10 Largest Car Companies, As our world becomes more modern with time, car manufacturing companies around the globe are also growing larger and more advanced. From electric vehicles to sports cars, these major companies are producing expensive and technology-packed cars. In this context, Forbes India has released a list of the world’s 10 largest car companies based on market capitalization. Let’s find out which companies made the list.
Top 10 Largest Car Companies in the World : A Comprehensive Guide
#1 Tesla
Elon Musk’s company, Tesla, manufactures and sells electric cars worldwide. With a market cap of $737.52 billion, Tesla is the largest car company in the world.
#2 ToyotaÂ
The famous Japanese company, Toyota, is the second-largest car company globally, with a market cap of $277.96 billion. Toyota is renowned worldwide for its durability and innovation.
#3 BYD
Build Your Dreams, or BYD, is a well-known Chinese automobile company aiming to provide electric transportation to everyone. With a market cap of $92.47 billion, BYD ranks as the third-largest car company globally. Notably, this company is also launching some of its car models in Pakistan.
#4 Mercedes-Benz – Largest Car Companies
The famous German company Mercedes-Benz needs no introduction. Mercedes-Benz is a big name in the automotive world due to its luxury, craftsmanship, and technological innovations. The company has a market cap of $75.05 billion.
#5 Ferrari
Every car enthusiast dreams of owning a Ferrari at some point in their life. Ferrari is globally popular for its performance and unique technology. With a rich racing heritage and a commitment to durability, Ferrari has a market cap of $74.94 billion.
#6 Porsche
Porsche is another German brand known for its luxurious and high-performance sports cars, recognized worldwide. Porsche has a market cap of $67.88 billion.
BMW
BMW is one of the world’s most famous car brands due to its luxury, performance, and advanced features. From sporty sedans like the 3 Series to stunning SUVs, BMW has a market cap of $60.60 billion.
Volkswagen
Volkswagen is one of the largest car manufacturers in the world. The company is known for producing quality, safe, and technologically advanced cars. Volkswagen has a market cap of $59.24 billion and owns other well-known automobile brands like Bentley, Lamborghini, Audi, and Ducati.
Stellantis
Stellantis is a famous Dutch car manufacturing company. Stellantis has produced vehicles ranging from well-known American brands like Jeep and Ram to European brands like Peugeot and Citroën. Stellantis has a market cap of $58.83 billion.
General Motors
General Motors, or GM, was founded by William C. Durant on September 16, 1908. This automobile company is famous worldwide for brands like Chevrolet, GMC, Cadillac, and Buick. General Motors has a market cap of $53.54 billion.
Now Apple Users Can Unlock Their Devices with Heartbeats?
Wow the Latest TikTok Feature: In-Depth Insights on Movies
If you like this post please share on Facebook and other’s thanksÂ