Among the top 10 automobile companies in the world are Toyota, Volkswagen, Mercedes Benz, etc. These companies are no doubt some of the largest manufacturers of cars, buses, vans, etc. in the global market. Apart from the fact that they are the biggest auto manufacturers, they also 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.
The automobile 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.
Top 10 Automobile Companies in the World
Below is the list of the top 10 automobile companies in the world that you can know if you care:
Tesla
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.
- Revenue (TTM): $74.86 billion
- Net Income (TTM): $11.19 billion
Toyota
Without doubt, Toyota is one of the top 10 automobile companies in the world. It is a Japan-based multinational. It was the first foreign manufacturer to build a dominant market share in the U.S. automobile market by setting the industry standard for efficiency and quality.
Its revenue totals $270.58 billion while the net income is $20.39 billion
Toyota designs and manufactures cars, trucks, minivans, and commercial vehicles. Vehicle models include the Corolla, Camry, 4Runner, Tacoma, and the Prius, the hybrid electric sedan. Lexus is the company’s luxury car division. Toyota also produces parts and accessories and provides dealers and customers with financing.
Mercedes Benz
Mercedes Benz is a Germany-based multinational automobile manufacturer. The company manufactures passenger cars, vans, off-road vehicles, and commercial vehicles like transport trucks and buses.
It produces vehicles under several brands, including Daimler, Mercedes-Benz, FUSO, Western Star, and more. Mercedes Benz also offers financing and leasing packages for customers and dealers.
- Revenue (TTM): $156.23 billion
- Net Income (TTM): $25.64 billion
Ford
Ford is a multinational automotive manufacturer based in Michigan. The company develops, manufactures, and services cars, SUVs, vans, and trucks. Vehicle models include the Fusion, Mustang, Edge, Escape, F-150, Ranger, and more. The company also provides vehicle-related financing and leasing.
- Revenue (TTM): $151.74 billion
- Net Income (TTM): $9.01 billion
BYD
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.
- Revenue (TTM): $51.37 billion
- Net Income (TTM): $1.48 billion
Honda
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.
- Revenue (TTM): $126.17 billion
- Net Income (TTM): $5.29 billion
Nissan
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.
- Revenue (TTM): $73.73 billion
- Net Income (TTM): $0.9 billion
General Motors
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.
- Revenue (TTM): $147.21 billion
- Net Income (TTM): $9.68 billion
Stellantis
Stellantis is a multinational automaker that was created in 2021 through the merger of French automaker Groupe PSA and Italian-American automaker FCA (Fiat Chrysler Automobiles).
The company is one of the top 10 automobile companies in the world, with a strong presence in Europe, North America, and South America.
Stellantis offers a wide range of vehicles, including passenger cars, trucks, vans, and SUVs, under various brands including Peugeot, Citroën, DS, Opel, Vauxhall, Jeep, Ram, Dodge, and Chrysler. The company is headquartered in Amsterdam, Netherlands.
- Revenue (TTM): $181.58 billion
- Net Income (TTM): $16.97 billion
