sales

Toyota sales grow 10.6% as firm retains global best-seller title

Toyota sales grow 10.6% as firm retains global best-seller title

Toyota sales grew by 10.6% in 2021 as the Japanese car maker retained its position as the world’s best-selling brand for a second consecutive year.  Combined with its premium brand Lexus, Toyota sold a total of 9.6 million units last year. It outsold Volkswagen, its closest competitor, by around 4.8 million.  Toyota’s growth in sales has …

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Tesla Notches Record Profit On Sales Surge–But EV Competition Is Building

Tesla Notches Record Profit On Sales Surge–But EV Competition Is Building

Tesla CEO Elon Musk greets fans at the company’s Giga Berlin plant in October 2021. dpa/picture alliance via Getty Images Tesla closed out its best year in company history posting quarterly and annual profit records, powered in large part by its booming operations in China, as Elon Musk’s electric car powerhouse is poised to finally …

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Jaguar Land Rover forecasts improved supply after 2021 sales dip

Jaguar Land Rover forecasts improved supply after 2021 sales dip

Jaguar Land Rover (JLR) sales dipped slightly in 2021 as a result of the semiconductor shortage, but the company is optimistic that supply will improve over the coming weeks. Britain’s biggest car manufacturer sold 420,856 units worldwide in 2021 – a 1.2% decrease compared to its 2020 output, which was itself dramatically impacted by the …

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