5 Best-Selling Cars Ever

AAA

Ransom E. Olds introduced the Curved Dash Olds, a single cylinder engine with tilted steering a chain drive, in 1901. Six-hundred were sold. Three years later, Olds' company sold 5,000 models and the mass production auto industry was on its way. According to a report from Ward's Auto released last week, the global number of cars exceeded 1.015 billion in 2010. Some models have been trendy throughout the years while others have been duds. Then there are a select few models that have remained popular with consumers year after year.

Toyota Corolla

Since 1966, the Corolla has been a mainstay in the industry. The design has never been flashy, but its fuel efficiency (currently 35 mpg) and affordability have made it the top seller of all time with 37.5 million sold so far. The base model currently sells for $16,130. The Corolla is also one of the most reliable and long-lasting vehicles, with some consumers reporting nearly 200,000 miles on their odometers.

Ford F-Series

This pick-up truck, which made its debut in 1948, was the best-selling vehicle in 2011 and has claimed the No. 2 spot on the all-time list with 35 million models sold. The average price for the base model is $22,990. The F-Series has been a main stay in the Truck industry and has lasted the test of time. Since its inception, The Ford F-Series has evolved to not only produce huge horsepower and torque, but Ford has also taken into account the growing concern of fuel economy by producing a more fuel-effecient truck.

Volkswagen Golf

Originally branded as the Rabbit when introduced in 1974, this is Volkswagen's most inexpensive model starting at $17,995. To date, 27.5 million of these four-cylinder sedans have been sold. U.S. News and World Report ranked it No. 6 on the list of affordable compact cars. It is also available with a diesel engine. The Golf is also known as a car which is quick and fun. Its small wheel base, and great handling have made it a wonderful car to drive.

Volkswagen Beetle

The "Bug" hit the scene in 1933 with very little change to its design, and has been a well-loved car for decades, selling more than 23 million. Walt Disnsey further idolized the car by producing the movie "The Love Bug" in 1968. The Volkwagen Beetle has had global success selling all over the world. Volkswagen re-introduced a newer, sleeker model in the 1990s, and it quickly became a favorite for a new generation. Base price is just under $20,000, with a turbo model running about $10,000 more. It continues to remain one of the most recognizable cars in the world.

Ford Escort

More than 20 million Escorts have been sold since 1968, despite it being taken off the production line in 2000. To compete with Japanese cars which were dominating the compact-car scene, Ford introduced the Escort in a two-door hatchback or four-door wagon models. After several design tweaks to the engine and body, the Escort was considered by the mid-1990s to be a solid compact car for the price (base under $12,000). Its successor is the Ford Focus. The Focus is now one of Ford's global names. It is sold the all over the world as car buyers look for more fuel economy, as gas prices continue the rise.

Conclusion

The auto industry has produced millions of cars and hundreds of different models in its more than 100-year history. Year after year, consumers wants and needs in a car has changed along with the economy. With the increasing price of gas, consumers continue to buy economical, reliable vehicles.
Related Articles
  1. Economics

    What is a Complement?

    A good or service that’s used in conjunction with another good or service is a complement.
  2. Retirement

    Ipsy Review: Is It Worth It?

    Discover the history of ipsy, how much packages cost, options available for membership, major competition and what the future looks like for the company.
  3. Stock Analysis

    The Biggest Risks of Investing in Johnson & Johnson Stock (JNJ)

    Learn the largest risks to investing in Johnson & Johnson through fundamental analysis and other potential risks. Also discover how JNJ compares to its peers.
  4. Budgeting

    Craft Coffee Review: Is It Worth It?

    Learn more about one of the first and most flexible specialty-grade coffee subscription services on the market, a perfect fit for any coffee lover.
  5. Home & Auto

    What If They Can't Fix Your VW? (VLKAY)

    The latest news is that VW may not be able to fix the pollution controls to make those doctored cars meet U.S. environmental standards. Now what?
  6. Budgeting

    Plated Review, Is It Worth It?

    Take a closer look at the ready-to-cook meal service, Plated, and learn how the company can help you take the hassle out of home cooking.
  7. Stock Analysis

    Volkswagen: A Value Play for 2016? (VOW.DE)

    Understand why Volkswagen could be a good value play for 2016 depending on your outlook regarding the company's current EPA imbroglio.
  8. Saving and Spending

    Why the Classic Car Boom Might Be Ready to Bust

    The collectible car market has grown spectacularly, but recent numbers show that it may be heading for a correction.
  9. Investing

    Barbie's Body Wasn't the Problem (opinion)

    Barbie's body type wasn't what killed sales, argues Angela Travillian. Other factors were at play.
  10. Stock Analysis

    Financing iPhones: The Next Apple Move (AAPL)

    Look at how Apple's plan to finance the purchase of new unlocked iPhones will impact choices of carriers as well as profits for both Apple and the carriers.
Hot Definitions
  1. Super Bowl Indicator

    An indicator based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in ...
  2. Flight To Quality

    The action of investors moving their capital away from riskier investments to the safest possible investment vehicles. This ...
  3. Discouraged Worker

    A person who is eligible for employment and is able to work, but is currently unemployed and has not attempted to find employment ...
  4. Ponzimonium

    After Bernard Madoff's $65 billion Ponzi scheme was revealed, many new (smaller-scale) Ponzi schemers became exposed. Ponzimonium ...
  5. Quarterly Earnings Report

    A quarterly filing made by public companies to report their performance. Included in earnings reports are items such as net ...
Trading Center