5 Most Profitable Car Companies in the World

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In this article, we are going to discuss the 5 most profitable car companies in the world. If you want our detailed analysis of the statistics and economic impact of the automobile manufacturing sector, effects of the Covid-19 pandemic, impact of the global semiconductor chip shortage on vehicle manufacturing and the future outlook of the sector, head to 15 Most Profitable Car Companies in the World

5. Stellantis N.V. (NYSE:STLA)

Net Profit in 2022: $18.07 billion

Revenue in 2022: $193.2 billion

Profit to Revenue Ratio: 9.4%

Born out of the January 2021 merger between Fiat Chrysler Automobiles and PSA group, Stellantis N.V. (NYSE:STLA) has emerged as a strong competitor in the electric vehicle market. 

Stellantis N.V. (NYSE:STLA) comprises 14 brand names, including Fiat and Jeep, many of which are venturing into the EV market. CEO Carlos Tavares has announced plans to build 5 battery plants as part of the company’s strategy to invest $30 billion in electric vehicles by 2025. 

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