DailyKanban

Global automakers are slowly, very slowly climbing out of the hole they fell into earlier in the year, pushed by a trifecta of COVID, supply chain troubles, and a Ukraine shooting war. By the end of August, total global industry volume was down only 4.9% year-to-date, in the month of August it rose an encouraging 6.6%.

World’s largest automaker Toyota Group reflects this trend to a T. In August, global YTD group sales were down 4.9%.

The healthiest on the leaderboard is Hyundai Group, with global YTD group sales down only 1.9%. Most likely, Hyundai Group will keep its position, and end the year as 3^rd-largest automaker. If current trajectories are kept, Hyundai Group could overtake Volkswagen in 2023.

[ There is more … ]