In this, we know about automobiles and know the top 10 richest car companies in the world. As we all know the first car built in 1885 by German mechanic Karl Benz but that not might be entirely true transportation vehicle has been dated between 15th century by engineer Leonardo Da Vinchi from the 15th century and 21st-century automobiles have been changed drastically and with those changes came to power and money.
The last count, there were 1.015 billion automobiles have been used in the world today that includes car trucks buses and heavy-duty trucks the last consensus it is estimated that 17.5 million vehicles are sold in each year. So in this we look at the top companies of the automobile world and learn how they got there start.
1- Toyota Motors Corp
Toyota Motors Corp with the market capitalization of 199 billion dollars. Coming at in number one is the largest automobile company in the world Toyota. It is four times largest than Tesla and has a market cap of 200 billion dollars. Toyota is founded by Kiichiro Toyoda, Toyota has more AII and stop safety paticulates and JD power vehicle than any other car manufacturer have. Toyota came to America in 1957 and they are able to invest million dollars every hour to develop and research within their company and created over 300,000 jobs in United States.
2- Volkswagen
Volkswagen with the market capitalization of 95 billion dollars. When you hear the manufacturing company Volkswagen you might think of their Bug. Volkswagen sold 10 million vehicles in 2017. Volkswagen was founded in 1937 by the German Labour Front after world war two the company was owned by the west German government. The Volkswagen was stands for People’s car which explain their slogan as well. In 1959, after the Re-branding of Volkswagen Bettle the popularity of the car is taken of in the US.
3- BMW
BMW with a market capitalization of 71.1 billion dollars. Next on this list is BMW when thinking about the luxurious car your mind automatically thinks about go for this company. Each year BMW sales increase in the year 2017 along the company sold over 2 million automobiles. These luxurious cars seem world wide but only have factories in 14 countries. The company says sustainability what drives the production of there vehicles and they are always looking towards the ecological future and sustainability of their products. BMW is founded in 1916 by a merged company of Karl. BMW stands for Bayerische Motoren Werke and the company was ahead of the car when it makes the 1st electric car in 1972.
4- Daimler
Daimler with a market capitalization of $68.50 billion. Daimler is fourth on this list the owner of Mercedes Benz all over 3 million cars worldwide each and every year. The Daimler headquarter is in Germany other brands this company manufacturer is the Smart automobile, Fuso and many more. The Daimler is the world’s largest manufacturer of trucks as well, one of their main focuses is shaping the future of mobility. The company Daimler later combined with Benz and Co. to form his well-known car Mercedes Benz. These luxury cars have been driven by leaders all over the world by the millionaire peoples.
5- Honda Motors Co.
Honda Motors Co. with the market capitalization of $57.48 billion. Honda makes popular cars everyone knows very well like Civic and many more. Even feature a block busted heads like the fast and furious franchise most Honda produces are made in the United States. In 2017, they sold over 5 million cars. Honda was established in 1949 and designed the first product called The dream a motorcycle in 1959 Honda came to the United States and start producing motor bicycles they also make watercraft and many other things. Honda’s first car was launched in the US which was Honda Accord and all 7 continents in the world have Honda equipment that is currently running.
6- General Motors
General Motors with the market capitalization of 52.68 billion dollars. General Motors have higher market capitalization then Tesla and the electric car they manufacture. The Chevrolet Bolt got the price for motor trend car in the year of 2017. General Motors was founded in 1908 by the owner of William C Durant general motors has over 12000 dealers selling in over 125 countries. GM has also a well-known brand in their portfolio like GMC, Chevrolet and Cadillac. The crashed has dummies general motors has designed the global standard for the fun crash test. GM was also the first manufacturer in North America to built a test facility just to test rollover. In 2016, Chevrolet was voted for the green car of the year.
7- Tesla
Tesla Motors with a market capitalization of 48.18 billion dollars. Elon Musk is one of the most well-known CEO when it comes to car companies. He was ranked number 21 on Forbes list of the most powerful people in 2016 with a worth of 20.8 billion dollars in 2018. The company is always looking for ways to expand and improve. One of the glamorous company Tesla was founded in 2003 was created by a group of people all engineers that wanted to make the best electric cars. The company is focused on moving away from fossil fuels. Tesla production location is in California where the vehicles are created with the year 2016 the model 3 was introduced it’s a high volume electric vehicle that isn’t expensive as other companies.
8- Ford Motors Co.
Ford Motors Co. with the market capitalization of 44.78 billion dollars. Ford is been 400 years & brand which everyone will recognize the main ford facilities. Henry Ford had a vision for the best car and his drive has been inspired corporations to many people around the years. He built his first vehicle when he was an engineer at Edison Illumination Company it was called the “Quarter Cycle”. Ford is the second-largest manufacturer in the United States and it is also the second-largest family own company in the world. The Ford Mustang was introduced in 1964 and almost 100,000 toy versions of the car were purchased for the children in that year. The Ford F series has been ranked the number one car sold in America for many years.
9- Nissan
Nissan with the market capitalization of 38.92 billion dollars. December 26 1933 a company known as Nissan founded its way into the market name Nissan Group. The company was born as a result of a slow merging of auto-makers the entire process actually begins in 1914 during the second world war and like most automobile manufacturers Nissan was to switch its primary focus from everyday use vehicles to those used for war. This included engines for air crafts and both as well as for army vehicles. Later the company with benefit from the war creations and expand the company adding a department for independent chip building and department for engine building. In 2010, Nissan produce the first car to run by electricity & in 2016 Nissan was responsible for 2,75,000 all-electric vehicles.
10- FCA (Fiat Chrysler Automobile N.V)
FCA (Fiat Chrysler Automobile N.V) with a market capitalization of $33.6 billion. Fiat is based on the UK and made over 100 billion dollars in revenue in a single year and it continues to grow becoming one of the best-known brands in the UK and also in other countries. Fiat is one of the most valuable car companies in the world of 2018. Fiat merged in 2014 with the first being founded in Italy in 1983 and the second being founded in Michigan in 1925. Fiat stands for what trends late to Italian automobile factory in Italian. Fiat has a long history dedicated to the environment always try to cooperate with conserving energy and helping the planet into their production. The Fiat 200 is one of the smallest car produce of 127 inches of length.
So these are some top richest car companies in the world with an economy fluctuating worldwide there is always a demand for transportation many companies are looking toward the future and creatively innovative design with electric cars.