In this article, we will discuss the 5 biggest European car companies. If you want to read our analysis of the European automobile industry, you can go to 15 Biggest European Car Companies.
5. Ferrari N.V. (NYSE:RACE)
Market Cap as of November 15: $39.19 Billion
Ferrari N.V. (NYSE:RACE) is an Italian luxury sports car manufacturer based in Maranello, Italy. There are several competitive advantages that Ferrari N.V. (NYSE:RACE) has over its competitors. One is that the company has a long and successful history in the automotive industry. This gives it a strong reputation and brand recognition. Additionally, Ferrari N.V. (NYSE:RACE) is a luxury car manufacturer, and its vehicles are known for their high quality and performance. This allows the company to charge premium prices for its cars. Finally, Ferrari N.V. (NYSE:RACE) has a very strong motorsport program, which gives it a great deal of exposure and helps to promote its brand. Ferrari N.V. (NYSE:RACE) is among the biggest car companies in Europe and has a market cap of $39.19 billion, as of November 15.
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4. Stellantis N.V. (NYSE:STLA)
Market Cap as of November 15: $47.81 Billion
Stellantis N.V. (NYSE:STLA) is a global automotive company with a portfolio of some of the world’s most recognizable brands, including Chrysler, Fiat, Jeep, and Ram. The company has a long history of leadership that dates back to 1899 and a strong presence in Europe, North America, and South America. The company’s operations span 30 countries around the world and, as of November 15, Stellantis N.V. (NYSE:STLA) has a market cap of $47.81 billion. Stellantis N.V. (NYSE:STLA) is ranked among the biggest European car companies in the world.
In addition to having an impressive portfolio of vehicles, including some of the most iconic and best-selling cars in history, Stellantis N.V. (NYSE:STLA) is also at the forefront of new technologies, including electric and autonomous vehicles. Moreover, the company has a strong cash position and has free cash flows of EUR 13.34 billion.
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3. Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY)
Market Cap as of November 15: $57.38 Billion
Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY), commonly referred to as BMW, is a German multinational corporation that produces luxury vehicles and motorcycles. Some of the company’s iconic brands include BMW, MINI, and Rolls-Royce. Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY) is among the biggest European car companies and is worth $57.38 billion on the open market, as of November 15. Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY) was founded in 1916 and as of 2022, employs over 100,000 individuals.
On November 3, Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY) reported earnings for the third quarter of 2022. The company reported earnings per share of EUR 4.25 and generated a revenue of EUR 37.18 billion, up 35.3% year over year. The company reportedly delivered 0.58 million vehicles to consumers in the third quarter of 2022.
On October 19, Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY) announced a $1.7 billion investment in the company’s U.S. operations to build electric vehicles. The company has free cash flows of $12.89 billion.
2. Mercedes-Benz Group AG (OTC:MBGYY)
Market Cap as of November 15: $70.36 Billion
Mercedes-Benz Group AG (OTC:MBGYY) is a leading global automobile company that primarily develops, manufactures, and sells luxury passenger cars. The company’s prominent brands include Mercedes-Benz, Mercedes-AMG, and Mercedes-Maybach among others. As of November 15, Mercedes-Benz Group AG (OTC:MBGYY) has a market cap of $70.36 billion and is one of the biggest car companies in Europe.
On October 26, Mercedes-Benz Group AG (OTC:MBGYY) posted earnings for the third quarter of fiscal 2022. The company reported an EPS of $3.68 and beat estimates by $0.59. The company generated a revenue of $38.02 billion for the quarter and outperformed expectations by $1.61 billion.
Mercedes-Benz Group AG (OTC:MBGYY) is one of the world’s leading automotive companies with a strong presence in both the passenger car and commercial vehicle segments. The company has a long history of innovation and has been a pioneer in many technological advancements in the automotive industry. This, combined with its strong financial position and global reach, gives Mercedes-Benz Group AG (OTC:MBGYY) a significant competitive advantage over its rivals.
1. Volkswagen AG (OTC:VWAGY)
Market Cap as of November 15: $97.10 Billion
Headquartered in Wolfsburg, Germany, Volkswagen AG (OTC:VWAGY) is one of the world’s leading automobile manufacturers and among the largest carmakers in Europe. The company develops, manufactures, and markets passenger cars and commercial vehicles under Volkswagen, Audi, Bentley, Lamborghini, and Porsche among other brands. The company was founded in 1937 and employs roughly 646,000 individuals. As of November 15, Volkswagen AG (OTC:VWAGY) is worth $97.10 billion on the open market and is ranked among the biggest European car companies.
On October 28, Volkswagen AG (OTC:VWAGY) announced earnings for the fiscal third quarter of 2022. The company reported a GAAP EPS of EUR 3.90 and generated a revenue of EUR 70.71 billion, up 24.2% year over year. For the third quarter, Volkswagen AG (OTC:VWAGY) produced and sold roughly 2.23 million vehicles. Volkswagen AG (OTC:VWAGY) is profitable and cash rich. The company has a trailing twelve-month operating margin of 8.83% and free cash flows of EUR 17.26 billion.
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