According to Bloomberg and Automotive News, Toyota was still the largest carmaker in the world during the first 3 months of 2015 in spite of sales down 2.5% year-on-year to 2.52 million vehicles. Reversely both VW Group (2.49 million) and General Motors (2.42 million) saw deliveries improve over the period. This means the Top 3 carmakers in the world all fit within a mere 100,000 units at this stage and confirms the race to the top of the sales charts will be intense all the way through 2015. Volkswagen now expects to grow at a slower pace during the remainder of the year however, due to stagnant sales in China where it missed the budget SUV craze. Toyota for its part is counterbalancing declining sales at home in Japan by ending a 3 year-expansion freeze, green lighting new factories in China and Mexico that will add 300,000 annual units of capacity.
Iran is the best performing market in the Top 50 this year. Photo © Ricardo Fernandez
* See the Top 50 biggest car markets in the world by clicking on the title! *
Thanks to the International Organization of Motor Vehicle Manufacturers (OICA), I can share with you the overall Full Year 2014 sales figures for 144 countries/markets in the world. Below the jump you will find the Top 50 biggest markets in the world, however please note – as it was the case last year – this ranking classifies countries based on their overall vehicle sales. That’s Passenger Cars and Commercial Vehicles, including Light, Medium and Heavy ones, putting all countries on a level-playing field, as some countries traditionally report monthly PC car sales only and other overall sales. The files released by the OICA (and linked to below) also feature Passenger Cars only and Commercial Vehicles only figures so you can see the split.
For the 5th consecutive year, worldwide new vehicle sales hit an all-time record: up 3.2% on 2013 to 88.164.642 units. Previous all-time bests were 75.06 million (in 2010), 78.20 million (2011), 82.20 million (2012) and 85.47 million (2013), keeping worldwide sales on track to hit 90 million in 2015 and 100 million in 2017 potentially. Already the dominant region in the world, Asia/Oceania/Middle East is getting closer to accounting for half of worldwide new vehicle sales thanks to sales are up 5.1% to reach 42.65 million or 48% of the worldwide marketplace. Africa is the 2nd most dynamic region with sales up 3.3% to 1.56 million, America is up 1.8% to 25.48 million (NAFTA up 6.1% contrasting Central & South America down a harsh 11.1%), and finally Europe is up just 0.8% to 18.48 million, the region’s first year of growth since 2011.
The UK is the fastest-growing market in the Top 10. Photo © Matthew Roberts
Looking into the ranking by country, China continues to reign supreme, exploring new heights for any single market in the history of automobile: thanks to sales up 7% (still a very dynamic growth rate despite a lot of pessimistic analysts), China hits 23.5 million units and is still on track to reach 25 million this year. The USA impress with +6% to 16.8 million units and should in all likelihood get back above 17 million units for the first time since 2006 this year. Japan increases by 3% in third place (5.56 million) but Brazil (-7%), India (-2%) and most strikingly Russia (-15%) all lose ground in the Top 10. The UK continues to show insolent health: it is the fastest-growing market in the Top 10 in 2014 at +10% to 2.84 million units.
Vietnam new vehicle sales are up a fantastic 38% in 2014. Photo © Badz Manaois
Rounding up the Top 10 is Canada with a record 1.89 million units, but the most significant breakout in 2014 is the return to shape of Iran: back up a spectacular 60% year-on-year to 1.29 million sales at #13 vs. 0.8 million and #20 in 2013. The record to beat for Iran is 1.69 million units in 2011. Other notable improvements – following the ranking order – include South Korea (+12%), Spain (+20%), Saudi Arabia (+10% to a record 833,711 sales), Egypt (+18%), Philippines (+27%), Czech Republic (+16%), Portugal (+36%) and Vietnam (+38%). At the other end of the scale, a few countries fall flat in 2014: the hardest hit at the top is Ukraine (-55%) leaving the Top 50, followed by Argentina (-36%) and Thailand (-33%).
Previous year (All data): World Full Year 2013: Total sales now available for 143 countries
Previous year (Top 20): World Full Year 2013 – The 20 biggest cars markets
Full Year 2014 Top 50 biggest car markets and data for 144 countries below.
Best Selling Cars Blog now covers detailed Historical Data for a round 100 markets.
Highlights include France since 1894, Germany for each year since 1946, UK for each year since 1965, Australia since 1946, Sweden since 1950, Brazil since 1954 and Norway and Italy since 1956. The next batch of updates will include complete USA data all the way up to the 1920s, complete France data since 1950, and much more.
Below you will find direct links for you to explore all Historical Data available for the countries listed.
