World Light Vehicles ranking in 2020 final data with sales aggregated by manufacturer group sees Volkswagen Group on top, reaching 12.1% of market share. Hyundai-Kia registers the best top Top 10 hold and falls in single-digit (-9.3%).
During the last decade, the automotive industry competitive scenario changed dramatically due to the success or defeats of the manufacturers on following the development of the market dynamics which challenge each player at 360 degrees, from the ability to design appropriately for each market to the delivery of an appropriate customer relation in any side of the World.
In 2020 Volkswagen Group was on top of the market, reaching 12.1% market share with 9.33million sales (-14%). In recent years they had great global coverage while managing the brand portfolio quite well.
Toyota Group takes the second position, with 7.2 million sales registered in 2020, they have increased their share by 0.1%, reaching 9.4%, while losing 12.2% sales.
The third position was taken by Renault Nissan Alliance with 6.83 million units sold (-22.6%), followed by General Motors, which in 2020 remained in 4th place, losing 10.5% from last year, selling 6.76 million units. In 2010, the America group was the global leader, after leading the World for decades, thanks to a huge brand portfolio. However, most of GM sales were unprofitable and it was a clay giant, not far from bankruptcy. In the last decade, GM has reduced the covered territories and the brands (selling Opel to PSA).
In 5th place we have Hyundai-Kia, as their mother-country, South Korea successfully responded to the Coronavirus outbreak, with sales at 6.69 million (-9.3%), they reported the best top 10 hold.
Stellantis, the merger between F.C.A. and P.S.A., will combine the current 6th and 9th largest manufacturers and should generate the fourth largest group at the global level, with a combined 9% market share. Since the merger became official on January 16th 2021, we consider their sales separately in 2020. In fact, their sales were 4.05 million(-19.4%) and 2.83 (-23.4%) million respectively.
Moreover, Ford Group was in 7th position with 3.97 million sales (-20.1%). Behind, Honda Motor, in 8th place with 3.84 million (-12%).
At the edge of the top 10 rankings, we find Mercedes Daimler, with 2020 sales at 2.43 million sales (-9.8%).
Tables with sales figures
In the tables below we report sales for the top 30 groups.