15 Fastest Growing Automotive Brands in the World

3. Bayerische Motoren Werke Aktiengesellschaft

Compound Annual Growth Rate from 2018 to 2023: 15.14%

Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW), a German multinational renowned for its premium vehicles and motorcycles, operates under the brands BMW, Mini, and Rolls-Royce. In 2023, BMW reported revenue of $170 billion, a substantial increase from $84.01 billion in 2018.