Top 20 Automobile companies in 2021 by Market Capitalization

The automotive industry is very important and profitable for the global economy as it helps in creating innumerable jobs and earning foreign exchange for a country. We have ranked the Top 20 Automobile companies in 2021 by Market Capitalization. You can find complete list of top Car Brands in this article. The sector produces various types of vehicles like cars, SUVs, trucks, bus, trains, aeroplane and vans etc. for transporting both/either cargo and humans across and within nations

The top automobile companies have a large global footprint and this has helped them in overcoming the despair caused by the pandemic in the first half of the year 2020. The second half of 2020 as well as the first half of 2021 has seen a significant improvement that has helped to revive the world economy once again.

Top 20 Automobile Companies and Car Brands in 2021 by Market Capitalization include

1 Tesla Inc

• Revenue (TTM): $ 35.940 billion (31st March 2021)

• Net Income (TTM): $ 1.112 billion (31st March 2021)

• Market Cap: $ 582.93 billion with a change of -3.01% in 2021

• Brand Value: $ 31,986 million for 2021

• Employees: 70,757 ( December 2020)

New technologies are driving the current market as people belonging to every generation are leaning towards the American origin car brands Tesla Inc.

The leading automobile manufacturers are associated with the automotive, solar energy generation and battery energy storage industries. Its automobile product portfolio includes Tesla Model Y, Tesla Model X, Tesla Model 3 and Tesla Model S.

In the year 2020, Tesla recorded a production output of 509,737 vehicles, 3,022 MWh batteries and 205 MW solar. In the year 2020, the world’s leader was able to capture 16% and 23% plug-in and battery-electric market respectively and had the highest global sales figures in both segments

CEO Elon Musk has been one of the driving forces behind the high-profile global company which was founded in the year 2003 and is currently based in Palo Alto, California

2. Toyota Motor Corporation

• Revenue (TTM) : Yen 27,214,594 million or US$ 256.7 billion (31st March 2021)

• Net Income (TTM) : Yen 2,282,378 million (31st March 2021)

• Market Cap : $ 246.61 billion with a change of +2.49% in 2021

• Brand Value : $ 59,479 million for 2021

• Employees : 366,283 ( 31st March 2021)

Toyota Motor Corporation is a traditional automotive marques car brands that have integrated various high-end technologies so that it can move with modern times and satisfy its customers with a unique product portfolio that includes engines, commercial vehicles, luxury vehicles, sport utility vehicles and robots

The Japanese origin Toyota Motor Corporation has a global presence and caters to a worldwide market from its headquarters based at Toyota city in Japan. It is the largest manufacturer of the automobile in the world based on unit global sales of 2020.

The production output of both fiscal years 2021 and 2020 took a hit as the recorded figures were 9,472,556 and 9,213,195 respectively. Toyota has entered the EV market and has planned the launch of an SUV model using the e-TNGA platform for the next year

3. Volkswagen Group

• Revenue (TTM) : $ 254.600 billion (31st December 2020)

• Net Income (TTM) : $ 9.520 billion (31st December 2020)

• Market Cap : $ 172.70 billion with a change of -0.64%

• Brand Value : $ 47,020 million up 5% (2021)

Volkswagen has managed to outperform rival brands while most of them are rebounding from the global havoc caused by Covid-19. The German automotive corporation founded in 1937 serves 150 countries through its base at Wolfsburg, Germany

The leading automobile manufacturers are associated with the distribution, manufacturing, and designing of engines, commercial and passenger cars, turbomachinery and motorcycles along with services like fleet management, leasing, and financing.

Volkswagen has 100 production facilities spread over 27 countries. In 2020 it recorded a production output of 8,900,000 vehicles.

4. Daimler AG

• Revenue (TTM) : 154,309 billion Euros (2020)

• Net Income (TTM) : 4.009 billion Euros (2020)

• Market Cap: $ 103.05 billion with a change of +0.37%

• Total Equity: 62.248 billion Euros (2020)

• Employees: 288,481 (31st December 2020)

Unyielding creativity and connect with the target audience has helped Daimler AG to remain the top automobile company in the world.

The second-largest German automotive manufacturer is the sixth-largest in the world based on production. Its output for the calendar year 2020 was 2,840,402 vehicles.

