In this article, you will learn the top 10 biggest automobile companies in the world producing the best cars you will find around you.
The automotive industry is a crucial part of the global economy, producing vehicles that efficiently transport people and goods within nations and across entire regions. These companies manufacture cars, trucks, vans, and sport utility vehicles (SUVs). Some even produce motorcycles, all-terrain vehicles, and commercial vehicles like transport trucks and buses.
The biggest automobile companies in the world have a large global footprint, selling vehicles to consumers and businesses worldwide. These big companies are mainly headquartered in just a few countries that lead the industry; however, the list of the 10 biggest also includes car companies from other countries.
Read also: Top 22 Indebted Companies in the World
This list of the biggest automobile companies in the world is limited to publicly traded companies in the U.S. or Canada, either directly or through ADRs.
Table of Contents
10 Biggest Automobile Companies in the World.
10. BYD Co. Ltd. (BYDDY)
Revenue (TTM): $51.37 billion
Net Income (TTM): $1.48 billion
Market Cap: $74.7 billion
1 Year Return (TTM): -18.0%
BYD Co. Ltd. is a Chinese multinational corporation that specializes in the design, development, and manufacture of a wide range of products, including electric vehicles, batteries, solar panels, and other renewable energy products. The company is headquartered in Shenzhen, China and has operations in more than 50 countries around the world. BYD is known for its leadership in the electric vehicle industry and has a strong presence in both the passenger car and commercial vehicle markets. In addition to its core businesses, BYD also has a significant presence in the renewable energy sector and is a leading supplier of solar panels and energy storage systems.
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9. Nissan Motors (NSANY)
Revenue (TTM): $73.73 billion
Net Income (TTM): $0.9 billion
Market Cap: $12.7 billion
1 Year Return (TTM): -33.4%
Nissan is a Japan-based multinational automotive company. It designs and manufactures passenger vehicles, forklifts, marine equipment, and related parts. Vehicle models include the Altima, Maxima, Sentra, Versa, Pathfinder, Rogue, Titan, and its LEAF electric car. The company’s luxury division is Infiniti. The company also offers financing and leasing services.
8. Tesla Motors (TSLA)
Revenue (TTM): $74.86 billion
Net Income (TTM): $11.19 billion
Market Cap: $435.0 billion
1 Year Return (TTM): -54.1%
Tesla is a manufacturer of electric vehicles and clean energy solutions. Tesla manufactures four electric models, the Model 3, Model Y, Model S, and Model X. Each model is capable of speeds of more than 135 miles per hour and can accelerate from 0-60 in less than 4.8 seconds. They all have a range of more than 320 miles and generate more than 346 horsepower. Tesla provides financing for retail customers.
7. Honda Motor Co. Ltd. (HMC)
Revenue (TTM): $126.17 billion
Net Income (TTM): $5.29 billion
Market Cap: $39.8 billion
1 Year Return (TTM): -11.1%
Honda is a Japan-based multinational automobile company. It manufactures passenger cars, trucks, vans, all-terrain vehicles, motorcycles, and related parts. Vehicle models include the Civic, Accord, Insight Hybrid, Passport, Odyssey, Fit and more. Acura is the company’s luxury car division. The company also provides financial and insurance services.
6. General Motors (GM)
Revenue (TTM): $147.21 billion
Net Income (TTM): $9.68 billion
Market Cap: $50.0 billion
1 Year Return (TTM): -34.6%
General Motors (GM) is a multinational automobile manufacturer. The company designs and manufactures cars, trucks, and automobile parts. It has been a leader in the development of electric cars, first with the Chevy Volt and its successor, the Chevy Bolt. It operates under four major vehicle brands: GMC, Chevrolet, Cadillac, and Buick. The company also offers automotive financing.