Latest news with #JATODynamics
The Advertiser
2 days ago
- Automotive
- The Advertiser
Toyota RAV4 topples Tesla Model Y as world's best-selling car
The Toyota RAV4 has overtaken the Tesla Model Y as the world's best-selling car according to new figures from JATO Dynamics automotive analyst Felipe Munoz. According to Mr Munoz, the Toyota RAV4 – the second-best selling vehicle in Australia last year behind the Ford Ranger – outsold the Tesla Model Y globally by fewer than 3000 cars. Mr Munoz's figures put the RAV4 at the top with 1,187,000 sales globally in 2024, an increase of 11 per cent on the previous year, ahead of the Model Y's 1,185,000 sales, representing a 3 per cent sales drop. It's a reverse of last year's order which saw the Model Y on top with 1,223,000 sales and the RAV4 in second on 1,075,000. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. As Mr Munoz points out, the 2024 result is impressive given the RAV4 is in the final year of the current generation, with a new model coming in 2026 including a plug-in hybrid RAV4 confirmed for Australian showrooms. The RAV4 also fended off the updated Model Y, although Tesla did point to a pause in production between old and new Model Ys as impacting sales in both 2024 and early 2025. Tesla posted its first global sales decline in its history in 2024, and its deliveries fell by 16.8 per cent in Australia. The brand has recovered somewhat with its first increase recorded in May when it posted its highest sales in Australia in almost 12 months. Behind the lead duo was another Toyota, the Corolla Cross, with an 18 per cent jump to 859,000 sales, only 5000 ahead of the Honda CR-V. Both were well ahead of the fifth-placed Toyota Corolla with 697,000 sales – though Mr Munoz cites only the Corolla sedan and related Levin sedan for this figure – with the Toyota HiLux next and then the Ford F-150. Impressively, Chinese manufacturer BYD made in into the top ten, with its Qin sedan – not sold in Australia – moving up from 12th in 2023 to trail the Toyota Camry in eighth and Tesla Model 3 in ninth. Mr Munoz said the sales figures are based on data for the 153 markets that cover 99 per cent of global new-car sales. MORE: Tesla Model Y crowned world's best-selling car in 2023 Content originally sourced from: The Toyota RAV4 has overtaken the Tesla Model Y as the world's best-selling car according to new figures from JATO Dynamics automotive analyst Felipe Munoz. According to Mr Munoz, the Toyota RAV4 – the second-best selling vehicle in Australia last year behind the Ford Ranger – outsold the Tesla Model Y globally by fewer than 3000 cars. Mr Munoz's figures put the RAV4 at the top with 1,187,000 sales globally in 2024, an increase of 11 per cent on the previous year, ahead of the Model Y's 1,185,000 sales, representing a 3 per cent sales drop. It's a reverse of last year's order which saw the Model Y on top with 1,223,000 sales and the RAV4 in second on 1,075,000. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. As Mr Munoz points out, the 2024 result is impressive given the RAV4 is in the final year of the current generation, with a new model coming in 2026 including a plug-in hybrid RAV4 confirmed for Australian showrooms. The RAV4 also fended off the updated Model Y, although Tesla did point to a pause in production between old and new Model Ys as impacting sales in both 2024 and early 2025. Tesla posted its first global sales decline in its history in 2024, and its deliveries fell by 16.8 per cent in Australia. The brand has recovered somewhat with its first increase recorded in May when it posted its highest sales in Australia in almost 12 months. Behind the lead duo was another Toyota, the Corolla Cross, with an 18 per cent jump to 859,000 sales, only 5000 ahead of the Honda CR-V. Both were well ahead of the fifth-placed Toyota Corolla with 697,000 sales – though Mr Munoz cites only the Corolla sedan and related Levin sedan for this figure – with the Toyota HiLux next and then the Ford F-150. Impressively, Chinese manufacturer BYD made in into the top ten, with its Qin sedan – not sold in Australia – moving up from 12th in 2023 to trail the Toyota Camry in eighth and Tesla Model 3 in ninth. Mr Munoz said the sales figures are based on data for the 153 markets that cover 99 per cent of global new-car sales. MORE: Tesla Model Y crowned world's best-selling car in 2023 Content originally sourced from: The Toyota RAV4 has overtaken the Tesla Model Y as the world's best-selling car according to new figures from JATO Dynamics automotive analyst Felipe Munoz. According to Mr Munoz, the Toyota RAV4 – the second-best selling vehicle in Australia last year behind the Ford Ranger – outsold the Tesla Model Y globally by fewer than 3000 cars. Mr Munoz's figures put the RAV4 at the top with 1,187,000 sales globally in 2024, an increase of 11 per cent on the previous year, ahead of the Model Y's 1,185,000 sales, representing a 3 per cent sales drop. It's a reverse of last year's order which saw the Model Y on top with 1,223,000 sales and the RAV4 in second on 1,075,000. