Top 20 Richest Car Companies In The World 2024

When it comes to luxury and high-end vehicles, a few car companies reign supreme. These automakers produce cars that are not only covered for their looks and performance but also their high price tags.

Vehicle manufacturers make billions of dollars each year and their general net worth never stops growing. As a matter of fact, the richest car manufacturers in the entire globe are also some of the world’s most popular companies producing some of the most expensive cars in the world.

With that being said, here is a list of the wealthiest car companies in the world, based on their estimated revenue.

Richest Car Companies In The World:

1. Tesla

The first company on this list is Tesla. This electric automaker has seen massive success in recent years, thanks to its popular Model S and Model X vehicles.

The newest Tesla vehicle to hit the road is Model Y. In 2016, Tesla posted net revenue of $7 billion; in 2021, the net income has increased to $ 22.35 billion, making it one of the richest vehicle companies in the world.

2. Volkswagen

Volkswagen is another richest car company globally, with an estimated revenue of $220 billion. In September 2021, the company had a net income of $67.133 billion.

The German automaker is known for its popular brands like Audi, Porsche, and Bentley. It has a wide range of vehicles available, from economy cars to luxury SUVs.

3. Toyota

Toyota also ranks as the wealthiest car company globally, with a revenue of $ 247 billion.

The Japanese automaker is known for its reliable and affordable cars and its hybrids and electric vehicles, and it sells cars in over 170 countries around the world.

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4. Daimler

The German automotive company Daimler has an estimated revenue of $150 billion. Daimler specializes in luxury vehicles and owns Mercedes-Benz and its sub-brands such as Maybach and smart.

The company is the largest truck manufacturer in the world. Daimler also manufactures commercial vehicles such as Fuso, Western Star, Orion, and many more.

5. BMW

BMW, a German automaker, has made approximately $105 billion. Its most popular vehicle is the BMW 3 Series.

BMW manufacturers vehicles such as Rolls-Royce Motor cars, Mini, BMW Motorrad, and Mini John Cooper Works.

6. Honda Motors Co.

Honda Motors Co, a Japanese automaker, is named after its founder Soichiro Honda.

It has an estimated revenue of $48.35 billion and it produces Honda Accord and Civic models.

7. General Motors

General Motors, an American automaker, is also among the richest car companies in the world.

It is worth $122.5 billion (estimate) and is known for its popular car brands such as Chevrolet, Cadillac, GMC, Hummer Saturn, and Saab.

8. Ford Motor

Ford Motor, an American automaker, operates under three segments: mobility, automotive, and ford credit.

It has a revenue of $127.1 billion and it manufactures Ford Mustang Ford Ranger, Ford Ecosport, and F-150 models.

9. Nissan

Nissan, a Japanese automaker, has 31 manufacturing plants; however, it sells its products to over 190 countries.

It has a net income of $90.863 billion and is known for its brands such as  Nissan Rogue, Nissan Sentra, Nissan Versa, Nissan Pathfinder, and Altima models.

10. Fiat Chrysler Automobiles

Chrysler is another American car company. It was a multi-international cooperation between Italy and America.

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It has an estimated net worth of $97.8 billion and specializes in luxury vehicles. It owns popular brands such as Dodge, Fiat, Jeep, Ram, and Chrysler.

  1. 11. Porsche
  2. 12. Volvo
  3. 13. Audi
  4. 14. Bentley
  5. 15. Bugatti
  6. 16. Lamborghini
  7. 17. Ferrari
  8. 18. Jaguar
  9. 19. Jeep
  10. 20. Land Rover

There are many car manufacturers in the world today from start-ups to big firms, but the above list has ranked the world’s wealthiest of them all, from the richest vehicle companies and the most valuable car brands this year.

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