5 Most Profitable Car Companies in the World

2. BMW Group

Net Profit in 2022: $19.3 billion

Revenue in 2022: $153.44 billion

Profit to Revenue Ratio: 12.6%

One of the most successful car companies of all time, The BMW Group reportedly sold over 2.4 million vehicles globally in 2022.. The German manufacturer employs over 118,000 people worldwide and was actually founded in 1916 as a manufacturer of car engines, which it produced from 1917 to 1918 and then again from 1933 to 1945.  

BMW Group has highlighted its electric vehicles sales for Q1 of 2023, with fully electric vehicles sales up by 112.3% to 55,979 units and battery electric vehicles sales of 64,647 units, an increase of 83.2%. However, the car manufacturer reported a 0.4% YoY drop in its total sales during the period.