Car enthusiasts will be very interested to know about which car manufacturers dominate the industry. Do note that there are just a handful of car makers headquartered in the different parts of the world. It should be very interesting to know which one tops the list and how the others fair against each other. Dig into this list of biggest car manufacturers in the world to know the facts.
10. The Chrysler Group
Total Revenue: $66 Billion
Established in 1925, Chrysler Corporation is an American automobile manufacturer founded by Walter Chrysler. Although it is the smallest of the Big Three automakers of the US, it managed to sell almost 2 million vehicles in 2013, which is the reason why it made it on this list. Chrysler is the company behind the Ram, Dodge, and Jeep.
9. Honda
Total Revenue: $91 Billion
Honda is a Japanese multinational corporation that doesn’t just manufacture automobiles but motorcycles and power equipment as well. From its lowly roots as a motorcycle manufacturer in 1959, it successfully ventured into the automobile market and became the second largest Japanese car maker by 2001. Honda was also the first company to release a dedicated Japanese luxury car brand, the Acura.
8. Bayerische Motoren Werke AG
Total Revenue: $106 Billion
If the German name confuses you, then maybe we should just call this company BMW. Founded in Munich in 1916, BMW is also producing motorcycles now, on top of its very famous automobiles. If the US has a Big Three, German car manufacturers have something like it too. BMW is clearly one of them. This automobile company creates one of the best-selling luxury vehicles in the world.
7. Fiat
Total Revenue: $116 Billion
Fiat is an Italian car manufacturer that was established as a Netherlands-based company but is keeping a global headquarters in London. With that aside, Fiat has long merged with Chrysler. However, the company’s executive manager and shareholders stayed. Its worldwide engineering facilities have remained where they’re at as well. Fiat created the very famous car brand Ferrari, as well as the Maserati.
6. Nissan
Total Revenue: $125 Billion
Nissan is another Japanese multinational company headquartered in Yokohama. It was established in 1933 by five Japanese businessmen. In 1999, they started a business partnership with Renault. On its own, Nissan is ranked as the sixth biggest car manufacturer. But when the assets of Renault were combined to its revenues, their standing will go up to 4th place. Aside from the Nissan-branded cars, this company is also the maker of Infiniti and Datsun.
5. Ford
Total Revenue: $146 Billion
Ford is the other company that comprises the US Big Three. Established in Detrior by Henry Ford in 1903, this car company manufactures both commercial vehicles and luxury cars. Throughout its reign, it managed to acquire stakes from other car companies like Mazda, Aston Martin, and China’s Jiangling, among others. Ford is quite known for its many entry-level luxury cars. And those well-made cars are exactly the ones that placed them in their current position today.
4. General Motors
Total Revenue: $155 Billion
General Motors is the car company that completes the US Big Three. Simply referred to as GM, this company that was established in 1908 went on to do business in over 120 countries. It became the top American car manufacturer for 77 consecutive years. It is the company behind successful car brands such as the Hummer, Pontiac, and Saturn.
3. Daimler
Total Revenue: $162 Billion
Daimler is a German car company with its main headquarters in Stuggart. The company was established in 1926 and it has continued to make waves in the automobile industry since then. Now known as Daimler AG, they used to be called Daimler-Benz and DaimlerChrysler. Needless to say, they were the ones that created the foremost luxury car brand, Mercedes-Benz.
2. Toyota
Total Revenue: $210 Billion
Of all the car manufacturers that figured in this list, Toyota is one that is fastest growing. Although ranked number two right now, it is very close to toppling the number one car company in this list. Production wise, Toyota is the biggest car manufacturer in the world. As a matter of fact, it is the 12th largest company in the world. The company was established by Japanese businessman Kiichiro Toyoda in 1937.
1. Volkswagen
Total Revenue: $270 Billion
The largest car manufacturer is Germany is Volkswagen. Currently, it is also considered as the biggest one in the whole world. Headquartered in Lower Saxony, this company was established in 1937. Much of Volkswagen’s current success in the automobile market has a lot to do with the good number of best-selling cars that it has released throughout its reign. Volkswagen is still referred to as the People’s Car. And being so, it remains to have that soft spot on people and families from around the world.
Amber is passionate about health and lifestyle and loves to write and share her knowledge. Amber has a bachelor’s degree in English Literature and she loves to travel, read and watch movies.