Toyota Beats GM in U.S. Sales; GM Had Led Every Year Since 1931

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Toyota Beats GM in U.S. Sales; GM Had Led Every Year Since 1931

For the first time in almost a century, a non-domestic automaker has taken the number one sales spot in the U.S. General Motors has been the best-selling company since 1931, but after 90 years at the top, it has been dethroned by Toyota.

 

Toyota announced today it sold a little over 2.3 million vehicles in the U.S. in 2021, which is just over 10 percent more than it sold in 2020. That beats the 2.2 million vehicles GM announced today that it sold in 2021, a drop of 13 percent. Ford hasn’t yet reported its full 2021 sales figures, but as of the end of November, the automaker had sold just over 1.7 million vehicles, leaving it too far behind Toyota to stop the historic change.

 

Analysts may debate the reasons for Toyota’s ascendancy, but one main factor is the production stoppages due to the COVID-19 pandemic and supply-chain problems in the auto industry, particularly when it comes to semiconductor chips. Toyota was able to keep its production lines running smoother than both Ford and GM, which helped the company produce and sell more vehicles.

 

For the full story, check out this article from Road & Track.

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