In this article we are going to list the 5 biggest car companies in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 10 biggest car companies in the world by sales.
5. Ford Motor Company (NYSE:F)
Annual revenue in the latest financial year (in USD billions): 136.3
Ford Motor Company (NYSE:F) is the biggest car company in the United States by sales, where the Ford Motor Company (NYSE:F) sells cars and trucks under the Ford brand, while selling luxury vehicles under the Lincoln brand. Ford Motor Company (NYSE:F) also owns the Brazilian SUV manufacturer Troller in addition to an 8% stake in Aston Martin and a 32% stake in China’s Jiangling Motors.
4. Stellantis N.V. (NYSE:STLA)
Annual revenue in the latest financial year (in USD billions): 152.12
Stellantis N.V. (NYSE:STLA) is a Dutch multinational company which was formed in 2021 as a result of a cross-border merger between Fiat Chrysler Automobiles and PSA Group. In terms of cars sold Stellantis N.V. (NYSE:STLA) is the fifth biggest automobile company in the world. Stellantis N.V. (NYSE:STLA) owns many popular brands which include Dodge, Fiat, Professional, Jeep, Maserati, Opel, Chrysler and Alfa Romeo among numerous others.
3. Mercedes-Benz Grop
Annual revenue in the latest financial year (in USD billions): 167.9
Germany’s biggest automobile owns one of the most popular brands in the world in Mercedes-Benz, considered to be among the most luxurious car brands in the world and a symbol of opulence, class and status. The company sold more than 2.75 million units in 2021, and even though the number of units sold declined compared to 2020, revenues increased by more than $13 billion as prices increased.
2. Toyota Motor Corporation (NYSE:TM)
Annual revenue in the latest financial year (in USD billions): 222.79
Toyota Motor Corporation (NYSE:TM) is Japan’s biggest company regardless of the industry, producing over 10 million vehicles per year. Toyota Motor Corporation (NYSE:TM) took advantage of a rapidly growing Japanese economy to sell cars to the middle-class, including the Toyota Corolla, which is the best selling car of all-time. Toyota Motor Corporation (NYSE:TM) is also responsible for being a leader in hybrid electric vehicles due to the introduction of the Toyota Prius, and currently, Toyota Motor Corporation (NYSE:TM) produces vehicles under the brand names Toyota, Daihatsu, Hino and Lexus.
1. Volkswagen Group
Annual revenue in the latest financial year (in USD billions): 250.2
Topping the list of the 10 biggest car companies in the world by sales is the Volkswagen group, which has had the largest market share in Europe for over 20 years. It owns some of the most well known brands in the world, including its namesake Volkswagen but also includes Audi, Bentley, Porsche, Lamborghini, Skoda and SEAT.
The company operates in at least 150 countries and has more than 100 productions sites in 27 countries, enabling it to sell 8.3 million vehicles in 2021 alone. Volkswagen also has a major presence in China, where it has grown quickly, and now boasts China as its biggest market.
See also: 10 Most Sold Motorcycle Brands In The World and 12 Countries That Produce the Most Cars
