15 Fastest Growing Automotive Brands in the World

4. Ferrari N.V. (NYSE:RACE)

Compound Annual Growth Rate from 2018 to 2023: 11.76%

Ferrari N.V., renowned for its luxury performance sports cars, operates globally through its subsidiaries, specializing in the design, engineering, production, and sale of high-end vehicles. In 2023, Ferrari reported revenue of $6.4 billion, a significant increase from $3.67 billion in 2018.