2023 global sales list: Toyota won the championship with more than 10 million, and BYD ranked ninth with 3 million
In 2023, the global automotive market will show a trend of diversification, with major automotive groups performing differently in different markets and segments. With the release of sales data for 2023 by major auto brands, the top 10 global auto brands in terms of sales volume have also been released. Today, Brother Jiang will take a look with you, who are the top ten brands in the world's sales?
No.1 Toyota Group
Total sales in 2023: 10.65 million units (forecast)
According to GlobalData data, Toyota Group's global sales in 2023 will increase slightly by 1.62% year-on-year to 10.65 million units, ranking first in the world for four consecutive years. Among them, Toyota's sales in the Chinese market fell to 1.9076 million units, a year-on-year decrease of 1.7%, the North American market delivered 2.2 million units, a year-on-year increase of 33%, the Japanese domestic market, the delivery volume reached 1.9 million units, a year-on-year increase of 30%, in the European market, Toyota delivered 1.2 million units in 2023, a year-on-year increase of 6%, and in Southeast Asia, Africa, South America, Australia and other markets, Toyota also sold more than 3.55 million units.
Although Toyota's influence and brand effect are still strong, it still has not made much progress in the field of pure electric vehicles, and at the same time, the cost of betting on hydrogen fuel vehicles is too high, and it has not yet achieved results. Of course, Toyota is not completely blind to the direction of electrification, and they are currently betting on solid-state batteries. In the future, can Toyota catch up in the process of new energy?
No.2 Volkswagen Group
Total sales in 2023: 9.24 million units
In 2023, the Volkswagen Group's global deliveries increased by 12% year-on-year to 9.24 million vehicles. Among them, the Volkswagen brand, a subsidiary of the Volkswagen Group, will have global sales of 4.87 million units in 2023, contributing more than half. As one of the traditional car companies that are currently most active in the transition to electrification, the Volkswagen Group's global BEV sales in 2023 will increase by 35% year-on-year to 770,000 units.
In terms of regions, the Volkswagen Group grew in Europe, China, North America, South America, Asia-Pacific, and the Middle East and Africa, but sales in China, the world's largest single market, increased the least, with cumulative deliveries of 3.236 million units, up 1.6% year-on-year.
NO.3 Hyundai Motor Group
Total sales in 2023: 7.3 million units
Hyundai Motor Group ranked third with sales of more than 7 million units, and performed well in the Americas and Asia. Among them, Hyundai Motor Group delivered 6.9% more than 4216680 units, and Kia delivered 3085771 vehicles worldwide last year, up 6.3% year-on-year.
Unlike the strong performance of the global market, in the Chinese market, the Korean system has performed sluggishly in recent years. Beijing Hyundai's total annual sales totaled 257,000 units, and although it increased slightly year-on-year, it is expected to sell less than 300,000 units a year together with Kia. Hyundai-Kia's share of sales in China was once less than 5% of its global sales.
NO.4. Stellantis Stellantis
Total sales in 2023: 6.4 million units (forecast)
The Stellantis Group maintained its fourth place with 6.4 million units sold, with sales growth in Europe compensating for its decline in Asia. To illustrate, Stellantis is a company formed by the merger of Fiat Chrysler (FCA) and Group PSA, which has 14 well-known car brands under its umbrella, including Jeep, Maserati, Chrysler, Alfa Romeo, Peugeot, Citroen, DS, etc. In this way, it should be understood that its main markets are concentrated in Europe and North America.
In the Chinese market, only DPCA is left, but its operating performance is not satisfactory. In 2023, DPCA will sell 80,345 vehicles, a year-on-year decrease of 35.81%, including 45,780 Dongfeng Peugeot, 28,180 Dongfeng Citroen, and 6,385 Dongfeng Fukang.
It is worth mentioning that last year, Stellantis Group invested 1.5 billion euros (about 11.57 billion yuan) to become a strategic shareholder of Leapmotor, holding about 20% of the shares.
NO.5 -25 -20
Total sales in 2023: 6.28 million units (forecast)
The Renault-Nissan-Mitsubishi alliance ranked fifth with 6.28 million units sold, and although sales in Asia and Africa were sluggish, it was able to grow in the Americas and Europe.
In January~December 2023, Nissan's cumulative sales in China, including passenger cars and commercial vehicles, were 793,000 units, down 24.8% year-on-year from 2022. Although Nissan's sales increased year-on-year in December last year, Nissan's domestic sales will decline significantly throughout 2023.