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. As Mr Munoz points out, the 2024 result is impressive given the RAV4 is in the final year of the current generation, with a new model coming in 2026 including a plug-in hybrid RAV4 confirmed for Australian showrooms. The RAV4 also fended off the updated Model Y, although Tesla did point to a pause in production between old and new Model Ys as impacting sales in both 2024 and early 2025. Tesla posted its first global sales decline in its history in 2024, and its deliveries fell by 16.8 per cent in Australia. The brand has recovered somewhat with its first increase recorded in May when it posted its highest sales in Australia in almost 12 months. Behind the lead duo was another Toyota, the Corolla Cross, with an 18 per cent jump to 859,000 sales, only 5000 ahead of the Honda CR-V. Both were well ahead of the fifth-placed Toyota Corolla with 697,000 sales – though Mr Munoz cites only the Corolla sedan and related Levin sedan for this figure – with the Toyota HiLux next and then the Ford F-150. Impressively, Chinese manufacturer BYD made in into the top ten, with its Qin sedan – not sold in Australia – moving up from 12th in 2023 to trail the Toyota Camry in eighth and Tesla Model 3 in ninth. Mr Munoz said the sales figures are based on data for the 153 markets that cover 99 per cent of global new-car sales. MORE: Tesla Model Y crowned world's best-selling car in 2023 Content originally sourced from: The Toyota RAV4 has overtaken the Tesla Model Y as the world's best-selling car according to new figures from JATO Dynamics automotive analyst Felipe Munoz. According to Mr Munoz, the Toyota RAV4 – the second-best selling vehicle in Australia last year behind the Ford Ranger – outsold the Tesla Model Y globally by fewer than 3000 cars. Mr Munoz's figures put the RAV4 at the top with 1,187,000 sales globally in 2024, an increase of 11 per cent on the previous year, ahead of the Model Y's 1,185,000 sales, representing a 3 per cent sales drop. It's a reverse of last year's order which saw the Model Y on top with 1,223,000 sales and the RAV4 in second on 1,075,000. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. As Mr Munoz points out, the 2024 result is impressive given the RAV4 is in the final year of the current generation, with a new model coming in 2026 including a plug-in hybrid RAV4 confirmed for Australian showrooms. The RAV4 also fended off the updated Model Y, although Tesla did point to a pause in production between old and new Model Ys as impacting sales in both 2024 and early 2025. Tesla posted its first global sales decline in its history in 2024, and its deliveries fell by 16.8 per cent in Australia. The brand has recovered somewhat with its first increase recorded in May when it posted its highest sales in Australia in almost 12 months. Behind the lead duo was another Toyota, the Corolla Cross, with an 18 per cent jump to 859,000 sales, only 5000 ahead of the Honda CR-V. Both were well ahead of the fifth-placed Toyota Corolla with 697,000 sales – though Mr Munoz cites only the Corolla sedan and related Levin sedan for this figure – with the Toyota HiLux next and then the Ford F-150. Impressively, Chinese manufacturer BYD made in into the top ten, with its Qin sedan – not sold in Australia – moving up from 12th in 2023 to trail the Toyota Camry in eighth and Tesla Model 3 in ninth. Mr Munoz said the sales figures are based on data for the 153 markets that cover 99 per cent of global new-car sales. MORE: Tesla Model Y crowned world's best-selling car in 2023 Content originally sourced from:
7NEWS
2 days ago
- Automotive
- 7NEWS
Toyota RAV4 topples Tesla Model Y as world's best-selling car
The Toyota RAV4 has overtaken the Tesla Model Y as the world's best-selling car according to new figures from JATO Dynamics automotive analyst Felipe Munoz. According to Mr Munoz, the Toyota RAV4 – the second-best selling vehicle in Australia last year behind the Ford Ranger – outsold the Tesla Model Y globally by fewer than 3000 cars. Mr Munoz's figures put the RAV4 at the top with 1,187,000 sales globally in 2024, an increase of 11 per cent on the previous year, ahead of the Model Y's 1,185,000 sales, representing a 3 per cent sales drop. It's a reverse of last year's order which saw the Model Y on top with 1,223,000 sales and the RAV4 in second on 1,075,000. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. As Mr Munoz points out, the 2024 result is impressive given the RAV4 is in the final year of the current generation, with a new model coming in 2026 including a plug-in hybrid RAV4 confirmed for Australian showrooms. The RAV4 also fended off the updated Model Y, although Tesla did point to a pause in production between old and new Model Ys as impacting sales in both 2024 and early 2025. Tesla posted its first global sales decline in its history in 2024, and its deliveries fell by 16.8 per cent in Australia. The brand has recovered somewhat with its first increase recorded in May when it posted its highest sales in Australia in almost 12 months. Behind the lead duo was another Toyota, the Corolla Cross, with an 18 per cent jump to 859,000 sales, only 5000 ahead of the Honda CR-V. Both were well ahead of the fifth-placed Toyota Corolla with 697,000 sales – though Mr Munoz cites only the Corolla sedan and related Levin sedan for this figure – with the Toyota HiLux next and then the Ford F-150. Impressively, Chinese manufacturer BYD made in into the top ten, with its Qin sedan – not sold in Australia – moving up from 12th in 2023 to trail the Toyota Camry in eighth and Tesla Model 3 in ninth. Mr Munoz said the sales figures are based on data for the 153 markets that cover 99 per cent of global new-car sales.
