Friday, July 26, 2019

Get to know the 10 biggest carmakers in the global market

The global automotive market continues to grow day by day as a result of the growing population and the increasing number of car users in emerging economies. By 2017, the total global automobile market will reach $1.4 trillion ($1.4 trillion), and this will increase to about $1.6 trillion ($1.65 billion). The United States by 2022 The world's top 10 automakers are also poised to respond to rapid market growth, with production reaching 100 million in the coming years. Today, We present the top 10 companies in the automotive world.

1. Toyota Motor Corporation


Toyota is known to almost every consumer worldwide because of its brand of Japanese vehicles on six continents on earth. Well-known brands that are affiliated with Toyota Motor Corporation include Toyota Direct, Lexus and Scion.

2. Volkswagen Group


German Volkswagen Group is known as the world's largest automaker, with an average of 10.7 billion vehicles a year. Of course, such large volumes are due to Volkswagen Group owning some of the world's biggest car brands, including Audi, Bugatti, Bentley, Lamborghini, Porsche, SEAT, Skoda and VW (Volkswagen).

3. Daimler AG

Daimler AG is one of the top automakers in Europe and the US. Originally from Germany, Daimler-Benz AG, it owns four car companies, three of which are top luxury cars - Mercedes-Benz, Mercedes AMG and Maybach, and one Smart.


4. BMW

BMW, originally from Munich, Germany, produced only 2.7 million vehicles in 2017, with revenue of $72 billion. The reason the German carmaker is making big money on low sales is that BMW is expensive and BMW owns one of the world's most expensive cars, Rolls-Royce. BMW's other car companies include BMW-M, BMW-I, and Mini.

5. Honda

Honda was a well-known Japanese carmaker and is an older car, founded in 1948 by Soichiro Honda and Takeo Fujisawa in Hamamatsu. In 2017, the company made $60 billion thanks to sales of its popular vehicles like the Honda Accord, CR-V, Civic, NSX, HR-V, and Jazz.

6. General Motor


General Motors, short for GM, is an American company for 110 years, known as one of the most reliable automakers in the world. GM has many well-known brands such as GMC, Buick, Cadillac, and Chevrolet.

7. Tesla Inc.

Tesla is the most famous American electric car company in the world, with many founders, but the most famous and current CEO of the company is Elon Musk, a Canadian. The company was only started in 2003, but its annual production of about 35,000 vehicles could reach $12 billion in 2017.

8. Ford

The US company owns cars such as the Fiesta, Mustang, Eco Sport, Expedition, Escape, Taurus, Focus and Everest, and its popular Pick-up is the Ford Ranger. The 115-year-old automaker has generated more than $150 billion in revenue and net profit of more than $8 billion in 2017. The company also has a luxury brand under its name, Lincoln.

9. Nissan


Nissan is a Japanese automaker headquartered in Yokohama, Japan. Every year, Nissan has averaged $41 billion, with 50 factories and more than 142,000 employees worldwide. Nissan's popular brands include Nissan, Nismo, Datsun, and Infinity.

10. Fiat Chrysler Automobiles


The Italian automaker was founded in the 18th century in 1899 by the founder Giovanni Agnelli. The company has an average annual revenue of $130 billion, with sales of its top brands in Alfa Romeo, Chrysler, Dodge, Jeep, Maserati, Fiat, Abarth, Lancia, and others. Fiat Professional.

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