Even as 85 million vehicles rolled off production lines worldwide in 2022, signaling a colossal industry on the move, this blog post delves into the numbers to reveal the titans steering the wheel, the electric revolution reshaping our roads, and the human workforce powering it all.
Key Takeaways
- Global vehicle production reached 85 million units in 2022
- Toyota produced 10.5 million vehicles in 2022
- Volkswagen Group manufactured 8.3 million cars in 2022
- Global light vehicle sales reached 81.6 million units in 2022
- US new vehicle sales were 13.9 million in 2022
- China's passenger car sales hit 20.5 million in 2022
- Global EV sales surged to 10.2 million units in 2022
- Tesla Model Y was the best-selling EV with 1.2 million units in 2022
- BYD sold 1.86 million NEVs in 2022
- US auto industry employs 1.0 million direct workers
- Global auto sector supports 60 million jobs
- Michigan employs 900,000 in auto-related jobs
- US traffic fatalities reached 42,939 in 2022
- Global road deaths total 1.19 million annually
- US vehicle recall numbers hit 42 million in 2022
Global auto production rebounds as electric vehicle sales surge worldwide.
Electric Vehicles
- Global EV sales surged to 10.2 million units in 2022
- Tesla Model Y was the best-selling EV with 1.2 million units in 2022
- BYD sold 1.86 million NEVs in 2022
- Europe's EV market share reached 14.6% in 2022
- US EV sales hit 805,000 units in 2022
- China's EV sales were 6.9 million in 2022
- Global BEV sales grew 55% to 7.3 million in 2022
- PHEV sales worldwide reached 2.8 million in 2022
- Volkswagen EV sales were 464,000 units in 2022
- Hyundai EV deliveries hit 240,000 in 2022
- Ford sold 61,000 EVs in US in 2022
- BMW i-series sales were 215,000 in 2022
- Mercedes EQ sales reached 205,000 in 2022
- Global EV market share was 14% in 2022
- Norway EV penetration hit 88% of new sales in 2022
- California EV sales share was 16.5% in 2022
- Battery costs fell to $132/kWh in 2022
- Global public EV chargers reached 2.7 million in 2022
- Tesla Supercharger network grew to 50,000 stalls in 2022
- Rivian delivered 20,000 vehicles in 2022
- Lucid produced 7,180 vehicles in 2022
- Polestar sales were 71,000 cars in 2022
- NIO delivered 122,486 vehicles in 2022
- XPeng sales hit 120,757 in 2022
Electric Vehicles Interpretation
While Tesla's Model Y still wears the EV sales crown, the real story is that the throne is now surrounded by a crowded and rapidly expanding court, with China's BYD commanding an entire army and legacy automakers finally marching their battalions onto the field.
Employment and Labor
- US auto industry employs 1.0 million direct workers
- Global auto sector supports 60 million jobs
- Michigan employs 900,000 in auto-related jobs
- Toyota employs 370,000 worldwide
- Volkswagen Group has 675,000 employees
- GM employs 163,000 people globally
- Ford has 177,000 employees
- Stellantis workforce is 272,000
- Hyundai-Kia employs 120,000 outside Korea
- US auto manufacturing jobs at 950,000 in 2022
- China's auto industry employs 4.5 million
- Germany's auto sector has 835,000 jobs
- India's auto industry supports 37 million jobs
- Auto R&D employment grew 5% in 2022
- Supplier jobs account for 70% of auto employment
- Women represent 25% of US auto workforce
- Average auto worker wage is $28/hour in US
- EV transition to create 10 million new jobs by 2030
- Auto industry labor productivity up 2.5% in 2022
- Japan auto employment stable at 5.5 million
- Brazil auto sector employs 1.3 million
- Mexico auto jobs at 900,000 in 2022
- UK automotive employment 183,000
- South Korea auto workers 250,000
- Automation reduced assembly jobs by 10% since 2018
- Dealer employment in US is 1.1 million
- Global auto average salary $45,000/year
Employment and Labor Interpretation
While the auto industry proudly claims it's shifting toward an electric and automated future, its current lifeblood remains the vast, global network of millions of human hands building, selling, and engineering everything from bolts to batteries.
