Toyota Corolla Will Lose Best Selling Car Crown After 48 Years

The Toyota Corolla has been the best-selling car (nameplate) since 1974. There have been over 50 million sold in the past 48 years. The Tesla Model Y is already the best-selling car in terms of sales revenue in the first half of 2022. Here I go over the details of Corolla sales in 2021 and…
Toyota Corolla Will Lose Best Selling Car Crown After 48 Years


The Toyota Corolla has been the best-selling car (nameplate) since 1974. There have been over 50 million sold in the past 48 years. The Tesla Model Y is already the best-selling car in terms of sales revenue in the first half of 2022.

Here I go over the details of Corolla sales in 2021 and 2022 in North America, China and Europe.

Toyota held on to the monthly world’s best-selling car crown in June. If the Corolla had only sold their average sales for January to May 2022 then Tesla would have beat them with the Model Y June sales. The ramping of the Tesla Berlin and Austin factory and increased production from China will enable Tesla to make 110,000 to 120,000 cars per month by November, December of 2022.

This required finding the monthly car and first half car sales for the Toyota Corolla by region. There is compiled information from Toyota Europe, Marklines and Goodcarbadcar.net for the Corolla and Tesla’s numbers for the Model Y.

Taking the annual World’s best-selling car title is relatively rare. Even rarer is getting the most cumulative car sales. Tesla would have to reach cumulative sales of over 60 million for it surpass the cumulative sales level of the Toyota Corolla. If the Tesla Model Y reaches annual sales of 5 million per year then it would take about 12 more years to pass the Corolla for the cumulative sales title.

1/16 Tesla Model Y is Ending Toyota Corolla’s 48 Dominance as World’s Best Selling car. Monthly unit sales wins August-December 2022 and then with annual sales domination starting in 2023. Model Y already outsold the Corolla $21B to $14B in 2022H1. https://t.co/HxZkgSAhTY $TSLA

— nextbigfuture (@nextbigfuture) August 3, 2022

9/16 Toyota Corolla will still keep its top-selling car ever title for another ten years or so. Over 50 million have been sold. Model Y will need ten years at over 5M per year to get overall top-selling car ever. $TSLAhttps://t.co/HxZkgSAhTY pic.twitter.com/S6V6Obc0Kb

— nextbigfuture (@nextbigfuture) August 3, 2022

10/16 Tesla Model Y will be more like the best selling ever winners- Ford Model T and VW Beetle. One main body type vs many designs called Corolla. $TSLA pic.twitter.com/Ng8ITBYikW

— nextbigfuture (@nextbigfuture) August 3, 2022

11/16 Ford’s Model T peaked with 70% market share in some years. A dominant Tesla Model Y could reach 20-30% of all EV sales in a single year. https://t.co/HxZkgSAhTY $TSLA

— nextbigfuture (@nextbigfuture) August 3, 2022

15/16 Internal combustion engine car sales will decline and EV sales ramp up sharply. S-curve EV tech adoption past 10% will reach 50-70% in four to six years. Model Y, Model 3 and cybertruck could be top three in sales in 2024-2025 and beyond. $TSLA

— nextbigfuture (@nextbigfuture) August 3, 2022

16/16 Best-selling car domination usually lasts for decades. https://t.co/HxZkgSAhTY $TSLA $TSLAQ

Tesla Model Y takes the crown next year and will start a long run as the global king of car sales. @elonmusk pic.twitter.com/yxOagiFyPq

— nextbigfuture (@nextbigfuture) August 3, 2022

New Tesla Model Y With Lithium Manganese Iron Phosphate Battery from CATL Coming in Q4 2022

The 72 kWh Lithium Manganese Iron Phosphate battery for a Model Y will weigh about the same as a 60 kWh lithium iron phosphate battery. This would be a 310 mile EPA range.

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