7 The Biggest Car Company in the World

Fast-paced demanded life makes the need for a personal vehicle continue to increase from year to year. Car manufacturers are also competing to provide cars that sell various advantages such as luxury, price, design, to fuel efficiency.

But on the other hand, the increase in the population of vehicles in various cities in the world makes the streets more jammed. Congestion even began to penetrate small cities, not least in Indonesia.

Given that many people use cars, it's no surprise that automakers are one of the most valuable companies in the world with billions of dollars in revenue a year.

Here is a list of the 7 largest carmakers in the world summarized based on the revenue released by each company in 2019 on Monday (2/15/2021).

1. Toyota

Over the past few years, Toyota Motor Corp. has almost always ranked first as the world's largest revenue-earning automaker.

The Japanese automotive giant posted revenue of $272 billion in 2019, the largest among any automotive company globally.

2. Volkswagen

In the second position of the world's largest automotive company occupied by the German manufacturer, Volkswagen. The company is the brand owner of Audi, Porsche, Buggati, and Lamborghini.

As the market ruler on the streets of Europe, Volkswagen recorded revenues of 252 billion euros. The company is based in Wolfsburg.

3. Daimler

Daimler is the third largest automotive company in the world and the second largest in Germany in terms of revenue. Damiler's revenue in 2019 was 173 billion euros or about 193 billion U.S. dollars.

Daimler is the owner of the Mercedez Benz, Daimler, Western Star, and Fuso trucks brands. The company's production center and offices are located in Stuttgart.

4. Ford

Ford is by far the largest car manufacturer in the United States. In the world, his position is ranked fourth.

Ford's revenue in 2019 was $155.9 billion. Some of ford's famous brands include Fusion, Mustang, Edge, Escape, F-150, and Ranger.

5. Honda

The second largest Japanese manufacturer after Toyota, Honda ranks fifth as the largest automotive company in the world.

Honda's revenue in 2019 was $143 billion. Some of Honda's most famous brands include civic, odyssey, and accord. In Indonesia, Honda has the brio and jazz brand that is quite in demand.

6. General Motors

General Motors is the most popular car company in the U.S. after Ford. Not only cars, this company also produces a variety of trucks.

General Motors' main brands are GMC, Chevrolet, Cadillac, and Buick. In 2019, General Motors recorded revenue of $137 billion.

7. BMW

Bayerische Motoren Werke, or people better known as BMW, is the next largest German automotive company. The company ranks seventh the world's largest automaker.

BMW is the brand owner of Mini, BMW, and Rolls Royce vehicles. BMW's revenue in 2019 was 104 billion euros or about 114 billion US dollars.