Top 10 largest car manufacturers in the world
The automobile was invented in 1885 by the German engineer Carl Benz, the car really took the world by storm. There is hardly any other invention that has affected mankind so quickly in such a short time. Most importantly, it has completely revolutionized transportation, making traveling both short and long distances easier and faster.
Automotive today belongs to the largest industry in the world, selling millions of units a year and generating billions and billions of dollars in revenue. There are actually more cars than people in the world right now. Today, cars come in many different sizes, for different priorities, and at a wide range of prices, ranging from relatively inexpensive, middle-class cars to very expensive luxury cars. Some car models even remained best sellers for several decades. Therefore, it makes sense that the largest car companies in the world also belong to the largest companies in the world as a whole.
The following ranking lists the 10 largest car companies by revenue generated, based on the most up-to-date numbers. You may have heard of all of those companies, but may be surprised by the order in which they appear in this ranking.
Note: This ranking of the Top 10 largest auto companies looks at the largest automakers as a whole. This means that the revenue generated by the car brands belonging to one of the largest car companies will be counted as additional revenue for the parent company with the respective car brand.
Top 10 largest auto companies in the world 2020
(as of August 2020, by most recent sales in US Dollars)
10 BIGGEST CAR COMPANIES IN THE WORLD:
Revenue: $282.9 billion
Revenue: $275.4 billion
Revenue: $172.7 billion
Revenue: $155.9 billion
Revenue: $137.4 billion
Revenue: $137.2 billion
Revenue: $136.4 billion
Revenue: $127.9 billion
Revenue: $123.4 billion
Doanh thu: $92.7 billion
1. Volkswagen
Volkswagen AG
Revenue: $282.9 billion
Year of establishment: 1937
Headquartered in: Wolfsburg, Lower Saxony, Germany
Number of cars sold last year: ~ 11.0 million
Number of employees: ~ 304,000
Car brands owned by: VW, Audi, Porsche, Lamborghini, Bentley, Bugatti, SEAT, Skoda, MAN
2. Toyota
Toyota Motor Corporation
Revenue: 275.4 billion USD
Year of establishment: 1937
Headquartered in: Toyota, Aichi Prefecture, Japan
Number of cars sold last year: ~ 10.7 million
Number of employees: ~ 359,000
Car brands owned: Toyota, Lexus, Daihatsu, Ranz
3. Daimler
Daimler AG
Revenue: 172.7 billion USD
Year of establishment: 1926
Headquartered in: Stuttgart, Baden-Württemberg, Germany
Number of cars sold last year: ~ 3.3 million
Number of employees: ~298,000
Car brands owned: Mercedes-Benz, Smart, Fuso
4. Ford
Ford Motor Company
Revenue: 155.9 billion USD
Year of establishment: 1903
Headquartered in: Dearborn, Michigan, USA
Number of cars sold last year: ~ 5.4 million
Number of employees: ~ 190,000
Car brands owned: Ford, Lincoln
5. Honda
Honda Motor Company
Revenue: 137.4 billion USD
Year of establishment: 1948
Headquartered in: Tokyo, Tokyo Prefecture, Japan
Number of cars sold last year: ~ 5.3 million
Number of employees: ~215,000
Car brands owned: Honda, Acura
6. General Motors
General Motors Company
Revenue: 137.2 billion USD
Year of establishment: 1908
Headquartered in: Detroit, Michigan, USA
Number of cars sold last year: ~ 7.7 million
Number of employees: ~ 164,000
Car brands owned: Chevrolet, Cadillac, Buick, GMC
7. SAIC Motor
SAIC Motor Corporation
Revenue: 136.4 billion USD
Year of establishment: 1995
Headquartered in: Shanghai, Shanghai City, China
Number of employees sold last year: ~5.4 million
Number of employees: ~ 150,000
Car brands owned: Maxus, Roewe, Yuejin, MG
8. Fiat Chrysler Automobiles
Fiat Chrysler Automobiles NV
Revenue: 127.9 billion USD
Year of establishment : 2014 (due to merger between Fiat & Chrysler)
Headquartered in: Amsterdam, North Holland, Netherlands
Number of cars sold last year: ~ 4.4 million
Number of employees: ~ 150,000
Car brands owned: Fiat, Chrysler, Alfa Romeo, Dodge, Jeep, Lancia, Maserati, RAM
9. BMW
Bayerische Motoren Werke AG
Revenue: 123.4 billion USD
Year of establishment: 1916
Headquartered in: Munich, Bavaria, Germany
Number of cars sold last year: ~ 2.5 million
Number of employees: ~ 133,000
Car brands owned: BMW, Mini, Rolls-Royce
10. Nissan Motor Corporation
Nissan Motor Corporation
Revenue: $92.7 billion
Year of establishment: 1933
Headquarters: Yokohama, Kanagawa Prefecture, Japan
Number of cars sold last year: ~ 4.7 million
Number of employees: ~ 139,000
Car brands owned: Nissan, Datsun, Infiniti