The world s largest company in terms of sales volume has annual sales of more than 11.2 million vehi

Mondo Cars Updated on 2024-02-06

The world's largest company in terms of sales volume has annual sales of more than 11.2 million vehicles, surpassing BYD and Hyundai

The development of the global automotive industry is accelerating, and many independent brands have entered the automobile market, including many Chinese car companies. In the latest release of the 2023 global car sales ranking, BYD ranks ninth and is the only Chinese car brand to occupy a spot.

BYD is followed by Suzuki in 10th place. Many people have the impression that Suzuki is the representative of small cars, but it also impresses with its excellent performance and inherent mechanical qualities.

*Suzuki's sales in Japan were 650,570 units, up 79%, while Suzuki has a market share of 13 in Japan, the world's fourth-largest automotive market6%, second only to Toyota. It is worth mentioning that Suzuki's sales in the Indian market were 1,742,680 units, an increase of 80% with a market share of 343%, ranking first.

Ninth place, BYD. Under the leadership of Wang Chuanfu, BYD has successfully transformed into a national independent research and development brand. Recently, BYD released a set of latest data, and its achievements in electric vehicles are very impressive, with sales of 341043 units in December 2023, which is the third consecutive month that BYD's sales have exceeded 300,000 units. At the same time, BYD's cumulative sales in 2023 will reach 302440,000 units, compared with 1.86 million units in 2022, an increase of 623%。The target of 3 million units set at the beginning of the year was exceeded. As a result, BYD has become the sales champion in China's auto market and even the global new energy vehicle market.

Wang Chuanfu's family is not wealthy, he was born in a peasant family in Wuwei County, Wuhu City, Anhui Province, and his income mainly depends on his father. Unfortunately, when Wang Chuanfu was 13 years old, his father died of cancer, and soon after, his mother also died.

In order to keep up with the pace of his brother and sister-in-law, Wang Chuanfu studied hard, was admitted to the Department of Metallurgical Physical Chemistry of Central South University, and entered the Beijing General Research Institute of Nonferrous Metals in 1987 to study for a master's degree and stayed in the hospital to work. In the 90s of the 20th century, with the popularity of mobile phones and other **, the demand for 3C consumer batteries expanded rapidly, and the supply exceeded demand, and Wang Chuanfu soon felt the future development potential of the battery industry. Two years later, he and his cousin Lu Xiangyang founded BYD in Shenzhen, officially opening a legendary road to prosperity.

In eighth place is Ford, a century-old car brand with a wide global reach.

According to public data, in 2023, Changan Ford's cumulative sales will be 233122 units, while Changan Ford's cumulative sales in 2022 will be 251019 units, a year-on-year decrease of 713%。

In seventh and fourth place are Honda (3.97 million units), General Motors (4.87 million units), Renault-Nissan-Mitsubishi (6.28 million units) and Strandis (6.4 million units). Among them, General Motors' vehicle sales are on a significant downward trend, with a decrease of -16 compared to 202261%, Renault-Nissan-Mitsubishi Corporation sold cars by -172%。

Hyundai and Volkswagen came in third and second, respectively. Hyundai Motor Group, which ranked first, announced its annual sales results for 2023 and its scheduled sales target for 2024. According to the data, Hyundai's sales in 2023 increased by 6% year-on-year9% to 42166.8 million units. Kia Motors' sales increased by 63% to 3,085,771 units.

In the long run, Hyundai and Kia's combined global sales in 2023 reached 7.3 million units, and total global sales are expected to grow by about 2% in 2024. These figures show that both Hyundai and Kia are working hard to advance their business in the automotive sector and are looking forward to better results in the future.

Volkswagen (9.24 million units), Toyota and Volkswagen, the two giants of the automotive industry, are always catching up with each other, so at the beginning of each new year, the sales figures of the two giants in the previous year are analyzed and regarded as one of the bellwethers of the world automotive industry.

As a Volkswagen brand, Toyota Motor has always had a good reputation, and the cumulative sales of Toyota Motors in 2023 (including subsidiaries Daihatsu Motor and Hino Motor) are 1,123,039 units, an increase of 72%;Toyota's global production last year was 1,15180,000 units, an increase of 86%。Excluding sales at subsidiaries Daihatsu Motors and Hino Motors, Toyota's global sales in 2023, including Lexus, will reach 10.31 million units, an increase of 77%;Global production will reach 10.03 million units, up 111%。

Write at the end. The year 2023 has quietly passed, and we can't be proud of the past achievements, let alone have a fortuitous mentality for the future, with the car"Involution"It is getting more and more serious, which can't help but make people worry about how the future of China's auto market will go. Of course, if you want to go further, you must have your own brand, and here, BYD Auto has played a good leading role.

In the future, with the fluctuation of the global market and the progress of technological development, Chinese automobiles still need to make continuous efforts, always adhere to building their own brand value, adapt to market demand, seize opportunities, and seek better development.

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