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Global Car Sales Analysis 2020

Globally we have more than 60 car manufacturers which are owned by more than 14 Auto giants. Starting from Abarth to Zenvo Cars. The top 10 players remain the same for the last year and the year before. However, they have managed to inter-change the rankings between themselves.

Top 10 OEMs in terms of Sales Volume for the year 2020 -

Top 10 Car Manufacturers in the World for 2020

Rank 1. Toyota:

The Japanese manufacturer regained the Top Rank spot in the year 2020.

The OEM managed to survive the pandemic year with a drop of about 1.21 million units.

The degrowth was lowest in the top 10 with about -12.7% over LY.

Rank 2. Volkswagen:

The Germain Giant lost key Rank 1 spot to Toyota in the year 2020. Previously ranked 1 in the year 2019, the volume drop was about 1.66 million units.

The degrowth in volume was about -17.8%.

Rank 3. Renault Nissan Mitsubishi :

The Japanese to France Merged OEM saw the highest drop of over 2.2 Million units. The drop is about -28.5% over the previous year 2019.

This drop was the highest compared to any OEM.

Rank 4. General Motors :

The American OEM saw one of the lowest volume drops. With less than one million units drop and saw about -13% degrowth.

Rank 5. Hyundai :

The South Korean giant has made its presence felt in all developed and emerging markets. The subsidy companies/sister concern companies have made Hyundai consolidate its position in all markets.

It saw about a -0.8 million drop in volumes. Which was about a -13.4% drop in volume.

Rank 6. Stellantis:

The Netherland-based OEM is a merged entity of PSA Group and Fiat Chrysler automobiles. The M&A was a 50:50 ownership. The group now has a wide portfolio of automotive brands: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Opel, Peugeot, Ram Trucks and Vauxhall Motors. With over 6.21 million units sold, Stellantis lost about 1.7 Million units.

Rank 7. Honda:

The stylish Japanese auto manufacturer plays a significant role in establishing itself as a formidable player globally.

Unlike many other OEMs, this OEM has not dependent on many other sub-brands to establish volumes. Honda saw 4.41 million units sold in 2021. This was about -17.2% regrowth.

Rank 8. Ford

The US auto giant has had its era of dominance. Now, with the Mergers and many business houses, Ford finds itself lagging towards the bottom of the table.

Ford lost its rank 7 to Honda and is now moved down to rank 8. Ford degrew by -28.6% last year.

Rank 9. Daimler

The German Multi-National. Having its wings spread across personal and commercial segments. Known as one of the biggest producers of premium cars and the world’s biggest manufacturer of commercial vehicles.

LY Daimler degrew by -32% on a YOY basis.

Rank 10. Suzuki:

With close to 50% of its volumes coming from the Indian Market. Suzuki the Japanese carmaker has its task cut off. The Indian Market continues to contribute and grow.

For the rest of the world, things may not seem very bright currently. In total Suzuki degrew by about -22.9% for the last Calendar Year.

Now let's have a look at the Top 10 Car Manufacturers of the year 2019 -

Top 10 Car Manufacturers in the World for 2019

Comparison Chart of how the dynamics have changed in 2020 v/s 2019 -

World Car Group Ranking in the Year 2020 v/s 2019

Data Source: Fiat Group World


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