At the end of last year, Nissan and Renault Group reached a definitive agreement for each other to hold 15% of each other's shares. This also means that Renault and Nissan have officially opened a new chapter in alliance cooperation, and this "unequal relationship" that has lasted for 20 years has finally come to an end.
NO.6 General Motors Group
Total sales in 2023: 4.87 million units (forecast)
General Motors came in sixth with 4.87 million units sold, an overall decline, but performed well in its home market of 14.1 percent, the company's best year since 2019.
Regionally, the North American market continues to be GM's main camp, with GM's sales in North America increasing by 18% to 1.29 million units. In the Chinese market, GM sold about 2.1 million vehicles, including more than 183,000 units under the Cadillac brand, 517,000 units under the Buick brand, 169,000 units under the Chevrolet brand, and more than 1.2 million units under SAIC-GM-Wuling.
GM is yet to make a fuss about electrification, with 75,883 EVs sold last year, accounting for 2.9 percent of the company's total sales. Taking advantage of the domestic trend of new energy, SAIC-GM said that by 2025, SAIC-GM will invest a total of 70 billion yuan in the field of electrification and intelligent networking new technologies, and will launch a total of 10 electric models on the Autonen platform.
NO.7. FORD
Total sales in 2023: 3.95 million units (forecast)
Ford ranked seventh with 3.95 million units sold, up 11.2%, and its main sales market is still North America. In terms of models, Ford has adopted a popular strategy: the Bronco, the mid-size pickup truck Maverick, and the pickup truck Range are all best-selling models in the world, especially in North America. Ford's sales performance in North America is second only to Toyota, which is in stark contrast to its performance in China.
NO.8 本田
Total sales in 2023: 3.97 million units (forecast)
Honda ranked eighth with 3.97 million new car registrations, a decline from 2022, with sales in its main markets of Europe and Asia both declining, with only the U.S. seeing an increase.
In the Chinese market, Honda China's cumulative sales last year were 1234181 units, down 10.12% year-on-year. Among them, Guangqi Honda sold a total of 620469 new vehicles, down 13.9% year-on-year, while Dongfeng Honda's cumulative sales for the year were 613712, down 5.9% year-on-year. In terms of specific models, Honda's sales pillars in China are five models: CR-V, Civic, Accord, Haoying, and Style.
NO.9 BYD
Total sales in 2023: 3.02 million units
BYD's cumulative sales in 2023 will be 3024417 units, a year-on-year increase of 61.8%, and it will enter the ranks of the "world's top ten car companies" for the first time, which is a historic moment for China's auto industry in 70 years.
BYD, which did not enter the top 20 in 2021, ranked 16th in 2022, and has risen to 10th this time. In 2022, BYD will completely stop production of pure fuel vehicles, and focus its resources on pure electric vehicles and plug-in hybrids.
In terms of brands, BYD Dynasty and Ocean sold 321,570 units this month, up 40.7% year-on-year, DENZA sold 11,929 units, up 98.8% year-on-year, and Yangwang and Formula Leopard contributed 1,593 and 5,086 units respectively.
In terms of exports, BYD's total passenger car exports in December were 36,095 units, a year-on-year increase of 218.9%, and also set a record for BYD's monthly export volume. In 2023, BYD's footprint has spread to 55 countries and regions around the world, and the cumulative export volume of new energy passenger vehicles has reached 242765. What is the prospect of BYD after entering the global market?
NO.10 铃木
Total sales in 2023: 3.01 million units (forecast)
Suzuki ranked 10th with 3.01 million units sold, up 5.3%, mainly due to growth in the Asian market. Despite its exit from China, Suzuki has continued to perform well globally, with its main presence in Japan and India. Especially in the Indian market, Suzuki accounts for many of the top 10 models in sales.
brief summary
After reading the world's top ten best-selling car brands, I believe that many Chinese people have a sense of pride, and domestic brands represented by BYD have finally entered the top ten. At the same time, we also see the gap between domestic brands and international first-line automobile groups. However, with the development of independent brands and the gradual popularization of new energy, domestic brands with first-mover advantages may be able to PK with a number of foreign brands in the near future, and it is expected that more and more domestic brands will squeeze into the top ten in the world, and the domestic automobile industry can go to the world. Welcome to follow "Boundless Cars" and leave a message in the comment area below to share your views on the top 10 global sales list.