Is GM bigger than Toyota?

GM reclaims top global sales position

General Motors has reclaimed the top spot in global vehicle sales for 2022, surpassing Toyota after a brief interruption.

GM sold over 2.2 million vehicles in 2022, a margin of more than 165,000 units over Toyota. This victory puts the American manufacturer back at the forefront of the global automotive industry.

Toyota had held the top spot since 2021, when it overtook GM for the first time in nearly a decade. However, GM’s strong performance in North America and China helped it to regain the lead in 2022.

GM’s sales were boosted by strong demand for its Chevrolet Silverado and GMC Sierra pickup trucks, as well as its Cadillac Escalade SUV. The company also benefited from the launch of several new models, including the Chevrolet Blazer and GMC Hummer EV.

Toyota’s sales were impacted by the global chip shortage and the COVID-19 pandemic. The company also faced headwinds in China, its largest market.

Despite the challenges, Toyota remains a major player in the global automotive industry. The company is expected to continue to compete strongly with GM for the top spot in sales.

The battle for global automotive supremacy is likely to continue to be close in the years to come. Both GM and Toyota are investing heavily in new technologies, such as electric vehicles and autonomous driving. The company that can best adapt to the changing automotive landscape will be the one that emerges victorious.