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World's 10 Biggest Car Companies

3 April 2024

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Tesla leads the automotive market with an impressive market capitalization of $559.85 billion, as per Forbes

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Following closely behind (at number 2) is Toyota, with a market cap of $339.23 billion, the outlet further said

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Porsche holds the third spot with a market cap of $90.57 billion, reflecting its strong brand and performance appeal

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Stellantis, a multinational automotive corporation, ranks fourth with a market cap of $85.19 billion

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Mercedes-Benz closely trails behind Stellantis, occupying the fifth position with a market cap of $85.07 billion

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Ferrari, renowned for its luxury sports cars, holds the sixth position with a market cap of $78.62 billion

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BYD, a Chinese automotive manufacturer specialising in electric vehicles, ranks seventh with a market cap of $78.21 billion

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BMW secures the eighth spot with a market cap of $76.12 billion, showcasing its enduring presence in the automotive industry

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Volkswagen, one of the world's largest automobile manufacturers, holds the ninth position with a market cap of $72.33 billion

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Honda completes the top 10 list with a market cap of $60.59 billion, reflecting its significant presence in the global automotive market

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