5 Countries That Produce the Best Cars in the World

3. United States of America

Car Exports as of 2021: $54 billion

The United States of America is the second largest economy in the world in terms of purchasing power parity and the largest in terms of nominal GDP. Despite this, the American GDP per capita of $75,180 ranks at number eight globally. The U.S. is home to some of the oldest car companies in the world, such as Ford Motor Company (NYSE:F), which pioneered the modern day mass produced vehicle. Other iconic names are General Motors Company (NYSE:GM), Chevrolet (a GM division), and Chrysler. Additionally, America is also home to Tesla, Inc. (NASDAQ:TSLA), the world’s first mass producer of electric cars. The country exported $54 billion worth of cars in 2021, in the form of 2.4 million units.