IN ALPHABETICAL ORDER:
The Chevrolet Chevette was the last Passenger Car to dominate the US ranking – in 1981.
The Austin Mini ranked within the UK Top 10 up until 1981
Audi and Mercedes managed a coup for the first month of 2015, both overtaking BMW, the traditional luxury sales leader, worldwide. Thanks to sales up 10% year-on-year, Audi takes the lead of luxury brands with 137,700 sales worldwide, followed by the Mercedes brand at 125,865 deliveries (up 14%) and BMW at 124,561 units (+6%).
Toyota keeps worldwide crown
Toyota Motor Corp. remained the the world’s biggest automaker in 2014 with sales up 3% to break the 10 million vehicles mark for the first time in the carmaker’s history at 10.23 million units, including its Daihatsu minicar subsidiary and Hino truckmaking affiliate. This was just enough to keep the worldwide pole position ahead of German rival Volkswagen Group, up 3% to 10.15 million sales and also above 10 million annual vehicles for the first time in its history. This is also the first time any carmaker sells more than 10 million vehicles in a single year, and a third automaker nearly crossed that symbolic barrier this year: in third position like in 2013, General Motors Co. saw its volume rise 2% to 9.92 million vehicles.
Toyota Motor Corp. thus keeps the lead for the third consecutive year after losing its crown in 2011 due to production constraints linked with the Asian natural disasters that year. General Motors previously held the worldwide pole position from 1931 to 2007, with Toyota taking over from 2008-2010. But Toyota’s lead may be at an end in 2015, with the Japanese giant forecasting sales to drop 1% to 10.15 million on the back of slowing demand in Japan and emerging markets. This should be sufficient for Volkswagen Group become the world’s largest vehicle manufacturer by the time 2015 comes to an end.
The Volkswagen Group performance is all the more impressive when considering CEO Martin Winterkorn had been pursuing growth as part of a plan for the German automaker to become the world’s largest automaker by 2018, aiming at worldwide sales of 10 million units by then. VW is 4 full years ahead of schedule, such a rare performance in the chest-beating world of automobile.
World Full Year 2014 – manufacturers:
BMW still luxury leader in record year
In the luxury sales race, BMW outsold both Audi and Mercedes-Benz in December to round off a 10th year as global luxury car-sales champion but its two German rivals have reduced its advantage. Deliveries by BMW’s core brand jumped 10% on 2013 to a record 1.81 million units, helped by strong demand in China and the United States. BMW group sales including BMW, Rolls-Royce and Mini vehicles rose 8% to 2.11 million vehicles. Audi improved even faster with worldwide sales up 11% to 1.74 million cars, while Mercedes brand sales increased by yet another more dynamic 13% to 1.65 million units, with Daimler sales (including Smart) up 11% to 1.74 million cars.
Some analysts said Analysts said BMW, Audi and Mercedes may keep growing sales further this year but pointed to signs of slowing momentum in North America and China. I disagree. These 3 carmakers are among the most prolific in terms of new product launches and some new or redesigned high sellers will keep the momentum going for all of them: the C-Class will reach cruise level, the A4 will be renewed and the 2 Series Active Tourer will be a hit in Europe.
This article is the portal to all Full Year 2014 Reports, you can find below all updates already live. This list is updated as new Reports get published, so make sure you check in often!
Big 3 world markets:
All other markets available in alphabetical order:
Bloomberg News announced today that the Volkswagen Group, boosted by strong sales in China and despite a marked slowdown in the US, is catching up with market Toyota Motor Corp. for the much coveted annual global crown. Relating Bloomberg’s calculations, Automotive News said VW Group’s deliveries through September, including the Porsche and Audi luxury divisions and MAN and Scania heavy-truck units, trailed Toyota’s by 72,000 vehicles compared with 227,000 a year earlier. Both Toyota and VW plan in excess of 10 million deliveries in 2014, and for now VW is up 5% year-on-year over the first 9 months of 2014 to 7.54 million cars and trucks vs. 7.62 million vehicles (+2.8%) for Toyota, including the Daihatsu minicar and Hino truck brands. The difference is roughly equivalent to the 72,499 light trucks that Toyota sold in the U.S. last month. VW doesn’t sell trucks there. In third place, General Motors gets distanced with a 2% increase to 7.37 million vehicles.
Toyota confirmed it sold its 7 millionth hybrid vehicle worldwide in September, 17 years after first launching the Prius in Japan in 1997. The total includes 3.3 million sold in Japan, 2.5 million in the United States, 770,000 in Europe and more than 67,000 in Australia. The latest one-million sales were achieved in record time – just nine months after Toyota (including Lexus) reached the six-million hybrid threshold in December last year, which doubled the three million total passed in February 2011.
