The automobile industry is flourishing in the business world leveraging the growth of the economy and technology. The automobile industry plays a crucial role in the economy as the revenue generated by this industry is huge. Above all, we all know that this industry employs a large number of people. The demand and sale of cars are increasing because it makes travelling convenient and faster. We bring you a list of top 10 automobile companies in the world. The dynamics of the automobile industry changed when the world was introduced to electric vehicles. Nowadays, cars are available in different sizes, price ranges, and design models, providing customers with lots of options to choose from.
Here are the top 10 automobile companies in the world that are leading the automobile industry:
1. BMW GROUP
- Year of Foundation: 1916
- Country: Germany
Incorporated in 1916, BMW is an abbreviation for Bayerische Motoren Werke. Headquartered in Munich, Germany, the company has over 30 production and assembly facilities in different parts of the world. Continuing the tradition of exceptional innovation, BMW is well appreciated for its quality and performance.
BMW was the first company to design an aircraft engine with aluminium pistons in 1917. BMW group leads the premium automobile industry with its renowned brands like BMW, MINI and Rolls-Royce. BMW Group is one of the top 10 automobile companies in the world.
2. FORD MOTORS
- Year of Foundation: 1903
- Country: United States
A leading automotive company, Ford Motors is among the top 10 automotive companies in the world. Ford Motors is founded by the very famous American Industrialist Henry Ford in 1903. Ford is known for its affordable, simplistic yet unique and durable cars and vehicles.
In the year 2021, Ford launched its F-series Electrica Truck with the advantages of electrification and technology. Apart from this, the company launched EcoSport, Focus Electric, and Fiesta to level up the travelling experience of consumers. Ford is one of the top 10 automobile companies in the world.
3. GENERAL MOTORS
- Year of Foundation: 1908
- Country: United States
With more than 100 years in the automotive industry, General Motors rose among the top car brands in the world. The most renowned car brands owned by General Motors are Buick, Wuling, GMC, and Cadillac. General Motors is the first to develop the airbags and the system of an electric starter in the cars. The most popular car models of the company are Chevrolet Silverado, GMC Sierra, Chevrolet Traverse, and Buick Encore. General motors is one of the top 10 automobile companies in the world.
4. HONDA
- Year of Foundation: 1948
- Country: Japan
A Japanese engineer and industrialist, Soichiro Honda laid the foundation of the company in 1948. Headquartered in Minato City, Tokyo, Honda marked its presence across the globe. The safety of the customers is the utmost priority of the company. Honda cars are widely popular in India. It is considered the Poster car of India. Its fuel efficiency, safety measures, and powerful engines are what make it a brand of excellence.
Honda offers cars of high quality that are affordable and durable in nature. The most iconic Honda car models are Honda Civic, Honda Accord, Honda Passport, Honda Odyssey and Honda HR-V among others. Honda is one of the top 10 automobile companies in the world.
5. HYUNDAI
- Year of Foundation: 1967
- Country: South Korea
Incepted in 1967, Hyundai is headquartered in Seoul, South Korea. Known for its stylish interiors and loaded with innovative technology, Hyundai has a reputation for producing high-quality cars. The engines infused in Hyundai cars are refined, reliable and efficient.
The company provides the engine with alternative fuel usage. Whether it is CNG, petrol, or diesel, the engine of Hyundai cars supports all kinds of fuels. The most popular car models of Hyundai are Santa Fe, Tucson, Grand Starex, Accent, Avante Elantra and Terracan. Hundai is one of the top 10 automobile companies in the world.
6. MERCEDES-BENZ
- Year of Foundation:1998
- Country: Germany
Daimler is a Japanese car company that has its headquarters in Stuttgart, Japan. The company engages in car, truck, and van production. In the year 1998, Daimler merged with Mercedes Benz to excel in the automotive market. Mercedes Benz is well known for its luxury and premium quality cars.
Daimler is one of the biggest manufacturers of luxury and premium vehicles. The combination of comfort and technology gives it the reputation of a premium car which is rich in features. Daimler produces cars for the most reputed car brands such as Mercedes Benz, Western Star, FUSO and others. Diamler is one of the top 10 automobile companies in the world.