Perth Now
2 days ago
- Automotive
- Perth Now
Toyota RAV4 topples Tesla Model Y as world's best-selling car
The Toyota RAV4 has overtaken the Tesla Model Y as the world's best-selling car according to new figures from JATO Dynamics automotive analyst Felipe Munoz. According to Mr Munoz, the Toyota RAV4 – the second-best selling vehicle in Australia last year behind the Ford Ranger – outsold the Tesla Model Y globally by fewer than 3000 cars. Mr Munoz's figures put the RAV4 at the top with 1,187,000 sales globally in 2024, an increase of 11 per cent on the previous year, ahead of the Model Y's 1,185,000 sales, representing a 3 per cent sales drop. It's a reverse of last year's order which saw the Model Y on top with 1,223,000 sales and the RAV4 in second on 1,075,000. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert As Mr Munoz points out, the 2024 result is impressive given the RAV4 is in the final year of the current generation, with a new model coming in 2026 including a plug-in hybrid RAV4 confirmed for Australian showrooms. The RAV4 also fended off the updated Model Y, although Tesla did point to a pause in production between old and new Model Ys as impacting sales in both 2024 and early 2025. Tesla posted its first global sales decline in its history in 2024, and its deliveries fell by 16.8 per cent in Australia. The brand has recovered somewhat with its first increase recorded in May when it posted its highest sales in Australia in almost 12 months. Supplied Credit: CarExpert Behind the lead duo was another Toyota, the Corolla Cross, with an 18 per cent jump to 859,000 sales, only 5000 ahead of the Honda CR-V. Both were well ahead of the fifth-placed Toyota Corolla with 697,000 sales – though Mr Munoz cites only the Corolla sedan and related Levin sedan for this figure – with the Toyota HiLux next and then the Ford F-150. Impressively, Chinese manufacturer BYD made in into the top ten, with its Qin sedan – not sold in Australia – moving up from 12th in 2023 to trail the Toyota Camry in eighth and Tesla Model 3 in ninth. Mr Munoz said the sales figures are based on data for the 153 markets that cover 99 per cent of global new-car sales. MORE: Tesla Model Y crowned world's best-selling car in 2023
Forbes
4 days ago
- Automotive
- Forbes
China's European EV Sales Slowdown Turns Into A Rally
Euro notes on a European union flag background. China's electric vehicle juggernaut appeared to be easing in Europe but last month new data showed the lull was short-lived. Momentum has sharply shifted again—this time back in favor of Chinese automakers—leaving the likes of Renault and Stellantis facing renewed pressure. In the top five European markets of Germany, France, Britain, Spain and Italy, Chinese brands had a market share of 6% in May, including ICE, hybrid, plug-in hybrid and EV, while it has accelerated to 11% just in the EV segment, investment bank UBS said in a report. Both outcomes were more than double the result for May 2024. JATO Dynamics said Chinese brand sales accelerated in May to 65,800 from 31,200 in same month last year. JATO global analyst Felipe Munoz said EV growth was despite the imposition last October of EU tariffs, which added up to 35% to the price of some vehicles, on top of the regular 10% import charge. Despite Tariffs 'Despite the EU's imposition of tariffs on Chinese electric vehicles, its car brands continue to post strong growth across Europe,' Munoz said in a report. 'Their momentum is partly due to their decision to push alternative powertrains, such as plug-in hybrids and full hybrids, to the region,' Munoz said. JATO Dynamics says it is the world's leading supplier of automotive business intelligence. UBS said further growth in Europe for Chinese manufacturers is expected because – A report from Reuters earlier this year showed the extent to which Chinese automakers can raise prices overseas compared with their home markets. The report said China's top EV maker BYD can charge up to three times more in foreign markets than at home. Reuters reviewed published prices by BYD dealers in Germany, Brazil, Australia and Thailand. BYD ATTO 3 (Photo by CHANAKARN LAOSARAKHAM/AFP via Getty Images) The starting price for the BYD Atto, a compact SUV, ranged from 81% to 174% higher than in China. The Dolphin hatchback ranged from 39% to 178% higher and Seal high-performance sedan prices were from 30% to 134% higher. EU tariffs could be replaced by 'minimum pricing', an agreement not to sell below a certain level. China has said it will decide whether to accept minimum pricing by July 9. Existential Threat Chinese companies' huge advantage in efficiency and therefore profitability revives the worry that the Chinese onslaught might turn out to be existential for European automakers. It will add fuel to the arguments of those seeking a change in EU rules to allow local manufacturers to exploit their long-term advantage in ICE technology, and give them a chance to make up the EV gap with China. This could include diluting the 2035 CO2 