Production and Manufacturing
- Global vehicle production reached 85 million units in 2022
- Toyota produced 10.5 million vehicles in 2022
- Volkswagen Group manufactured 8.3 million cars in 2022
- US auto production hit 10.6 million units in 2022
- China's vehicle output was 27 million in 2022
- Hyundai-Kia produced 7.3 million vehicles globally in 2022
- Ford Motor Company output was 4.4 million units in 2022
- Stellantis produced 6.1 million vehicles in 2022
- General Motors manufactured 6.1 million units in 2022
- Honda's global production was 3.7 million vehicles in 2022
- Nissan produced 3.4 million vehicles in FY2022
- Renault Group output reached 2.2 million units in 2022
- BMW Group produced 2.4 million cars in 2022
- Mercedes-Benz Cars production was 2.0 million units in 2022
- Tata Motors produced 945,000 vehicles in FY2022/23
- Suzuki global production hit 2.9 million units in 2022
- Mazda produced 1.15 million vehicles in FY2022
- Subaru output was 951,000 units in FY2022
- Global truck production was 3.5 million in 2022
- India's vehicle production reached 25.9 million units in FY2022/23
- Japan auto production was 7.8 million vehicles in 2022
- Germany's car production fell to 3.7 million in 2022
- South Korea produced 4.0 million vehicles in 2022
- Mexico vehicle output was 3.5 million units in 2022
- Brazil produced 2.3 million vehicles in 2022
- Thailand auto production hit 1.84 million in 2022
- Indonesia vehicle production was 1.37 million units in 2022
- Turkey produced 1.35 million cars in 2022
- Spain's auto output was 2.2 million vehicles in 2022
- France produced 1.75 million vehicles in 2022
Production and Manufacturing Interpretation
While the world collectively built enough cars in 2022 to give a new one to every person in Germany, the leaderboard shows Toyota comfortably ahead, China lapping the field, and Volkswagen gamely trying not to sneeze and let Hyundai-Kia past.
Safety and Environment
- US traffic fatalities reached 42,939 in 2022
- Global road deaths total 1.19 million annually
- US vehicle recall numbers hit 42 million in 2022
- Euro NCAP 5-star ratings for 95% new models in 2022
- Tesla Autopilot crashes 1 per 5.9 million miles in 2022
- CO2 emissions from cars fell 2.5% in EU 2022
- Global fleet average fuel economy 7.5 L/100km in 2022
- US CAFE standards target 49 mpg by 2026
- ADAS-equipped vehicles rose to 45% in 2022
- Pedestrian deaths up 77% since 2010 in US
- China's NEV credits system saved 200 Mt CO2 in 2022
- EU auto CO2 fleet average 108.4 g/km in 2022
- Japan new car average fuel economy 16.2 km/L in 2022
- Global NOx emissions from vehicles down 20% since 2010
- US airbag deployment saved 50,000 lives since 1987
- Automatic emergency braking standard in 50% new US cars 2022
- Tyre pressure monitoring systems reduced fatalities 10%
- Global seatbelt use prevents 1 million deaths yearly
- EV battery recycling rate reached 95% in EU 2022
- US auto industry recycled 88% of materials in 2022
Safety and Environment Interpretation
We stand at a tragic crossroads where our cars are getting brilliantly safer for their occupants while becoming more perilous for pedestrians, even as we frantically clean up our environmental act and recall half the fleet, proving that in the automotive era, humanity is both the genius engineer and the hapless crash-test dummy.
Sales and Revenue
- Global light vehicle sales reached 81.6 million units in 2022
- US new vehicle sales were 13.9 million in 2022
- China's passenger car sales hit 20.5 million in 2022
- Europe new car registrations totaled 10.1 million in 2022
- Toyota sold 10.5 million vehicles worldwide in 2022
- Volkswagen Group deliveries were 8.2 million cars in 2022
- Hyundai Motor Group sales reached 7.3 million units in 2022
- Ford sold 4.2 million vehicles globally in 2022
- Stellantis delivered 6.0 million vehicles in 2022
- GM US sales were 2.3 million vehicles in 2022
- Honda global sales hit 3.9 million units in 2022
- Nissan worldwide sales were 3.4 million vehicles in FY2022
- BMW Group sales reached 2.4 million cars in 2022
- Mercedes-Benz sold 2.0 million passenger cars in 2022
- Tesla delivered 1.31 million vehicles in 2022
- India's auto sales were 23.6 million units in FY2022/23
- Japan vehicle sales totaled 4.3 million in 2022
- Global auto revenue was $2.8 trillion in 2022
- Toyota revenue reached $275 billion in FY2022
- Volkswagen revenue was $293 billion in 2022
- Ford revenue hit $158 billion in 2022
- GM revenue was $156 billion in 2022
- Stellantis revenue reached $189 billion in 2022
Sales and Revenue Interpretation
The automotive world is currently a tale of two superpowers and a stubborn undercurrent of recovery, as China and Toyota lead the pack in sheer volume while the rest of the globe collectively steps on the gas, hoping the $2.8 trillion engine doesn't start to sputter.
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