The automotive industry is one of the most complex and lucrative sectors in the world. With thousands of companies vying for market share, it can be challenging to identify the largest car manufacturers. However, after researching and analyzing data from various sources, we have compiled a list of the top five car manufacturers in the world.
We used a combination of factors such as global production capacity, revenue, market share, and brand value to determine which companies are the biggest in the industry. This methodology is based on publicly available data from reputable sources such as Statista, Euromonitor, and ResearchAndMarkets.
| Rank | Name | Revenue (2020) | Market Share (%) | Production Capacity (millions of units) |
|---|---|---|---|---|
| 1 | Toyota | $259 billion | 14.4% | 2,000,000 - 3,000,000 |
| 2 | Ford | $56 billion | 3.1% | 600,000 - 800,000 |
| 3 | Renault | $43 billion | 2.5% | 1,500,000 - 2,500,000 |
| 4 | General Motors | $44 billion | 2.3% | 750,000 - 1,200,000 |
Source: https://escatter11.fullerton.edu/nfs/team_display.php?teamid=421091