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Toyota placed 5 models in the Top 10 list.





BYD followed Tesla as the world’s second best-selling BEV manufacturer, with a volume increase of 184%, to more than 911,000 units in 2022.

For OEMs like Suzuki, Mahindra, and Tata, increased demand in India meant their volumes also accelerated.



Toyota leads again.

In 2022, Toyota was the world’s best-selling OEM, accounting for 13 of every 100 new light vehicles purchased. The Japanese manufacturer was able to increase its global market share by 0.3 points thanks to strong results in China – now its largest market ahead of the US and Japan. These results are explained by Toyota’s strong offering across both hybrids and SUVs – in 2022, Toyota outsold Volkswagen Group to emerged as the world’s best-selling SUV maker.

Hyundai-Kia followed in third place as a result of its strong market position in Korea, India, North America, and Europe. Unlike its rivals in Europe and the US, Hyundai-Kia has a relatively widespread sales distribution, with 71% of global sales spanning across 4 regions

full global sales report for last year when a total of 79.4 million new vehicles were sold around the planet. This number represents a two-percent decrease compared to 2021 with core markets such as North America, Europe, and China seeing declines in 2022. On the other hand, emerging markets like India, the Middle East, South East Asia, and Africa all registered increases almost completely offsetting the decline in other regions.

Toyota RAV4 was the best-selling model in the world last year with more than one million units delivered to customers, 43 percent of which were sold in the United States and Canada. The crossover was followed by the Toyota Corolla with approximately 992,000 sales last year and third came the Tesla Model Y with 747,000 global registrations. Overall, Toyota had five of the world’s best-selling models last year. Ford, Nissan, and Honda placed one model each, while Tesla had two models in the Top 10 list.

Toyota was the largest automaker in the world last year measured by the number of delivered vehicles accounting for 13 of every 100 new light vehicles purchased. The Japanese company saw an increase of 0.3 percent in global sales thanks mainly to strong results in China, which is now its largest market ahead of the US and Japan.
Volkswagen Group was the second best-selling automotive conglomerate in the world last year despite its big sales decrease of 10 percent. Hyundai-Kia was third, followed by Stellantis and General Motors.

SUVs gain further traction:



Despite the overall market falling by almost 2% between 2021 and 2022, sales of SUVs increased by 2.3% to a record 32.8 million units. The global market share for these vehicles jumped from 39.7% in 2021 to 41.3%.

SUVs saw the fastest growth in Europe, with a market share increase of 4.3 points, reaching a new record of 43% of all light vehicle sales – the second highest globally. In North America, SUV sales accounted for 54% of total light vehicle sales, while in China these vehicles represented 41% of the market.

In 2022, the majority of these vehicles sold worldwide were compact SUVs, with a total of 15.6 million units. Sales of small SUVs reached 7.6 million units, followed by midsize SUVs at 5.05 million units, and luxury SUVs at 4.5 million new sales.


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