Global Auto Market 2023

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Admin December 22, 2022
Updated 2022/12/22 at 12:56 PM

Sehatnews – World Light Vehicles ranking in January of 2023 with sales aggregated by manufacturer group sees Volkswagen Group still on top, with 14.7% of market share. Geely Group registers the best performance by growing 5.4%, while Stellantis starts the year in 4th position.

During the last decade, the automotive industry competitive scenario changed dramatically due to the success or defeats of the manufacturers on following the development of the market dynamics which challenge each player at 360 degrees, from the ability to design appropriately for each market to the delivery of an appropriate customer relation in any side of the World.

Global Auto Market 2023

In 2023 Volkswagen Group starts the year on top of the market with 15.1% market share and 638.605 sales (-8.3%). In recent years they had great global coverage while managing the brand portfolio quite well.

Toyota Group takes the second position, with 528.792 sales registered in January (12.5% share) reporting a loss of 1.2%.

The third position was taken by Renault Nissan Alliance with 412.961 units sold (-10.3%), followed by the new Stellantis (the merger between F.C.A and P.S.A that became official the 16th of January), which begins the year with 318.091 units.

In 5th place we have Hyundai-Kia, with sales at 286.545 units (-3.8%), followed by General Motors with 282.723 units sold (-2.5%). In 2010, the America group was the global leader, after leading the World for decades, thanks to a huge brand portfolio. However, most of GM sales were unprofitable and it was a clay giant, not far from bankruptcy. In the last decade, GM has reduced the covered territories and the brands (selling Opel to PSA).

Honda Motors registered 223.129 new sales (+1.7%), followed by Suzuki with 190.010 sales (-4.6%) and Geely Group reporting the best performance in the leaderboard (+5.4%) with 178.744 sales.

At the edge of the top 10 rankings, we find BMW, with sales at 148.923 (-6%).

Tables with sales figures

In the tables below we report sales for the top 30 groups.

 

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