Japan's Toyota Motor held on as the world's top-selling automaker in 2022. It's the third straight year it has claimed the title.

Toyota says its global group sales, including for Daihatsu and Hino, came to 10.48 million new units. That's down one-tenth of a percent from the previous year.

Toyota says it managed to minimize the impact that the coronavirus pandemic and a global chip shortage had on its production.

Germany's Volkswagen Group came second with 8.26 million vehicles.

South Korea's Hyundai Motor Group took the third spot with 6.84 million.

It was followed by the alliance of Nissan Motor, Renault and Mitsubishi Motors with 6.15 million.

The third and fourth place finishers switched places from the year before.