Top 20 Best-Selling Car Brands in the World (2024

๐Ÿš— Top 20 Best-Selling Car Brands in the World (2024) ๐Ÿš—

The automotive industry is constantly evolving, with brands competing for dominance in the global market. In 2024, several car manufacturers maintained their stronghold in sales, while others saw remarkable growth. This article highlights the best-selling car brands of the year, based on annual unit sales data.

BrandCountryUnits Sold
Toyota๐Ÿ‡ฏ๐Ÿ‡ต Japan9,350,373
Volkswagen๐Ÿ‡ฉ๐Ÿ‡ช Germany5,180,000
BYD๐Ÿ‡จ๐Ÿ‡ณ China4,281,084
Honda๐Ÿ‡ฏ๐Ÿ‡ต Japan3,741,256
Hyundai๐Ÿ‡ฐ๐Ÿ‡ท South Korea3,692,586
Ford๐Ÿ‡บ๐Ÿ‡ธ USA3,691,258
Nissan๐Ÿ‡ฏ๐Ÿ‡ต Japan3,348,687
Suzuki๐Ÿ‡ฏ๐Ÿ‡ต Japan3,248,317
Chevrolet๐Ÿ‡บ๐Ÿ‡ธ USA3,030,000
KIA๐Ÿ‡ฐ๐Ÿ‡ท South Korea2,914,623
Changan๐Ÿ‡จ๐Ÿ‡ณ China2,680,000
Dongfeng๐Ÿ‡จ๐Ÿ‡ณ China2,481,523
BMW๐Ÿ‡ฉ๐Ÿ‡ช Germany2,200,177
Geely๐Ÿ‡จ๐Ÿ‡ณ China2,171,548
Mercedes-Benz๐Ÿ‡ฉ๐Ÿ‡ช Germany1,983,400
Audi๐Ÿ‡ฉ๐Ÿ‡ช Germany1,836,718
Tesla๐Ÿ‡บ๐Ÿ‡ธ USA1,789,226
Renault๐Ÿ‡ซ๐Ÿ‡ท France1,577,351
Mazda๐Ÿ‡ฏ๐Ÿ‡ต Japan1,277,578
Fiat๐Ÿ‡ฎ๐Ÿ‡น Italy1,235,265

Top 20 Best-Selling Car Brands in 2024

1. Toyota โ€“ 9,350,373 Units Sold

Toyota continues to be the global leader in car sales, with over 9.35 million units sold. The brand is known for its reliability, fuel efficiency, and innovation in hybrid and electric vehicles.

2. Volkswagen โ€“ 5,180,000 Units Sold

Germany’s Volkswagen remains a powerhouse in the automotive sector, selling 5.18 million units. Its strong presence in Europe and emerging markets contributes to its continued success.

3. BYD โ€“ 4,281,084 Units Sold

Chinaโ€™s BYD has surged in popularity, thanks to its focus on electric vehicles (EVs) and hybrid technology. With over 4.28 million units sold, the brand is establishing itself as a serious competitor to traditional automakers.

4. Honda โ€“ 3,741,256 Units Sold

Honda maintains its position as a global favorite, selling over 3.74 million vehicles. Its reputation for fuel-efficient cars and strong sales in North America and Asia contribute to its steady growth.

5. Hyundai โ€“ 3,692,586 Units Sold

South Koreaโ€™s Hyundai continues to expand, with 3.69 million cars sold worldwide. The companyโ€™s focus on EVs, hybrids, and advanced technology has helped drive sales.

6. Ford โ€“ 3,691,258 Units Sold

Ford remains a dominant force in North America, with sales of 3.69 million units. Its popular truck and SUV lineup, including the F-Series and Bronco, contribute significantly to its numbers.

7. Nissan โ€“ 3,348,687 Units Sold

Nissan maintains a strong global presence, selling over 3.34 million vehicles. Its diverse lineup, including electric models like the Nissan Leaf, continues to attract buyers.

8. Suzuki โ€“ 3,248,317 Units Sold

Suzuki thrives in Asia and emerging markets, selling over 3.24 million units. Its small, fuel-efficient cars remain popular in countries like India and Japan.

9. Chevrolet โ€“ 3,030,000 Units Sold

Chevrolet continues to be a key player in North and South America, selling over 3 million units. Its trucks and SUVs remain in high demand.

10. KIA โ€“ 2,914,623 Units Sold

Hyundaiโ€™s sister company, KIA, remains a top contender with 2.91 million units sold. The brand’s stylish designs and focus on affordability have helped maintain strong sales.

11. Changan โ€“ 2,680,000 Units Sold

Chinese brand Changan continues to grow, selling 2.68 million vehicles. The companyโ€™s focus on electric and hybrid models has boosted its popularity.

12. Dongfeng โ€“ 2,481,523 Units Sold

Another rising Chinese automaker, Dongfeng, reached 2.48 million units sold, reflecting the rapid expansion of Chinaโ€™s automotive industry.

13. BMW โ€“ 2,200,177 Units Sold

BMW remains a leader in the luxury segment, selling over 2.2 million vehicles. Its focus on performance, electric vehicles, and premium technology keeps it competitive.

14. Geely โ€“ 2,171,548 Units Sold

Geely, one of Chinaโ€™s largest car manufacturers, sold 2.17 million units. Its international expansion and focus on electric mobility are key growth factors.

15. Mercedes-Benz โ€“ 1,983,400 Units Sold

Mercedes-Benz continues to dominate the luxury market with nearly 2 million units sold. Its innovations in autonomous driving and electrification drive consumer interest.

16. Audi โ€“ 1,836,718 Units Sold

Audi, a premium brand under Volkswagen, sold 1.83 million units. The brand is known for its high-performance and technologically advanced vehicles.

17. Tesla โ€“ 1,789,226 Units Sold

Tesla remains the leader in the electric vehicle market, selling 1.78 million units. Its strong global demand and production expansion contribute to its growing numbers.

18. Renault โ€“ 1,577,351 Units Sold

Renault, a key player in the European market, sold over 1.57 million vehicles. Its push towards electrification and hybrid models supports its steady sales.

19. Mazda โ€“ 1,277,578 Units Sold

Mazdaโ€™s innovative engine technology and stylish designs helped it sell 1.27 million units worldwide.

20. Fiat โ€“ 1,235,265 Units Sold

Fiat remains popular in Europe and South America, selling 1.23 million vehicles. Its small, city-friendly cars continue to attract buyers.

Key Takeaways from 2024 Car Sales

  • Toyota remains the undisputed leader in global car sales, with a massive gap between it and the second-place Volkswagen.
  • Chinese automakers (BYD, Changan, Dongfeng, and Geely) are rapidly gaining ground, particularly in the EV segment.
  • Luxury brands (BMW, Mercedes-Benz, Audi, Tesla) continue to perform well, driven by consumer demand for high-end features and electric models.
  • Electric vehicle adoption is growing, with Tesla and BYD leading the charge in sustainable mobility.

Conclusion

The 2024 car sales rankings highlight the ongoing shifts in the global automotive landscape. While traditional leaders like Toyota and Volkswagen continue to dominate, emerging brands, particularly from China, are making a significant impact. As the industry embraces electrification, connectivity, and autonomous technology, the competition for the top spot will only intensify.

Source:

Company reports (2024)

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