General Motors has long been the best-selling automobile concern in the United States. But at the end of 2021, for the first time in 90 years, the company lost its leadership position to Toyota.
This was reported by RBC-Ukraine Auto with reference to the Wall Street Journal.
The main reason for the change of leader was the continuing shortage of microcircuits, which affected Japanese and Chinese automakers to a lesser extent. Toyota said it was able to sell 2.3 million vehicles in the US, up 10 percent from the same period in 2020. GM sold 2.2 million vehicles last year, 114,000 fewer vehicles than Toyota and 13 percent fewer than theirs a year earlier.
GM commented on the loss of leadership: “The semiconductor shortage created an unprecedented set of circumstances in 2021. Despite the crisis, GM expanded its leadership in the production of full-size pickup trucks and SUVs.”
For the first time in 90 years: Toyota tops the US auto market Sales of other foreign automakers in the US, such as Hyundai, Mazda, Volkswagen and BMW, also rose last year. Growth has been fueled by increased demand for cars since the end of the coronavirus crisis. Not all automakers have announced their annual sales statistics yet, so all market leaders will be announced closer to the middle of the month.
Recall that Toyota marks the release of 50 million Corolla with an unusual comic. In the manga comic book series, the automaker told the story of the car, dating back to the 60s and modern times.