5 Biggest Car Companies in the World

The automobile was invented by German engineer Carl Benz in 1885. In such a short time, no other invention has had such an impact on humanity. Moreover, it has revolutionized transportation, making it easier and faster to travel short and long distances.

Today, cars are one of the world's biggest industries. Every year, the biggest car companies sell millions of units and generate billions of dollars in revenue. The fact that more cars exist on the planet than people shouldn't come as a surprise. From relatively cheap to middle-class to very expensive luxury cars, car manufacturers offer cars in different sizes, for different purposes, and in different price ranges. Over several decades, some car models have remained popular best-sellers. Thus, it is only logical that the biggest car companies worldwide are also among the biggest companies in the world.

Based on the most recent data, the following ranking shows the top 10 biggest car companies by revenue. You've likely heard of all those car manufacturers, but you may be surprised at the order in which they appear.

1. Volkswagen

Volkswagen AG

Revenue: $263.6 billion

Foundation Year: 1937

Based in: Wolfsburg, Lower Saxony, Germany

Cars produced last year: ~ 8.9 million

Number of employees (worldwide): ~ 307,000

Owned Car Brands: VW, Audi, Porsche, Lamborghini, Bentley, Bugatti, SEAT, Skoda, MAN

2. Toyota

Toyota Motor Corporation

Revenue: $258.7 billion

Foundation Year: 1937

Based in: Toyota, Aichi, Japan

Cars produced last year: ~ 9.5 million

Number of employees (worldwide): ~ 366,000

Owned Car Brands: Toyota, Lexus, Ranz, Daihatsu, Hino

3. Mercedes-Benz

Mercedes-Benz AG

Revenue: $182.5 billion

Foundation Year: 1926

Based in: Stuttgart, Baden-Wurttemberg, Germany

Cars produced last year: ~ 2.8 million

Number of employees: ~ 288,000

Owned Car Brands: Mercedes-Benz, Smart

4. Ford

Ford Motor Company

Revenue: $127.1 billion

Foundation Year: 1903

Based in: Dearborn, Michigan, USA

Cars produced last year: ~ 4.2 million

Number of employees: ~ 186,000

Owned Car Brands: Ford, Lincoln

5. Honda

Honda Motor Company

Revenue: $125.2 billion

Foundation Year: 1948

Based in: Tokyo, Japan

Cars produced last year: ~ 4.4 million

Number of employees: ~ 211,000

Owned Car Brands: Honda, Acura

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