In this article, we discuss the 5 best-selling cars, trucks, and SUVs for 2022 and 2023. If you want to skip the detailed analysis of the automotive industry, you can go to the 25 Best Selling Cars, Trucks, and SUVs of 2022 and 2023.
5. Tesla Model Y
Total number of sales: 421,900 units
In a historic development for the auto industry, the Tesla Model Y has claimed the top spot in global sales rankings in 2023, marking the first time an all-electric car has achieved this feat. Despite initial skepticism, Tesla, Inc. (NASDAQ:TSLA)’s aggressive pricing strategies, global expansion, and tax credit schemes have driven increased demand from its customers.
4. Toyota RAV 4
Total number of sales: 587,000 units
The Toyota RAV4’s popularity as one of the bestselling vehicles can be attributed to its versatile and appealing package. It combines a spacious and comfortable interior with a rugged yet efficient design, making it a top choice for families and adventurers alike. Toyota Motor Corporation (NYSE:TM)’s reputation for reliability and the RAV4’s competitive pricing further solidify its status as a favorite among consumers worldwide.
3. Dodge Ram
Total number of sales: 691,400 units
Dodge Ram is a top choice for those who demand a workhorse. Its striking exterior design and spacious well-appointed interior also cater to buyers seeking style and comfort. Dodge Ram trucks come in various configurations, from the powerful Ram 1500 to the heavy-duty Ram 2500 and 3500, allowing customization for diverse needs. Its strong lineup of engines, including the potent HEMI V8, ensures ample power for various tasks. Moreover, Dodge’s commitment to innovative technology and modern features adds to its appeal, solidifying the Ram’s status as a favorite among truck enthusiasts and hardworking individuals alike. Dodge brand is owned by one of the most renowned manufacturers, Stellantis N.V. (NYSE:STLA).
2. Chevrolet Silverado
Total number of sales: 777,400 units
The Chevrolet Silverado’s position as one of the best-selling vehicles can be attributed to its winning combination of versatility, robust performance, durability, and brand loyalty. Offering a range of configurations, from workhorse models to high-end trims, it caters to diverse customer needs. With potent engine options, it excels in towing and hauling, making it a top choice for both commercial and personal use. Its longstanding reputation for durability and reliability instills trust in buyers. Moreover, Chevrolet is produced by General Motors Company (NYSE:GM) whose brand loyalty, cultivated over decades, plays a significant role in its continued success, with many customers returning for its quality and performance.
1. Ford F-Series
Total number of sales: 1.037 million units
From the F-150 to the F-550 chassis cab, encompassing entry-level XL to top-tier Limited models, as well as spanning across different technologies like EcoBoost and the all-electric F-150 Lightning, Ford Motor Company (NYSE:F) remains at the forefront of innovation with the introduction of the best-selling all-electric F-150 Lightning in 2022, and impressive demand for the new F-Series Super Duty, positioning it as the preferred choice for heavy-duty truck buyers.
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