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As of 2023, the automotive industry is dominated by a few major players. Here are the top five car manufacturers in the world:
Rank | Name | Number of Vehicles Produced | Revenue (2022) | Mileage per 100 km |
---|---|---|---|---|
1 | Volkswagen Group | 3.3 million | $73 billion | 235.8 km/l |
2 | Tata Motors Limited | 2.4 million | $14.5 billion | 230.3 km/l |
3 | Ford Motor Company | 1.9 million | $23.8 billion | 284.6 km/l |
4 | Toyota Motor Corporation | 10.2 million | $233 billion | 260.3 km/l |
Trends in the automotive industry include a shift towards electrification, increased focus on sustainability, and advancements in autonomous driving technology.
Source: https://escatter11.fullerton.edu/nfs/team_display.php?teamid=421091