Founded in 1926 the renowned company Daimler AG manufactures commercial vehicles and automobiles and is one of the largest truck and car manufacturers in the world. The most known brand if Daimler is Mercedes-benz

5. General Motors Company

• Revenue (TTM) : $ 122.250 billion (31st March 2021)

• Net Income (TTM) : $ 8.976 billion (31st March 2021)

• Market Cap : $ 86.53 billion (2021)

• Net Worth : $ 49.6 billion (2021)

General Motors is one of the most respected automotive brands in the industry with a production output of 6,829,000 vehicles on 31st December 2020.

The American automotive General Motors designs, markets, manufactures and distribute commercial vehicles and vehicle parts along with financial services.

Founded in 1908 this iconic brand is the largest automobile manufacturer in America and has a ranking of 18 in the Fortune 500 list as the largest American corporations by total revenues.

6. BYD

• Revenue (TTM): Yuan 41 billion Q1 2021

• Net Profit (TTM): Yuan 237.4 million Q1 2021

• Market Cap: $ 79.23 billion with a change of -1.71%

• Employees: 229,154 (31st December 2020)

BYD is a Chinese origin company that is placed at 6th position in the list of top 20 automobile manufacturers of the world in 2021.

The company was founded in the year 1995 by its founder Wang Chuanfu and serves a worldwide market from headquarter in Shenzhen.

BYD is an automobile manufacturer of automobiles including hybrid and full-electric cars, light trucks, busses, solar panels, forklift, battery-powered bicycles and rechargeable batteries

7. BMW

• Revenue (TTM) : $ 119.708 billion (31st March 2021)

• Net Income (TTM) : $ 6.717 billion (31st March 2021)

• Market Cap : $ 73.02 billion with a change of +1.84%

• Brand Value : $ 40,447 million (2021)

BMW has been a trusted brand that has evolved through the years because of its innovative steps and the high-quality technology that it uses for its products.

The German corporation BMW was founded in the year 1916 and currently serves global markets through headquarter in Munich, Germany.

One of the leading automobile companies BMW produces motorcycles and luxury car for its clients. Its production output included 2,255,637 cars and 168,104 motorcycles on 31st December 2020.

8. NIO

• Revenue (TTM) : $ 3.516 billion (31st March 2021)

• Net Income (TTM) : $ -1.361 billion (31st March 2021)

• Market Cap: $ 67.44 billion with a change of -2.79%

NIO was founded in the year 2014 by its founder William Li and in such a short time has entered the list of top 20 automobile manufacturer of the world in 2021 at 8th ranking.

The Chinese origin company is associated with automotive technology and deals in designing and manufacturing electric vehicles.

NIO has spread its presence to other countries like Germany, United States, United Kingdom and Hong Kong.

9. Stellantis

• Market Cap: $ 62.61 billion with a change of +0.35%

• Employees: 400,000 (May 2021)

Stellantis is one of the leading automakers of the world that offers reliable and affordable mobility solutions. The Dutch-domiciled car company was founded on 16th January 2021 and has set up headquarters in Amsterdam, Netherlands

By 15th May 2021, the car company Stellantis had become the eighth-largest automobile manufacturing company in the world

The company designs, manufactures, develops and sells automobiles, auto parts and commercial vehicles. Stellantis has established manufacturing facilities in 30 countries and spread its presence to 130 countries

10. Ford Motor Company

• Revenue (TTM) : $ 129.052 billion (31st March 2021)

• Net Income (TTM) : $ 3.976 billion (31st March 2021)

• Market Cap : $ 59.52 billion with a change of +0.68%

• Brand Value : $ 22,676 million (2021)

• Employees – 186,000 (31st December 2020)

The American origin Ford Motor Company was founded in the year 1903 by its founder Henry Ford. It has a global presence with a few exceptions from headquarters at Dearborn, Michigan.

Ford is a manufacturing company that sells industry-standard commercial vehicles and automobiles under the brand name Ford and luxury vehicles under Lincoln. The company also offers services like vehicle service, vehicle leasing and automotive finance to its customers

On 31st December 2020, the company recorded a production output of 4.187 million vehicles

11. Honda Motor Group

• Revenue (TTM) : $ 122.122 billion (31st December 2020)

• Net Income (TTM) : $ 3.96 billion (31st December 2020)

• Market Cap: $ 55.07 billion with a change of +3.79%

• Brand Value : $ 31,368 million

• Total Assets: $ 188.246 billion (31st December 2020)

Honda Motor Group is a publicly traded conglomerate that was founded in the year 1946. It is the largest manufacturer of motorcycles in the world

The Japanese origin company is associated with the manufacturing of automobiles, luxury vehicles, commercial vehicles, scooters and motorcycles along with various other products in numerous industries.

