For the first time, Tesla dethroned the Toyota Corolla as the best-selling car in the world. But the goal doesn’t stop there, it’s even more relevant if we take into account that it’s also the first time a 100% electric car is number one in global sales convey.
The dethroned Corolla had been number one for years. However, it was now in second place, with 256,400 units. And the Tesla model took first place with the departure of 267,200 vehiclesaccording to data from consulting firm JATO Dynamics for 53 markets worldwide.
The milestone becomes even more relevant when one takes into account the one in the United States. the Tesla is worth $52,000 and the Corolla nearly half that, about $23,000.
Already in August 2022, Elon Musk himself, CEO of Tesla, had said -at the annual meeting of shareholders- that the Model Y would become the world’s most popular new vehicle in 2023.
According to experts and analysts, the power company could keep that job year-round. The Tesla Model Y had already passed another milestone when it dethroned the Dacia Sandero as the best-selling car in Europe.
Despite this, the Corolla continues to maintain a good performance globally, but the cause of its arrival in second place is mainly due to the fact that its sales fell 29% in China; and the United States, another of its strong markets, recorded a 10% loss compared to the first quarter of 2022.
According to M1, the model of the company led by Elon Musk stood out especially in Chinawhich was its most important market, as well as achieving good commercial performance in the United States (it increased sales by 68%) and Europe, where it was the best-selling model.
The electric had finished third in the world rankings last year, but in the first quarter of 2023, had 69% more sales.
Third place in the standings went to another Toyota: the Hilux, produced in plants such as Zárate in Buenos Aires (for the local market and for export to Latin America). There were 214,700 patented units in the world in the first three months of 2023.
The Japanese brand covered most of the report, with the presence of the RAV4, the C-segment SUV which includes the hybrid versions reaching the Argentine market. It was fourth after reaching 211,000 units worldwide between January and March of this year.
fifth placeaccording to the JATO Dynamics report, It was for the Toyota Camry. The brand’s largest sedan in Argentina, it has sold 166,200 units worldwide.
In any case, the Japanese company continues to be the number one manufacturer on the planet with a wide range of vehicles that includes more than 15 models. And it is also the best-selling brand in the world, thanks to its best-known models.
Charles Arterburn is a seasoned business journalist for News Rebeat, where he provides comprehensive coverage of the latest trends and developments in the world of finance and economics.