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who is the largest car manufacturer

1 Answers

MacDerek

12/21/25 5:45pm

The Toyota Motor Corporation is the world's largest car manufacturer by volume. In 2023, Toyota Group (including Daihatsu and Hino) sold approximately 11.23 million vehicles globally, allowing it to narrowly retain the top spot ahead of the Volkswagen Group. This leadership is built on a foundation of global sales dominance, a reputation for reliability, and a powerful hybrid vehicle strategy.

While Toyota leads in total units sold, the competitive landscape is shifting rapidly. The rise of Chinese manufacturers like BYD, which has become the global leader in New Energy Vehicles (NEVs), and the aggressive growth of electric vehicle specialist Tesla, are redefining what it means to be an "largest" manufacturer in the 21st century.

Manufacturer Group	2023 Global Sales (Approx. Millions)	Key Strength	Notable Brand/Model
Toyota Group	11.23	Global supply chain, hybrid technology, reliability	Toyota RAV4, Corolla
Volkswagen Group	9.24	Strong European & Chinese market presence	Volkswagen, Audi, Porsche
Hyundai-Kia	7.30	Competitive value, design, warranty	Hyundai Elantra, Kia Sportage
Stellantis	6.40	Portfolio of strong regional brands (NA & EU)	Jeep, Ram, Peugeot
BYD	3.02	World's leading NEV (BEV/PHEV) manufacturer	BYD Seagull, Atto 3

Being the largest doesn't automatically mean a company is the most profitable or technologically advanced in every area. Toyota's current challenge is accelerating its transition to a full lineup of competitive Battery Electric Vehicles (BEVs) to match its mastery of hybrids. For a consumer, "largest" often translates to widespread dealer networks, strong resale value, and proven long-term durability, which are significant factors in a major purchase decision.

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