The margin is slim but every sale counts.
Toyota ousted GM from the overall top spot in 2021.
Sales are 10% down on average YoY in the first quarter of 2022.
Due to circumstances, Toyota took over the reins as the best-selling car brand in the US last year. GM had held the title forever but due to ongoing part supply issues, shortages, and other pandemic-related complications, they landed in second place.
General Motors is About to Lose its 94 Year Dominance of the US Market to Toyota
The story is so far unchanged this year. Assembly line disruptions and delays are once more the root causes of production complications leaving consumers with fewer choices, longer wait times, and higher prices. Based on the results, Toyota’s managing the issues better, if only by a nearly invisible margin.
In the first three months of 2022, Toyota delivered 514,592 new vehicles while General Motors put 512,946 new vehicles on the road. These figures are down compared to 2021. Toyota saw its total deliveries drop by 14.7%, 20.1% for GM.
Sales were down over 10% as a whole in the first quarter of 2022, according to Fox.
