We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Toyota Topped G.M. in U.S. Car Sales in 2021
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Business > Toyota Topped G.M. in U.S. Car Sales in 2021
Business

Toyota Topped G.M. in U.S. Car Sales in 2021

By Editorial Board Published January 4, 2022 3 Min Read
Share
Toyota Topped G.M. in U.S. Car Sales in 2021
04economy briefing auto sales facebookJumbo

Automakers are also contending with the transition to electric cars and trucks. Many companies are spending tens of billions of dollars designing battery-powered models and building plants to produce them. They are racing to catch up to Tesla, which sells a large majority of electric vehicles now.

But most established automakers are unlikely to gain ground in U.S. electric vehicle sales this year because they are not in a position to produce many tens of thousands of such cars for at least another year or two.

Updated 

Jan. 5, 2022, 12:23 a.m. ET

And Tesla, which was founded in 2003, is not standing still. After reporting a nearly 90 percent jump in global sales last year, to just shy of one million, the company plans to start mass production at two new factories this year, near Austin, Texas, and Berlin. It has been less affected by the chip shortage because it was able to switch to types of chips that are more readily available.

The electric-car maker does not break out sales by country, but Cox Automotive estimated that it sold more than 330,000 in the United States, or roughly as many vehicles as Mercedes-Benz and BMW each sold here.

Ford is perhaps the only major automaker that could pose a serious competitive threat to Tesla this year. This spring, Ford plans to start selling an electric version of its F-150 pickup truck, the top-selling vehicle in the United States. The company has taken more than 200,000 reservations for that truck, the F-150 Lightning, and hopes to produce more than 50,000 this year. It is increasing production at a plant near Detroit to build 80,000 in 2023 and up to 150,000 in 2024.

“The F-150 is the most important franchise in our company,” Kumar Galhotra, president of Ford’s Americas and international markets group, said in an interview. “The F-150 Lightning shows how serious our commitment is to the E.V. market.”

Ford has been selling a popular electric sport-utility vehicle, the Mustang Mach E, for nearly a year. It said Tuesday that it aimed to increase production of the Mach E to 200,000 vehicles a year by 2023.

TAGGED:AutomobilesCompany ReportsComputer ChipsCoronavirus (2019-nCoV)Electric and Hybrid VehiclesFord Motor CoGeneral MotorsJapanShortagesShutdowns (Institutional)StockpilingTesla Motors IncThe Washington MailToyota Motor CorpUnited States
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

England v Spain: When is the Ladies’s Euro 2025 ultimate and the place are you able to watch it?

England v Spain: When is the Ladies’s Euro 2025 ultimate and the place are you able to watch it?

World
July 24, 2025
Financial institution Branches Are The Newest Artistic Destruction Casualty | Economics

Financial institution Branches Are The Newest Artistic Destruction Casualty | Economics

Over 8,000 financial institution branches are anticipated to shut worldwide in 2025. Roughly 3,200 of…

July 24, 2025
'Their aim is to protect native journalism': Metropolis Pulse founder discusses sale of longtime native paper

'Their aim is to protect native journalism': Metropolis Pulse founder discusses sale of longtime native paper

LANSING, Mich. (WLNS) -- Earlier this 12 months, Metropolis Pulse founder Berl Schwartz wrote that…

July 24, 2025
Venezuelan scarred after being despatched to most safety jail by Trump administration

Venezuelan scarred after being despatched to most safety jail by Trump administration

Arturo Suarez cries as he hugs his household for the primary time in months. His…

July 24, 2025
Worldwide college students nationwide nonetheless searching for host households

Worldwide college students nationwide nonetheless searching for host households

LANSING, Mich. (WLNS) -- CETUSA, a Grand Rapids-based worldwide alternate scholar program, says they've just…

July 24, 2025

YOU MAY ALSO LIKE

Cleared Metropolis merchants blame ‘purge’ as they hit out at rate-rigging prosecutions

The town merchants wrongfully convicted within the aftermath of the monetary disaster have spoken out about their decade-long battle for…

Business
July 23, 2025

TPG revives Debenhams hyperlinks with £175m Boohoo debt deal

The London-listed style retailer Boohoo Group is near securing a £175m refinancing increase in a deal that may revive recollections…

Business
July 23, 2025

Signal as much as new Cash publication from award-winning group

Every Friday, subscribers get unique money-saving suggestions and options from the group behind the award-winning Cash weblog, which is learn…

Business
July 23, 2025

Coca-Cola to launch cane sugar-made drink in US after Trump mentioned ‘it is simply higher’

Coca-Cola will launch a model of its signature drink within the US made with cane sugar days after Donald Trump…

Business
July 23, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?