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Toyota Topped G.M. in U.S. Car Sales in 2021, a First for a Foreign Automaker

Toyota Topped G.M. in U.S. Car Sales in 2021, a First for a Foreign Automaker

The New York Times
Wednesday, January 05, 2022 01:29:52 AM UTC

After struggling to produce cars because of a global computer chip shortage, automakers are trying to move quickly to making electric vehicles.

Toyota Motor unseated General Motors as the top-selling automaker in the United States last year, becoming the first manufacturer based outside the country to achieve that feat in the industry’s nearly 120-year history.

That milestone underlines the changes shaking automakers, which face strong competition and external forces as they move into electric vehicles. And it came in a tumultuous and strange year in which automakers contended with an accelerating shift to electric vehicles and struggled with profound manufacturing challenges. New car sales have been damped by a severe shortage of computer chips that forced automakers to idle plants even though demand for cars has been incredibly robust.

G.M., Ford Motor and Stellantis, the automaker created by the merger of Fiat Chrysler and Peugeot, produced and sold fewer cars than they had hoped to in 2021 because they were hit hard by the chip shortage. Toyota was not hurt as much.

Read full story on The New York Times
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