Toyota has Grabbed the Most Prestigious Award from General Motors 90 years later.
Toyota has Grabbed the Most Prestigious Award from General Motors 90 years later.
January 6, 2022 / By Zunair Tahir / News Global
Ninety years later, the Japanese carmaker Toyota has snatched the title of the largest car manufacturer in the United States from the American company General Motors or GM.
Toyota Motor Corporation has overcome General Motors to win the best-seller title in the United States for 2021, a title it had held since 1931, or 90 years. Last year, Toyota sold 2.332 million automobiles in the United States, while General Motors ended the year with 2.218 million units sold.
- Last year, Toyota sold 2.332 million automobiles in the United States, while General Motors ended the year with 2.218 million units sold.
- GM predicts increased economic development in the United States to improve overall light-duty vehicle sector sales from roughly 15 million in 2021 to around 16 million in 2022.
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Toyota Motor Corporation has overcome General Motors to win the best-seller title in the United States for 2021, a title it had held since 1931, or 90 years. Last year, Toyota sold 2.332 million automobiles in the United States, while General Motors ended the year with 2.218 million units sold.
In 2020, GM sold 2.55 million vehicles in the United States, compared to 2.11 million for Toyota and 2.04 million for Ford. Last year, most OEMs’ production was hampered by a lack of semiconductors, which forced them to concentrate on their most profitable models.
GM predicts increased economic development in the United States to improve overall light-duty vehicle sector sales from roughly 15 million in 2021 to around 16 million in 2022. According to industry newspaper Automotive News, the manufacturer has been the country’s leading seller of automobiles since 1931, when it surpassed Ford.
Toyota, on the other hand, does not believe it is a viable ambition to maintain its sales lead in the United States in the future years, and has no plans to publicize the achievement in any way, according to the company’s Senior Vice President Jack Hollis.
“We appreciate our loyal clients,” he said, “but being No. 1 is never a focus or goal.” Analysts commended Toyota for surviving the chip scarcity better than other manufacturers, resulting in higher sales than the prior year.