The automobile companies has been going strong for more than two centuries, but it remains one of the difficult areas for newcomers to break into. Automobiles has improved the comfort of humanity at large by making transportation easier for man. Automobile industries have equally contributed significantly to the development of the world’s economy by creating new job opportunities. On the other hand, it also plays an important role in the market because this industry has a lot of taxes and earnings with a big foreign exchange. Several automobile manufacturing companies in the world manufacture vehicles in a large quantity to gain higher revenues.
In 2010, Tesla (ticker: TSLA) became the first U.S. car company to go public since Ford Motor Co. (F) in 1956. Although it hasn’t proven an ability to remain consistently profitable, investors are valuing the electric car maker as one of the 10 most valuable car companies in the world. With the U.S.-China trade war disproportionately hurting the global automobile industry in 2019.
In this Article we are going to look at 10 best Automobile leading Companies in the world by market capitalization.
10 Best Automobile Companies
- General Motors
- Honda Motors
- Ford Motor
- Nissan Motor
- Tesla, Icn.
- Fiat Chrysler
Toyota Motor Corporation is the biggest automaker of the on the planet. It is a Japanese multinational firm having a global presence. The company headquarter is located in Aichi, Japan. They has grown to become the world’s fifth largest firm in terms of revenue generation. Toyota motor operates through more than 50 overseas manufacturing plants spread over 30 countries and regions of the world. This covers all the broad regions of the world including North America, Latin America, Africa, Asia-Oceania and Europe.
The company has reached its 75 years since establishment. To celebrate its 75th anniversary, the company has compiled 75 Years of Toyota. In the financial year 2017-18, the company gained a total revenue of 6.4% from the previous year. The company’s total sales stood at approx. 9 million vehicles worldwide generating a revenue of 29,000+ billion yen. Toyota Motors has a commitment towards innovations which help them towards a high performance in Motor-Sports. They also takes initiatives to involve the customers towards the future they dream of. the company shows commitment to safety by Introducing the “Integrated Safety Management Concept”. Through this the company supports the driver in each stage of driving (Parking, Active Safety, Pre-Collision Safety, Passive Safety and Rescue) by integrating each system.
2. BMW Motor
Bayerische Motoren Werke Group (BMW) is one of the leading manufacturers of premium automobiles and motorcycles and one of the top car brands in the world.
Besides, the company also acts as the provider of premium financial and mobility services. The company trace back its inception in the year 1916 with its current headquarter in Munich, Germany and it has evolved itself as a truly global company with as many as 30+ production and assembly facilities in many countries and a global sales network.
The company’s total employee strength is 120,000+ out of which around 90 percent of the employees are in automobile segment. BMW major models includes BMWi which is electric vehicles leading the way in alternative drive trains, lightweight design and aerodynamics, BMW M which is a pioneer in authentic motor-racing functionality with exclusive, sporty aesthetic appeal, Mini, Mini John Cooper Works, Rolls-Royce Motor Cars which is a very popular premium segment automobile and Motorrad, the motorcycle brand.
Volkswagen Group is the second largest manufacturer of the world with its headquarter in Wolfsburg, Lower Saxony, Germany. The group consists of two divisions: the automotive divisions and the financial services divisions. The automotive divisions further comprise of the passenger cars, the commercial vehicles and the Power engineering business areas. The vision of The Volkswagen passenger cars is “Moving people and driving them forward”.
In the year 2017, the company achieved a new record by delivering 1.07 crores vehicles worldwide. With its employee strength of around 6,42,300 the group is one of the largest employers in private sector and one of the top car brands across the globe. In the previous fiscal year, the sales revenue of the firm stood at 230.7 billion euro which is an increase by 6.2% year-on-year.
Daimler AG is one of the world’s biggest producer and supplier of premium cars and commercial vehicles all around the world. The company has strong presence through Mercedes-Benz passenger vehicles, Daimler Trucks, Vans, Buses and Financial Services the company has its global presence in multiple domains.
The company, Mercedes-Benz is also a specialist in all-terrain four wheel drive brands. In the year 2017, the company sales risen to 3.3 million altogether with Mercedes Benz accounting for 2.4 million of them which is more than ever before. The company recorded a revenue of 163.4 billion euros, again showing a jump of 7 percent as compared to the previous year. China has been one of the core reason for this remarkable performance by the group which saw a 28 percent rise in the sale of Mercedes-Benz. The company also performed exceedingly well in electric cars segment as 136,000 electric smart models were sold worldwide.