emissions rules. The EU Commission is meeting later this year to review the 2035 mandate, including the possibility of 'full technology neutrality'. The renewed Chinese action has now moved down market to the entry-level city car market where Europeans have struggled most to combat China's ability to produce truly affordable cars. Leapmotor T03 The recent launch of the BYD Surf will have rung more alarm bells. This little town car is a version of the BYD Seagull which sells for less than $10,000 in China. The version on sale in Europe has been modified at some expense, but its price of €18,000 after tax ($20,100) suggests a huge profit margin is likely. The Leapmotor TO3 is also a contender. Leapmotor is a Stellantis affiliate. It will be a couple of years before Volkswagen has competitive products in this price basement area with its ID-2 and ID-1. Other Chinese automakers are also moving in and that spells danger, according to UBS. Stellantis, Renault, VW In Firing Line 'After failed attempts in the premium BEV segment, their focus this time is on the mass market - EV & ICE - especially in the entry segment that incumbent (manufacturers) struggle to penetrate profitably. We think further acceleration will hit Stellantis the hardest, followed by Renault and Volkswagen as their affordable EVs might prove either uncompetitive price-wise, or unprofitable if prices come down,' UBS said in the report. There could be some relief ahead for Europeans, if the EU can soften its CO2 emissions rules when it opens talks later this year. VW ID.2 concept (Photo by Marcus Brandt/picture alliance via Getty Images) A couple of weeks ago, Stellantis chairman John Elkann called on the EU to reform its rules to allow automakers to build vehicles along the lines of Japan's 'Kei' cars. These are small, cheap ICE-powered vehicles, but EU rules have deliberately sought to remove them from the market by making emissions regulation too expensive. Expect a rising worry about the future of Europe's traditional auto industry, and the huge number of jobs at risk, to spur remedial action.
Yahoo
20-06-2025
- Automotive
- Yahoo
A Small Nation's Big Love for One of the Greatest Sports Cars Ever
The Porsche 911 isn't the kind of car you expect to see at the top of any country's sales charts, but the Principality of Andorra isn't just any country. This tiny nation, tucked high in the Pyrenees between France and Spain, has crowned the legendary sports car as its best-seller for 2024. With so many compact crossovers and fuel-efficient sedans dominating the world market, this is the kind of statistic that makes car enthusiasts do a double take. This insight originally came from a TikTok video by Launch Mode, which highlighted a report from Felipe Munoz (Car Industry Analysis), who works for auto research firm JATO Dynamics. The data showed that among the 2,379 passenger cars and light commercial vehicles sold in Andorra last year, the Porsche 911 led the way with 83 units sold—a staggering 40.7% increase from 2023. That put it ahead of other performance-focused models, including the Toyota GR Yaris and even Porsche's own Cayenne and Macan. With a population of just over 87,000, Andorra is known for its ski resorts, tax-friendly policies, and wealth. That last part plays a huge role in shaping the local car market. In 2024, the country saw 2,379 sales of new passenger cars and light commercial vehicles. Leading the pack was the Porsche 911, with 83 units sold — an astonishing 40.7% increase from the previous year. That put it ahead of performance-focused models like the Toyota GR Yaris and even Porsche's own Cayenne and Macan. There are a few key reasons why Andorra has become a haven for high-performance cars. First, the country's economic landscape makes luxury vehicles more attainable. Low tax rates and a strong tourism sector mean a significant portion of residents can afford cars that might be out of reach elsewhere. Second, the terrain is a dream for drivers. Winding mountain roads, crisp alpine air, and breathtaking views create the perfect environment for a car like the 911 to stretch its legs. Finally, there's a strong local appreciation for driving culture. Unlike in larger nations where practicality often wins out, Andorrans have the means and the desire to buy cars that thrill. What makes this trend even more fascinating is how different it is from the rest of the world. In the U.S., the Ford F-Series remains the undisputed king of car sales, with more than 700,000 trucks sold in 2024. The 911, while beloved, doesn't even come close to the top 25 best-selling vehicles in America. The contrast shows just how much geography, economy, and culture shape what people drive. Andorra's love for the Porsche 911 is more than just a sales anomaly—it's a reflection of a unique automotive culture. In a country where driving isn't just about getting from point A to point B, but about the thrill of the journey, it makes perfect sense that one of the world's most celebrated sports cars would take the crown.
