 0.16% |
| Zeekr | 118,685 | 0.15% |
| Hino | 115,104 | 0.15% |
| Exeed | 103,954 | 0.13% |
| Iveco | 102,712 | 0.13% |
| Ora | 102,009 | 0.13% |
| FAW | 101,674 | 0.13% |
| AITO | 101,631 | 0.13% |
| Leap Motor | 100,967 | 0.13% |
| Neta | 89,747 | 0.12% |
| Geely Galaxy | 83,491 | 0.11% |
| SAIC | 80,887 | 0.10% |
| JAC | 80,511 | 0.10% |
| Infiniti | 78,043 | 0.10% |
| Sehol | 74,995 | 0.10% |
| JinBei | 74,790 | 0.10% |
| smart | 70,945 | 0.09% |
| Alfa Romeo | 68,683 | 0.09% |
| Venucia | 65,491 | 0.08% |
| BAIC | 64,796 | 0.08% |
| SsangYong | 64,257 | 0.08% |
| Geometry | 62,616 | 0.08% |
| BAIC New Energy | 62,154 | 0.08% |
| OMODA | 61,280 | 0.08% |
| GAZ | 59,583 | 0.08% |
| Jaguar | 58,179 | 0.08% |
| Kenworth | 55,753 | 0.07% |
| DS | 54,724 | 0.07% |
| Polestar | 54,039 | 0.07% |
| Peterbilt | 51,828 | 0.07% |
| Voyah | 50,263 | 0.06% |
| Great Wall | 48,100 | 0.06% |
| Rivian | 47,984 | 0.06% |
| Lancia | 44,745 | 0.06% |
