Chinese automakers are set to take the top spot in global new vehicle sales for the first time in 2025, knocking Japanese players, which held the position for more than 20 years, to second place.
Japan’s lead over China – which stood at around 8 million units in 2022 – has been erased in just three years.
Toyota and Honda still lead sales because they build cars people actually buy. Toyota has been selling hybrids since 1997.
These companies don’t have a government or delusional investors propping them up with no expectations of profit.