Globally, Prius accounts for almost half the overall total with 3.36 million sales – making it the world’s best-selling hybrid vehicle. TMC estimates its hybrid vehicles have cut carbon-dioxide emissions by approximately 49 million tonnes and saved approximately 18 million kilo-litres of fuel compared with vehicles of similar size and driving performance using petrol-only engines. (Number of registered vehicles × distance travelled × fuel efficiency (actual fuel efficiency in each country) × CO2 conversion factor. Fuel consumption varies depending on driving conditions / style, vehicle conditions and options/accessories.) Next year, Toyota will start selling its first mass-produced hydrogen fuel-cell hybrid vehicle in Japan, Europe and the United States.
See Toyota’s hybrid vehicle chronology below.
The Mercedes brand sold 162,746 vehicles worldwide in September, the best-ever month in its 88-year history and a 14 percent year-on-year increase. This enables Mercedes to pass Audi and rank #2 premium brand in the world below BMW for the month of September. Even though Audi sales are up 6% to 159,950 units, it wasn’t enough to resist Mercedes’ progression. Whereas Mercedes is benefitting from strong sales of its redesigned A, C, E and S Class as well as a great start for the GLA and CLA models, Audi has pushed its planned overhauls of the A4 and Q7 into 2015.
Audi has been the world’s No.2 premium automaker since 2011 when it overtook Mercedes, however its lead over the the Daimler division has thawed from 118,110 units a year ago to 103,494 in 2014. Automotive News Europe quoted Frankfurt-based Commerzbank analyst Sascha Gommel as saying “Mercedes will catch up further with BMW and Audi in coming months, they simply got the freshest product lineup.” Audi has a goal of boosting full-year sales to above 1.7 million vehicles from last year’s record 1.58 million, relying on momentum in China and Europe where it leads the premium segment, while Mercedes is simply targeting brand deliveries above last year’s record 1.46 million cars. Both brands are vying to snatch the global luxury-sales crown from BMW by the end of the decade.
September saw worldwide sales of BMW branded vehicles grow by 6.1% to a total of 167,584 vehicles, lifting the year-to-date total to 1.319.492 sales, up an excellent 9.1% on the same period last year. Good news: BMW graciously made available global sales by model for the first 9 months of 2014. The BMW 2 Series Convertible & Coupé total 19,941 sales, the BMW 3 Series is up 3.7% to 349,930 units, an incredible result given the arrival of the 4 Series at 81,876 sales. The 5 Series is up 2.8% to 278,479 sales and the X5 is up 34.2% to 104,997 units thanks to the new generation. Finally, a significant milestone: BMW i range sales now total 10,540 for the year to date with 10,199 BMW i3s and 341 BMW i8s sold. Note the i8 is sold out through the end of 2014 in the USA. Source: Manufacturers, Automotive News
Based on data published by POLK, global passenger car sales are up 4.7% year-on-year in September to 6.927.151 registrations. This brings the year-to-date total to a record 59.242.409 units, up 4.6% on 2014. Asia, Northern American and Western Europe more than made up for sharp losses in Eastern Europe and Latin America: sales in the Asia/Pacific region are up 6.3%, with China (albeit at a slower growth rate) compensating for a decrease in Japan, while sales in the NAFTA region are up 5%. In Latin America, the new car market is down 6.5% in September and 8.7% YTD, with Argentina and Brazil down sharply. Western Europe is up 6.4% in September and 5.2% YTD, whereas Eastern Europe posted a 8.6% decline due to the civil war in Ukraine and anctions imposed on Russia, bringing the year-to-date total down 9.4%.
Projections for the Full Year 2014 at Polk stand at a record 78.3 million units, which would be a 3.8% improvement over 2013. New registrations in the Asia/Pacific region are expected to increase by 6.9% in 2014. In China alone, sales in the current year will be up around 1.8 million units from the year before. New registrations in the NAFTA region are expected to continue to climb to about 19.2 million units (up 5.4%). Sales in the Latin American markets, on the other hand, will fall to about 5.4 million units (-9.2%) and will be down in Eastern Europe as well (-9.6%). Passenger vehicle demand in Western Europe, on the other hand, will be up once again in 2014 (up 4.6%).
All-in-all, continued growth in Asia and the NAFTA region, as well as the progressing recovery in Western Europe, will push global passenger vehicle sales over the 80 million-unit mark for the first time in 2015. Note this is passenger cars only, and this data does not include sales of commercial vehicles, light medium or heavy. Source: POLK via SMMT