The American multinational automobile company was founded in the year 1903 by entrepreneur Henry Ford. He used the assembly line process, which was not used at that time, to make the best of automobiles.
He made cars accessible to middle and upper-class people. Ford Motors, headquartered in Dearborn, Michigan, generated $155.9 billion in revenue in 2019 and ranked 12 on the Fortune 500 list.
Ford’s Competitor’s List
After being operated as a manufacturer of automatic looms for 13 years, Toyota Motors, a Japanese multinational automotive manufacturer, was founded in 1937.
The company made it to the Fortune 500 list, and it was also named the tenth-largest company in terms of its revenue.
It had 273 billion USD as its revenue in the year 2019, hence taking the title of the number one car company in the world.
Mercedes-Benz is a German automobile manufacturer that was founded in 1926. It works under the corporation of Daimler AG and is one of its subsidiaries as well.
Benz became the largest seller of premium cars in 2018. It is known as one of the most luxurious cars for the high class.
It generated $105 billion in revenue in 2019, accounting for more than half of Daimler AG’s total assets.
Bayerische Motoren Werke or BMW
Bayerische Motoren Werke is a global corporation based in Munich, Germany that manufactures luxury automobiles and motorcycles.
It was registered as an aircraft engine manufacturer in the year 1916, which it sold till 1918, and then again from 1933 to 1945. With 2,279,503 vehicles manufactured in 2017, this German automobile manufacturer became the world’s fourteenth largest producer of automobiles.
Honda entered the US market with the tag line, “Only nice people ride Honda’s.” This more premium and performance-oriented automobile brand is from a Japanese multinational company that was already a hotshot before entering the US market.
As of 2019, it had a yearly revenue of $215 billion and since then, it has become one of the largest car companies in the whole wide world. It also has its fancy luxury brand called Acura.
Considered a giant, Hyundai is a South Korean multinational conglomerate that was founded in 1947 and owns a lot of companies.
The Hyundai Motor Group was established after Hyundai bought KIA Motors in 2000. It also became the third-largest vehicle manufacturer in the year 2017 in terms of production value.
Hyundai Motors hit its high record in the year 2021 with a revenue of 117.61 trillion won (98.1 billion USD).
Founded in the year 1900, Dodge is an American brand of automobiles based in Auburn Hills, Michigan, in the US, whose vehicles are bred for the sole purpose of performance.
Its cars may be found throughout North America, South America, Europe, the Middle East, Angola, Egypt, Brunei, and the Philippines.
Dodge earned $9.3 billion in total revenue worldwide, whereas overall market sales were $1.6 trillion in 2020. In 2020, the largest passenger car segment, Executive Cars, accounted for 48% of Dodge’s revenue.
General Motors Company is an American multinational automobile manufacturing firm based in Detroit, Michigan.
The company is the largest carmaker in the United States and one of the world’s largest. It generated 127 billion US dollars in revenue during the fiscal year 2021, a 3.7 percent increase year on year.
It is ranked 22nd on the Fortune 500 list of the largest companies in the United States in terms of total sales.
It was an Italian-American multinational firm best known as a maker of automobiles, commercial vehicles, auto components, and manufacturing systems. Fiat Chrysler Automobiles N.V. was its previous name.
Stellantis N.V. is a worldwide automaker created in 2021 by a 50-50 cross-border merger of the Italian-American conglomerate Fiat Chrysler Automobiles and the French PSA Group. The firm is based in Amsterdam.
Stellantis was the world’s fifth-largest carmaker in terms of worldwide vehicle sales in 2021, after Toyota, Volkswagen, Hyundai, and General Motors.
Nissan Motor Co., Ltd. is a Japanese multinational automobile manufacturer headquartered in Nishi-Ku, Yokohama, Japan. Nissan, Infiniti, and Datsun vehicles, as well as Nismo-branded performance tuning equipment, are distributed by the company.
According to the company’s most recent financial disclosures, Nissan’s current revenue is $77.74 billion. The company’s revenue in 2020 was $72.59 billion, a decrease from the previous year’s revenue of $96.25 billion.
Chevrolet, or simply “Chevy,” is an American vehicle subsidiary of the American corporation General Motors.
It was established on November 3, 1911. Chevrolet competes in a variety of athletic events across the world, with particular success in car contests.
General Motors granted AJS-Production SA permission to register the Louis Chevrolet (one of Chevrolet’s founders) trademark in 2007 for a range of premium grade Swiss timepieces marketed under the Louis Chevrolet brand name.
Tesla, Inc., headquartered in Austin, Texas, is an American automobile and sustainable energy corporation.
Tesla manufactures electric vehicles (cars and trucks), battery energy storage from the home to the grid, solar panels and solar roof tiles, and related goods and services.
With a market value of more than US$600 billion, Tesla is one of the world’s most valuable corporations and the world’s most valuable carmaker.