5 Most Profitable Car Companies in the World

3. Dongfeng Motor

Net Profit in 2022: $1.44 billion

Revenue in 2022: $13 billion 

Profit to Revenue Ratio: 11%

Dongfeng Motor Corporation is a Chinese state-owned automaker based in Wuhan. The company reportedly sold around 2.46 million vehicles in 2022, including 358,361 New Energy Vehicles. The sales target for 2023 is 3 million units, representing an approximate growth of 22%. Dongfeng Motor boasts around 141,681 employees around the globe.