In this article we are going to list the 5 biggest car companies by sales. For a detailed coverage of this topic and a more comprehensive list please take a look at the 16 biggest car companies by sales.
5. Ford Motor Company (NYSE:F)
Total TTM revenue of the company (in million): 151,736
Ford Motor Company (NYSE:F) is the biggest automobile manufacturer in one of the biggest automobile producers in the world in the U.S. Ford Motor Company (NYSE:F) is the oldest company in our list of the biggest car companies by sales, and perhaps the most influential. In addition to its presence in the U.S., Ford Motor Company (NYSE:F) also has joint ventures in various countries including China, Taiwan, Thailand and Turkey. Known for introducing assembly lines and specialization, Ford Motor Company (NYSE:F) has been extremely influential in the automotive industry.
4. Mercedes-Benz
Total TTM revenue of the company (in million): 153,292
One of the older car manufacturers in the world, Mercedes-Benz is the largest car company in Europe. The German automaker is known for its luxurious vehicles which are considered to be the definition of class and prestige. The company also produces special, limited vehicles in partnership with other brands which cost a small fortune to purchase.
3. Stellantis N.V. (NYSE:STLA)
Total TTM revenue of the company (in million): 175,048
Stellantis N.V. (NYSE:STLA) was formed in 2021 as a result of a merger between Fiat Chrysler Automobiles and PSA Group. Stellantis N.V. (NYSE:STLA) has close to 300,000 employees globally and some of its biggest brands include Chrysler, Dodge, Jeep, Maserati, Alfa Romeo and Peugeot.
2. Toyota Motor Corporation (NYSE:TM)
Total TTM revenue of the company (in million): 252,956
The top two companies in our lost absolutely blow everyone else out of the water, with revenue almost $100 billion higher than the third placed company. The largest car company in Japan and Asia, Toyota Motor Corporation (NYSE:TM) manufactures more than 10 million vehicles annually, and produces the most popular hybrid vehicle in the world in the Toyota Prius. After World War II, Toyota Motor Corporation (NYSE:TM) worked with the U.S. to learn techniques and technology in vehicle manufacturing, which resulted in it becoming the largest car company in the world, before being overtaken by Volkswagen. Toyota Motor Corporation (NYSE:TM) also produced the best-selling vehicle in history, the Toyota Corolla, which sold more than 50 million units till 2021, almost 30 million more than the second placed vehicle.
1. Volkswagen
Total TTM revenue of the company (in million): 283,387
Easily topping the list of the 16 biggest car companies by revenue is Volkswagen, which is also the biggest car company in the world in terms of number of vehicles produced, and has been for several years. The biggest market for Volkswagen is China, which accounts for 40% of the company’s sales or close to $120 million.
Volkswagen was initially established by the Nazi Party in the 1930s as Adolf Hitler’s vision of providing affordable cars to the Germans. In fact, the German city of Wolfsburg was also created to house workers of the giant car manufacturer. Some of the biggest and most prestigious brands owned by Volkswagen include Bentley, Lamborghini, Audi, Skoda and Porsche, and of course, the Volkswagen brand. The company was also responsible for one of the biggest scandals in automotive industry history where it admitted to fixing the software of more than 11 million cars to deceive emissions testing. The resulting fines, penalties, and lawsuit settlements saw the company paying more than $30 billion in total.
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