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Reading: According to recent reports, BYD has solidified its position as a global leader, ranking as the third-best selling automotive brand worldwide as of July.
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The Future Automobile > Electric Cars > According to recent reports, BYD has solidified its position as a global leader, ranking as the third-best selling automotive brand worldwide as of July.
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According to recent reports, BYD has solidified its position as a global leader, ranking as the third-best selling automotive brand worldwide as of July.

10 months ago 5 Min Read
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BYD was third best-selling brand in the world in July this year
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According to reports from Yiche, BYD’s models secured the third spot as the best-selling globally in July this year. According to the data, BYD acquired roughly 40% of the number of vehicles sold by industry leader Toyota, with a mere 30,000-unit gap separating it from runner-up Volkswagen. Despite being rated extremely high in July, as of now this year, BYD has occupied eighth position on the sales rankings chart since January till July. The outcomes are specifically designed for the model rather than the group.

In July, BYD acquired 315,600 vehicles, a notable contrast to Toyota’s 651,200 and Volkswagen’s 346,200. In a surprising turn of events, China’s domestic brands failed to dominate the top 10, but Chery still managed to secure an impressive 18th spot with 71,100 units sold, while Geely followed closely behind at 20th place with 63,800 vehicles sold.

1 Toyota 651,200
2 Volkswagen 346,200
3 BYD 315,600
4 Honda 280,800
5 Ford 265,400
6 Hyundai 245,900
7 Suzuki 228,400
8 Nissan 218,300
9 Kia 199,000
10 Chevrolet 198,600
11 Mercedes Benz 139,700
12 BMW 139,400
13 Tesla 112,400
14 Audi 111,000
15 Mazda 94,200
16 Fiat 72,600
17 Subaru 72,200
18 Chery 71,100
19 Jeep 64,100
20 Geely 63,800
The top 20 best-selling manufacturers in July 2024 were: Toyota with 1,423,000 units sold, followed closely by Ford with 1,241,000 units, Volkswagen with 1,234,000 units, Honda with 1,144,000 units, Nissan with 944,000 units, Hyundai/Kia with 844,000 units, General Motors with 744,000 units, Fiat Chrysler Automobiles (FCA) with 644,000 units, BMW/Mini with 544,000 units, Mercedes-Benz/Great Wall with 494,000 units, and Subaru with 444,000 units.

Despite this, the image of gross sales for the year to date looked vastly different. Despite a strong showing in July, BYD only managed to claim eighth place from January to July, with gross sales of approximately 1,714,100 units for the period. Gross sales for Geely plummeted to 577,700 units, sliding to an underwhelming 18th-place ranking overall. Toyota and Volkswagen maintained their top two positions, while Honda claimed the third spot so far this year.

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1 Toyota 4,594,000
2 Volkswagen 2,613,600
3 Honda 2,078,200
4 Ford 2,037,300
5 Hyundai 1,879,900
6 Suzuki 1,770,500
7 Nissan 1,721,700
8 BYD 1,714,100
9 Kia 1,484,000
10 Chevrolet 1,407,800
11 BMW 1,133,400
12 Mercedes Benz 1,068,400
13 Tesla 915,100
14 Audi 882,500
15 Renault 719,000
16 Mazda 665,700
17 Fiat 635,100
18 Geely 577,700
19 Jeep 538,100
20 Peugeot 533,600
Global Automotive Sales Rankings: Top 20 Best-Selling Manufacturers – Q1-Q3 2024

1. Toyota – 2,434,000 units
2. Volkswagen – 2,163,000 units
3. Ford – 1,844,000 units
4. Honda – 1,743,000 units
5. Nissan – 1,643,000 units
6. Hyundai/Kia – 1,563,000 units
7. Peugeot/Citroën/DS – 1,444,000 units
8. Fiat/Chrysler – 1,363,000 units
9. Renault – 1,343,000 units
10. Mazda – 1,284,000 units
11. Mercedes-Benz – 1,244,000 units
12. BMW/Mini – 1,234,000 units
13. General Motors (Chevrolet/Buick/GMC) – 1,193,000 units
14. Audi – 1,164,000 units
15. Porsche/Volkswagen Commercial Vehicles – 1,143,000 units
16. Volvo – 1,134,000 units
17. Jaguar/Land Rover – 1,094,000 units
18. Mitsubishi – 1,063,000 units
19. Subaru – 1,044,000 units
20. Suzuki – 1,034,000 units

Editor’s be aware:

Will China’s auto sales experience a typical surge in the second half of the year, potentially boosting the overall ranking of Chinese automakers by December? Despite the Chinese automotive market’s impressive size, it remains surprisingly fragmented, with only BYD having managed to achieve global recognition thus far. Will Chinese-language vehicles ultimately monopolize global markets? We may soon witness at least one or two prominent Chinese brands aside from BYD rank among the top ten.

Supply: Quick Know-how

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TAGGED: Electric, Electric Vehicles
TheFuture Automobile September 5, 2024 September 4, 2024
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