The top 10 automotive companies in the world are ranked based on the revenue generated by automotive companies from global sales in US dollars.
1. Volkswagen
Revenue: $263.6 billion
Year of Establishment: 1937
Headquartered in: Wolfsburg, Lower Saxony, Germany
Cars produced last year: about 8.9 million units
Number of employees (worldwide): Approximately 307,000
It owns car brands: Volkswagen, Audi, Porsche, Lamborghini, Bentley, Bugatti, Seat, Skoda, MAN
2. Toyota
Revenue: $258.7 billion
Year of Establishment: 1937
Headquarters: Toyota City, Aichi Prefecture, Japan
Cars produced last year: about 9.5 million units
Number of employees (worldwide): approx. 366,000
It owns car brands: Toyota, Lexus, Lanz, Daihatsu, Hino
3. Mercedes-Benz
Revenue: $182.5 billion
Year of Establishment: 1926
Headquartered in Stuttgart, Baden-Württemberg, Germany
Cars produced last year: about 2.8 million units
Number of employees: approx. 288,000
Car brands: Mercedes-Benz, Smart
4. Ford
Revenue: $127.1 billion
Year founded: 1903
Headquartered: Dearborn, Michigan, USA
Last year's car production: about 4.2 million units
Number of employees: approx. 186,000
Owns car brands: Ford, Lincoln
5. Honda
Revenue: $125.2 billion
Year of Establishment: 1948
Headquarters: Tokyo, Japan
Cars produced last year: about 4.4 million units
Number of employees: approx. 211,000
Car brands: Honda, Acura
6. General Motors
Revenue: $122.5 billion
Year founded: 1908
Headquartered in: Detroit, Michigan, USA
Cars produced last year: about 6.8 million units
Number of employees: approx. 155,000
It has car brands: Chevrolet, Cadillac, Buick, GMC
7. BMW
Revenue: $117.1 billion
Year founded: 1916
Headquartered in: Munich, Bavaria, Germany
Cars produced last year: about 2.3 million units
Number of employees: approx. 133,000
It owns car brands: BMW, Mini, Rolls-Royce
8. SAIC
Revenue: $107.6 billion
Year of Establishment: 1955
Headquartered in Shanghai, China
Cars produced last year: about 5.6 million units
Number of employees: approx. 145,000
It has car brands: SAIC, Maxus, Roewe, Nanqi, MG
9. Strandis
Revenue: $104.8 billion
Year founded: 2021 (Merger of Fiat Chrysler and Peugeot)
Headquartered in Amsterdam, North Holland, Netherlands
Last year's car production: about 6.2 million units
Number of employees: Approximately 300,000
Owns car brands: Fiat, Chrysler, Peugeot, Citroen, Opel, Vauxhall, Alfa Romeo, Dodge, Jeep, Lancia, Maserati, Abate, DS Automobiles, RAM
10. Modern
Revenue: $93.2 billion
Year of Establishment: 1967
Headquarters: Seoul, South Korea
Last year's cars: about 4.9 million
Number of employees: Approximately 105,000
It owns car brands: Hyundai, Kia, Genesis, Ioniq
Top 10 automotive companies in the world in 2022
(As of February 2022, based on the latest USD revenue data)
1. Volkswagen Revenue: $263.6 billion |
2. Toyota Revenue: $258.7 billion |
3. Daimler Revenue: $182.5 billion |
4. Ford Revenue: $127.1 billion |
5. Honda Revenue: $125.2 billion |
6. General Motors Revenue: $122.5 billion |
7. BMW Revenue: $117.1 billion |
8. SAIC Revenue: $107.6 billion |
9. STELLANTIS Revenue: $104.8 billion |
10. Hyundai Revenue: $93.2 billion |