5 Best Selling Car Brands in the World

2. Volkswagen AG (OTC:VWAGY)    

2023 Sales Volume (million): 9.24

Volkswagen AG (OTC:VWAGY) is one of the big players in Germany, making all kinds of wheels from motorcycles to cars. In 2023, they were on fire in Europe, selling a whopping 3,774,500 vehicles, a chunk of which were all-electric models.

They definitely rocked the electric vehicle market and snagged extra market space in that corner. In Western Europe, their growth hit a solid 20.6%, with 3,271,000 folks rolling off in a shiny new Group brand vehicle.

And hey, in Germany, their home turf, they revved up deliveries by 15.1% to 1,185,100 vehicles. Over in Central and Eastern Europe, Volkswagen AG (OTC:VWAGY) handed out 503,500 vehicles, marking a 13.9% boost. North America wasn’t left out either – the Volkswagen Group revved up deliveries by a cool 17.9% to hit 993,100 vehicles.