Top 3 Japanese Car Manufacturers

Japan has long been one of the world’s top car superpowers, and the top 10 Japanese car brands in 2018 — which are still among the world’s top car brands — are responsible for some of the world’s most manufactured and best-selling automobiles. Japan is also the world’s third-largest automobile producer in terms of production and the world’s second-largest automotive exporter in terms of value. The success of cars manufactured in Japan is increasingly increasing in the global market due to competitive demand, good efficiency, and practicality. The automobile industry in Japan, including the Japanese Domestic Market, is expected to continue to thrive as global demand for affordable and practical cars grows, and the best Japanese car brands are expected to remain market leaders in the future. Japanese cars are important in today’s society. With more and more people purchasing these cars and driving them, they are also important to people who do malaysia forex brokers review.

 

Japan’s car industry is technologically advanced and revolutionary. Since the 1960s, it has regularly ranked in the top three global automakers. Over the last few decades, Japan’s automotive manufacturing has exploded, striving for both domestic and international markets. According to IHS Markit, overall automobile demand in Japan increased by 5.2 percent annually in 2017 to 9.68 million units. Over the year, passenger car production increased by 6.0 percent to 8.35 million units, while truck production increased by 1.0 percent to 1.21 million units. In 2017, bus volume fell 5.4 percent year over year to 122,679 units. In terms of automobile exports, Japan’s overall vehicle exports increased by 1.5 percent year on year to 4.71 million units in 2017. We will now list down the top three best Japanese car manufacturers below.

 

  1. Toyota

 

Toyota is one of the best-selling automotive brands in the world, according to Toyota Motor Corporation, which sold 10.35 million cars worldwide in 2017 (including 1.52 million hybrid vehicles), slightly more than Honda and Suzuki combined. Toyota has consistently sold a large number of cars around the world over the years, with models such as the Prius, Aqua, and Sienta among the best-selling cars in the world. Toyota has expanded its production and sales of hybrid and electric vehicles in recent years, making it a global leader in the electric vehicle industry.

 

2.     Nissan

 

Nissan had a better year in terms of revenue than it had in the previous two years, with worldwide unit sales hitting a new peak of 5.77 million units, up 2.6 percent year on year. On a global scale, the Sentra and Altima were among the brand’s best-selling vehicle models. Nissan is a full-line automaker with more than 60 vehicles sold under the Nissan, INFINITI, and Datsun names worldwide.

 

3.     Honda

 

Honda sold approximately 5 million cars worldwide in 2017, putting it in second position among the top ten Japanese car brands in the world. The Fit, City, and Vezel were among the brand’s best-selling models last year, helping to boost the company’s overall success in the global automotive industry. Honda is now one of the top ten car manufacturers in the country, with a turnover of more than $60 billion in 2017. For more articles like this one, click here.