Top 10 Companies in Automobile Sector
1.Toyota Motors
Toyota Motors is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. The company was founded by Kiichiro Toyoda in 1937, as a spinoff from his father’s company Toyota Industries to create automobiles. In 2018, Toyota’s corporate structure consisted of 370,870 employees worldwide. Its worldwide annual revenue totaled $268.5 billion at sales growth rate of 3.02% and net profit stood at $22.79 billion for the 2018 fiscal year. Toyota’s current CEO is Akio Toyoda.
2.Volkswagen
Volkswagen is a German automaker founded in 1937 by the German Labour Front a Nazi labour union, and headquartered in Wolfsburg. The Group has a reputation of owning big car names like Volkswagen Passenger Cars, Audi, SEAT, Skoda, etc. The company employs 655.7 thousand employees as of 2018. Its worldwide annual revenue totaled $261.3 billion at sales growth rate of 6.83% and net profit stood at $18.9 billion for the 2018 fiscal year. Volkswagen’s current CEO is Herbert Diess.
3.Daimler
Daimler is a German multinational automotive corporation, headquartered in Stuttgart, Baden-Württemberg. Daimler AG is one of the world’s biggest producers and supplier of premium cars and commercial vehicles all around the world. The company has strong presence through Mercedes-Benz passenger vehicles, Daimler Trucks, Vans, Buses and Financial Services the company has its global presence in multiple domains. The company employs 298,683 employees as of 2018. Its worldwide annual revenue totaled $185.5 billion at sales growth rate of 2% and net profit stood at $8.4 billion for the 2018 fiscal year. Daimler’s current CEO is Ola Kallenius.
4.Ford Motor
Ford Motor Company is an American multinational automaker incorporated in Delaware in the year 1919. The company started by acquiring the business of a Michigan company, also known as Ford Motor Company, which had been incorporated in 1903 to produce and sell automobiles designed and engineered by Henry Ford. With about 199 thousand employees worldwide, the Company makes and services a full line of Ford cars, trucks, electric vehicles etc. Its worldwide annual revenue totaled $160.3 billion at sales growth rate of 2.27% and net profit stood at $3.7 billion for the 2018 fiscal year. Ford’s current CEO is James Patrick Hackett.
5.General Motors
General Motors is a global automotive company established in the year 1908. With its global headquarter at Detroit, USA; the company operates in five continents across many countries. With employee strength of 173 thousand from 70+ nationalities, the company has a very diverse and dedicated team. Its worldwide annual revenue totaled $147.049 billion at sales growth rate of 1% and net profit stood at $8 billion for the 2018 fiscal year. GM’s current CEO is Mary Teresa Barra.
6.Honda Motor
Honda Motor Company is a Japanese multinational automotive and motorcycle company with its presence all around the globe. The company deals in automobiles, aircraft, motorcycles, and power equipment and even boasts about running of Honda equipment or vehicles in all seven different continents including Antarctica. The company was incorporated in 1948 by Soichiro Honda and is headquartered at Tokyo, Japan. The company employs 215,638 employees as of 2018. Its worldwide annual revenue totaled $140.37 billion at sales growth rate of 9.7% and net profit stood at $7.62 billion for the 2018 fiscal year. Honda’s current CEO is Takahiro Hachigo.
7.SAIC Motor
SAIC Motor Corporation Limited is the largest Chinese automaker enlisted in the Fortune 500 Global list. The company is also considered as belonging to the “Big 4” Chinese top car brands owned by the government and has its headquarter in Shanghai, China but is operating worldwide. The company’s main business includes vehicles, components, auto trade & services, and financing. The company employs 147,738 employees as of 2018. Its worldwide annual revenue totaled $136.39 billion at sales growth rate of 5.9% and net profit stood at $5.44 billion for the 2018 fiscal year. Its current CEO is Chen Zhixin.
8.Fiat Chrysler
Fiat Chrysler Automobiles (FCA) is one of the leading car brands in the world. The company engaged in the designing, engineering, manufacturing and selling of vehicles and related parts and services, components and production systems. The company has its operations and customer base worldwide through 150+ state-of-the art manufacturing facilities, many R&D centers, and dealers and distributors in nearly 150 countries. The company employs 198,545 employees as of 2018. Its worldwide annual revenue totaled $122.33 billion at sales growth rate of 3.99% and net profit stood at $4.024 billion for the 2018 fiscal year. Its current CEO is Michael Manley.
9.BMW Group
BMW Group is one of the leading manufacturers of premium automobiles and motorcycles and one of the top car brands in the world. The company trace back its inception in the year 1916 with its current headquarter in Munich, Germany and it has evolved itself as a truly global company with as many as 30+ production and assembly facilities in many countries and a global sales network. The company employs 134,682 employees as of 2018. Its worldwide annual revenue totaled $108.007 billion at sales growth rate of 3.22% and net profit stood at $7.985 billion for the 2018 fiscal year. Its current CEO is Harald Kruger.
10.Nissan Motor
Nissan Motor Corporation is a Japanese automaker having been established in the year 1933 at the Yokohama city in Japan. The company has its manufacturing facilities in as many as 20 countries worldwide and customers in more than 160 different nations. The company employs 139 thousand employees as of 2018. Its worldwide annual revenue totaled $105.77 billion and net profit stood at $2.92 billion for the 2018 fiscal year. Its current CEO is Makota Uchida.
