Between January and June 2023, Toyota was the leading automaker in terms of global vehicle sales with around 5.42 million units sold. This figure represents a year-over-year rise of around 5.5 percent.
Gloabl shortages impact the industry
Worldwide car sales dipped to 63.8 million units in 2020, before slowly rebounding in 2021 and 2022. The market for light vehicles entered a downward trend in 2019. In light of an ongoing economic slump and the coronavirus outbreak, a growing number of people is expected to hold on to their vehicles for longer. As demand picked up in 2021, the global automotive semiconductor shortage impacted the leading manufacturers, resulting in production cuts and halts.
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Website (dailykanban.com). (July 28, 2023). Leading auto manufacturers worldwide as of the first half of 2022 and 2023, based on vehicle sales (in million units) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/271608/global-vehicle-sales-of-automobile-manufacturers/
Website (dailykanban.com). "Leading auto manufacturers worldwide as of the first half of 2022 and 2023, based on vehicle sales (in million units)." Chart. July 28, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/271608/global-vehicle-sales-of-automobile-manufacturers/
Website (dailykanban.com). (2023). Leading auto manufacturers worldwide as of the first half of 2022 and 2023, based on vehicle sales (in million units). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/271608/global-vehicle-sales-of-automobile-manufacturers/
Website (dailykanban.com). "Leading Auto Manufacturers Worldwide as of The First Half of 2022 and 2023, Based on Vehicle Sales (in Million Units)." Statista, Statista Inc., 28 Jul 2023, https://www.statista.com/statistics/271608/global-vehicle-sales-of-automobile-manufacturers/
Website (dailykanban.com), Leading auto manufacturers worldwide as of the first half of 2022 and 2023, based on vehicle sales (in million units) Statista, https://www.statista.com/statistics/271608/global-vehicle-sales-of-automobile-manufacturers/ (last visited August 25, 2024)
Leading auto manufacturers worldwide as of the first half of 2022 and 2023, based on vehicle sales (in million units) [Graph], Website (dailykanban.com), July 28, 2023. [Online]. Available: https://www.statista.com/statistics/271608/global-vehicle-sales-of-automobile-manufacturers/