7. NISSAN MOTORS
- Year of Foundation: 1933
- Country: Japan
The Japanese automaker company was founded in 1933 by Yoshisuke Aikawa. The company manufactured automotive vehicles ranging from trucks, cars, bikes and buses. The reliability, safety and design of Nissan cars make it among the most popular car brands and position the company among the automotive industry leaders.
Nissan is one of the largest manufacturers of electric vehicles. The company launched its fully electric car, Nissan LEAF, which is the world’s top-selling electric car in history. X-Trail, Navara, GT-R, Micra, and Qashqai are among the most popular car models of Nissan Motors. Nissan motors is one of the top 10 automobile companies in the world.
8. SAIC MOTOR
- Year of Foundation: 1997
- Country: China
SAIC Motor is one of the leading automobile manufacturers hailing from China. It is among the few automobile companies that are listed on China’s A-share market. SAIC Motor is engaged in various auto services that include R&D, production and sales of auto parts along with providing auto-related services such as logistics, eCommerce and other mobility services.
SAIC Motor has also indulged in new energy vehicles which run with the help of batteries, electricity and power electronics. SAIC Motor is also enlisted in Fortune 500 and successfully manages to stay in the top 4 automobile companies in China. Saic motors is one of the top 10 automobile companies in the world.
9. TOYOTA MOTORS
- Year of Foundation:1937
- Country: Japan
Toyota is the biggest and number 1 car company in the world. Kiichiro Toyoda, a Japanese inventor and industrialist laid the foundation of Toyota Motors in 1937. Starting its manufacturing in Japan, Toyota now has a presence across the globe and is the largest automobile manufacturer in the world.
Toyota has a reputation for its unique innovation and best-in-class quality. It ensures safety with its “Integrated Safety Management Concept”. It is an initiative taken by Toyota Motors to improve traffic safety. Toyota Fortuner, Innova Crysta, Camry, Glanza and Urban Crusier are among the top-selling models of Toyota Motors. In the year 2021-22, Toyota outperformed all companies and became the best car company to sell the most number of cars. Toyota is one of the top 10 automobile companies in the world.
10. VOLKSWAGEN
- Year of Foundation:1937
- Country: Germany
Headquartered in Wolfsburg, Volkswagen is among the largest automobile companies in the world. The company manufactures a variety of vehicles ranging from passenger cars to light commercial vehicles.
Known for its solid quality and elegant looks, Volkswagen maintained its quality standards to ensure passengers’ safety and security. The Volkswagen group works with the aim of “Moving people and driving them forward”. It produces vehicles in more than 150 countries for customers. Volkswagen sets the record for selling the most cars in 2018. One of the biggest car companies such as Audi, SEAT, and Skoda is owned by the Volkswagen Group. Volkswagen is one of the top 10 automobile companies in the world.
Frequently Asked Questions:
1. Which automobile company is the world’s No 1?
Toyota from Japan is the No. 1 automobile company in the world.
2. Which is the best car in the world in 2022?
Lamborghini Sian Roadster is the best car in the world. It’s the first open-top hybrid Lamborghini super sports car.
3. Which are the Indian top 10 automobile companies?
- Tata Motors
- Maruti Suzuki India
- Mahindra & Mahindra
- Hero MotoCorp
- Bajaj Auto
- Ashok Leyland
- TVS Motor
- Eicher Motors
- Force Motors
- SML ISUZU Ltd
4. Which is the best automobile company in India?
Tata Motors is the leading automobile company in India and is the first choice of almost every Indian.
5. Which are the 4 largest automobile companies in the world?
The four largest automobile companies are:
- Toyota (Japan)
- Volkswagen (Germany)
- Ford Motor (United States)
- Daimler (Germany)
6. Which are the top 10 automobile companies in the world?
Below is the list of top 10 automobile companies in the world
- TOYOTA MOTORS
- VOLKSWAGEN
- DAIMLER
- FORD MOTORS
- HONDA
- GENERAL MOTORS
- BMW GROUP
- SAIC MOTOR
- HYUNDAI
- NISSAN MOTORS
Read the above article to know more about these companies.
*The names have been arranged in an alphabetical order and it is not a ranking.*
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