General Motors is a global automotive company established in the year 1908. With its global headquarter at Detroit, USA, General Motor operates in five continents across many countries. With an employee strength of 180,000 from 70+ nationalities, the company features a very diverse and dedicated team. General Motors functions with eight renowned distinctive brands across the world which incorporates , Buick, GMC, Cadillac, Holden, Baojun, Wuling, and Jiefang.
The company offers vehicles starting from electric cars to heavy-duty full-sized trucks which talks volume about the firm’s global reach. They has shown an interesting performance the previous year. In 2017, they delivered 9 million vehicles globally through its dealers which counts to over 12,450 selling vehicles in 125 different countries. General Motors is additionally getting to open five new manufacturing facilities in China by this year end. This to support sales of nearly 5 million vehicles annually.
Honda Motor Company is a Japanese multinational automotive and motorcycle company with its presence all around the globe. The company deals in automobiles, aircraft, motorcycles, and power equipment and even boasts about running of Honda equipment or vehicles in all seven different continents including Antarctica. The company was incorporated in 1948 by Soichiro Honda and is headquartered at Tokyo, Japan. Honda is the sixth largest automobile manufacturer in the world behind Toyota, Volkswagen Group, Daimler, General Motors and Ford Motors among Fortune 500 Global companies.
Founded in Japan in the year 1948, Honda have had a tremendous journey to being one of the leading manufacturers of the world. From opening of its first U.S. outlet in in 1950s, the company quickly grew fast to become a global brand. Honda Motor became the first car company from Japan to be a net exporter from the United States, exporting 100,000+ Honda and Acura models, while importing 85000+.
7. Ford Motors
Ford Motor Company is an American multinational automaker incorporated in Delaware in the year 1919. The company started by acquiring the business of a Michigan company, also known as Ford Motor Company, which had been incorporated in 1903 to produce and sell automobiles designed and engineered by Henry Ford. With about 200,000 employees worldwide, the Company makes and services a full line of Ford cars, trucks, electric vehicles etc. Ford Motors vehicle brands includes Ford and Lincoln. In 2017, the company sold approximately 6,500,000+ vehicles at wholesale throughout the world. The company has multiple consolidated and unconsolidated Joint ventures. The consolidated Joint ventures includes Ford Lio Ho Motor Company Ltd., Ford Sollers Netherlands B.V and Ford Vietnam Limited.
Nissan Motor Corporation is a Japanese automaker having been established in the year 1933 at the Yokohama city in Japan. The company has its manufacturing facilities in as many as 20 countries worldwide. They have customers in more than 160 different nations. The company owns a diverse range of world renowned brands which operates to produce a wide variety of products. The company’s well known revolutionary products ranges from the 100% electric Nissan Leaf to the super-performer Nismo. The company is also heavily investing in a portfolio of “green” technologies which includes clean diesels, efficient internal-combustion engines and hybrid.
9. SAIC Motors.
SAIC Motor Corporation Limited is the largest Chinese automaker enlisted in the Fortune 500 Global list. The company has made to the elite list twelfth time in a row, reflecting on the company’s ever-expanding business. The company is also considered as belonging to the “Big 4” Chinese top car brands owned by the government and has its headquarter in Shanghai, China but is operating worldwide. The company’s main business includes vehicles, components, auto trade & services, and financing. SAIC Motor has been dominating the auto market in China since 2006.with its current Domestic market share stands at around 23%.
10. Fiat Chrysler
Fiat Chrysler Automobiles (FCA) is one of the leading car brands in the world. The company engaged in the designing, engineering, manufacturing and selling of vehicles and related parts and services, components and production systems. The company has its operations and customer base worldwide through 150+ state-of-the art manufacturing facilities, many R&D centers, and dealers and distributors in nearly 150 countries. In 2014, the company was formed by bringing together Fiat and Chrysler into a new holding company, Fiat Chrysler Automobiles. The company is among the top car companies in terms of revenue. The list of brands that the company works with are Alfa Romeo, Chrysler, Fiat, Jeep, Maserati etc the parts and service brand.
The above listed 10 automobile companies are the leading Autos worldwide. There are many other companies into automobile manufacturing but these the ones that has made it to the top.They are affordable and easy to maintain. They are products you can easily find around you with their spare parts found everywhere in local markets.