Home » Business » Toyota Group Expected to Win Championship Ahead of Expected, With Global Sales Outpacing Volkswagen Group at 2.14 Million Vehicles and Hyundai Group Overseas Market Growth of 13.8% | U-CAR news

Toyota Group Expected to Win Championship Ahead of Expected, With Global Sales Outpacing Volkswagen Group at 2.14 Million Vehicles and Hyundai Group Overseas Market Growth of 13.8% | U-CAR news

The Toyota Group announced at the end of December 2022 that it achieved a total of 9,565,277 global sales from January to November, of which the global sales of the Toyota brand were 8,727,662, Daihatsu 700,600 and Hino 137,015. The Toyota Group’s performance is not far from that of the same period in 2021, while another major group, the Volkswagen Group, sold 7.4205 million vehicles globally in November, a significant gap of approximately 2.14 million vehicles from the Toyota Group, which represents a decrease of approximately 9.2% compared to the same period in 2021. While the global sales report for December 2022 has not yet been released, the chances of Toyota Group being crowned global sales champion of the 2022 are very tall.

Toyota Group announced at the end of December 2022 that it achieved a total of 9,565,277 global sales from January to November.

The chances of Toyota Group being crowned global sales champion in 2022 are very high.

Volkswagen Group sales in China to decrease by 6.0% compared to 2021 and the Asia-Pacific region to grow by 5.6%

We can further see that the Volkswagen Group, for its all-important Chinese market, will sell 2,845,700 vehicles in November 2022, a 6.0% decrease from 2021. According to foreign media Nikkei Asia, the sales are due to the previous lockdown in China due to the epidemic As a result of supply chain shortages, sales in the European market were approximately 2,838,800 vehicles, North American markets were 765,000 vehicles, and sales in Asia-Pacific were 294,300 vehicles, with an increase of 5.6% compared to last year.

The new ID.3 will be released in spring 2023 and is bound to attract attention in the future.

Ioniq 5 sales to double 2021 sales by November 2022

Hyundai emerges as a new force, with global sales of 351,179 units in November 2022

In addition, another large group also deserves attention: Hyundai Group will sell 317,181 vehicles in November 2021, but sales will reach 351,179 vehicles in November 2022. The market outside of South Korea will grow by about 13.8%. The Hyundai Group sold a total of 3.299 million vehicles worldwide. According to Bloomberg, the Hyundai Group, which includes Kia and Genesis, will surpass GM, Nissan and Stellantis in sales in 2022. Hyundai also announced that it has sold its 15 millionth new car in the North American market. Sales of Hyundai Ioniq 5 exceed 88,000 units as of November 2022, double the sales in 2021. The Hyundai Group has been vigorously rolling out the EV market since 2016, and its EVs are widely welcomed in various markets. Whether it remains to be seen the acceleration of electrification in various markets in the future will lead to the rise of the Hyundai Group as another giant. and continuous follow-up reports.

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