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Car Market Share Worldwide Key Brands 2023

In 2023, Toyota led the global automotive market with a 10.7% share, followed by Volkswagen at 6% and Honda at 4.6%. The document highlights the challenges faced by automotive manufacturers due to environmental concerns and trends towards lighter materials and vehicle connectivity. Additional statistics on the automotive industry are also provided.

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lucianaquinteroo2020
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101 views1 page

Car Market Share Worldwide Key Brands 2023

In 2023, Toyota led the global automotive market with a 10.7% share, followed by Volkswagen at 6% and Honda at 4.6%. The document highlights the challenges faced by automotive manufacturers due to environmental concerns and trends towards lighter materials and vehicle connectivity. Additional statistics on the automotive industry are also provided.

Uploaded by

lucianaquinteroo2020
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Transportation & Logistics › Vehicles & Road Tra!

Global automotive market share in 2023, by


brand

Toyota 10.7%

Volkswagen 6%

Honda 4.6%

Hyundai 4.5%

Ford 4.4%

Chevrolet 3.9%

Nissan 3.9%

Kia 3.5%

BYD 3.1%

Mercedes 2.6%

0% 2.5% 5% 7.5% 10% 12.…


Market share

© Statista 2024

Source

More information

Car brand market share worldwide 2023

Published by Mathilde Carlier, Mar 1, 2024

In 2023, the ranking of the world’s largest car


brands was topped by Toyota with a market share
of around 10.7 percent. The Toyota brand is owned
by Japan's Toyota Motor Corporation, the world's
largest motor vehicle manufacturer.

New trends in the auto industry

In light of growing environmental awareness and


increasing e"orts to connect vehicles, automotive
manufacturers are faced with a variety of new
challenges.
Read moreMarket trends such as the shift to
lighter materials, as well as the trend towards

OTHER STATISTICS ON THE TOPIC

Automotive industry worldwide

+
Renault Group's revenue 2010-
2023

+
Regional vehicle sales of Renault Group
2021-2022

+
Value of automotive products imports in
key countries worldwide 2022

+
Value of automotive products exports in
key countries worldwide 2022

More statistics on this topic

OTHER STATISTICS THAT MAY INTEREST YOU


AUTOMOTIVE INDUSTRY WORLDWIDE

Overview 8

Production 6

Sales 8

Leading manufacturers 8

Leading suppliers 6

Further related statistics 11

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