Some of its vehicle models are Acura, Civic, Fit, Passport, Insight Hybrid, Accord, Activa, Unicorn, Shine and CR-V.

12. Hyundai Motor

• Revenue (TTM) : 103,997 billion KRW (31st December 2020)

• Net Income (TTM) : 1,424.4 billion KRW (31st December 2020)

• Market Cap : $ 54.69 billion with a change of +0.64%

• Market Value : 43.710 billion USD (January 2021)

• Employees : 121,000 (January 2021)

Founded in the year 1967, Hyundai Motor Group operates in a global market through headquarters in Seoul, South Korea. The multinational company is of South Korean origin and is associated with the automotive market.

Hyundai Motor Group manufactures commercial vehicles, luxury vehicles, engines and automobiles. It operates the largest manufacturing facility of the integrated automobile in Ulsan.

13. Ferrari

• Revenue (TTM) : $ 4.143 billion (31st March 2021)

• Net Income (TTM) : $ 0.758 billion (31st March 2021)

• Market Cap : $ 53.02 billion with a change of +0.80%

• Brand value : US$ 9.2 billion up 2%

Ferrari is adjudged as the strongest automobile brand and one of the best companies in the world of the year 2021 with an AAA+ rating of brand strength. It is an Italian origin manufacturer of luxury sports cars.

Founded in the year 1939 by Enzo Ferrari, Ferrari operates in a global market through headquarters at Enzo, Ferrari. As of May 2021, it is the 13th largest car manufacturer by market cap.

14. Great Wall Motors Company Limited

• Revenue (TTM) : 122.008 billion CNY (2021)

• Net Income (TTM) : 7.652 billion CNY (2021)

• Market Cap: $ 43.86 billion with a change of -3.96%

• Employees – 60,297 (2021)

Great Wall Motors Company Limited is a Chinese origin company placed at 14th position in the list of top automobile companies as per the market cap in 2021

It was founded in 1984 and operates through headquarters at Baoding, China. The company is the largest producer in China of SUVs and pick-up trucks. Great Wall Motors sells rucks and passenger cars under the brand name WEY and Haval.

15. SAIC Motor Corporation Limited

• Revenue (TTM) : 826.5 billion CNY (31st December 2019)

• Net Income (TTM): 25.6 billion CNY (31st December 2019)

• Market Cap: $ 37.46 billion with a change of +0.44%%

SAIC Motor is a Chinese origin company owned by the state. Founded in 2011 the company designs and manufactures commercial vehicles and automobiles.

SAIC is the owner of two brands Roewe and MG and has joint ventures with two major companies General Motors and Volkswagen.

16. Maruti Suzuki India limited

• Revenue (TTM) : $ 11 billion (31st December 2020)

• Net Income (TTM) : $ 780 million (31st December 2020)

• Market Cap : $ 29.82 billion with a change of +0.24% (2021)

• Total Assets : 8.9 billion USD (31st December 2020)

• Employees : 15,945 (2020)

Founded in the year 1981 by the Government of India, Maruti Suzuki India Limited was later sold to Japanese automakers Suzuki Motor Corporation in 2003. Since then the car company acts as a subsidiary of its parent company.

Associated with automotive technology Maruti Suzuki produces vehicles like SUVs, Pickup trucks, automotive parts, commercial vehicles and automobiles.

The car company recorded a production output of 1,563,297 units as of 31st December 2020

17. Xpeng

• Revenue (TTM) : $ 0.887 billion (31st March 2021)

• Net Income (TTM) : $ -0.241 billion (31st March 2021)

• Market Cap: $ 28.09 billion with a change of +1.16%

• Employees : 3,676 ( June 2020)

Founded in the year 2014, XPeng operates from headquarter in Guangzhou, China and offices in Mountain View, California. The Chinese manufacturer is associated with the automobile industry and deals in electric vehicles.

The product portfolio of XPeng includes models like Xpeng P5 Sedan, Xpeng P7 Sedan and Xpeng G3 SUV.

18. Geely

• Revenue (TTM) : $ 13.374 billion ( 31st March 2020)

• Net Income (TTM) : $ 0.006 billion ( 31st March 2020)

• Market Cap: $ 26.52 billion with a change of -2.10%

Geely is a privately-held Chinese company with headquarters in Hangzhou. It was founded in the year 1986 but entered the automobile industry in 1997.

In the automobile sector, the product portfolio of Geely includes luxury vehicles, transmissions, engines and automobiles.

19. Suzuki

• Revenue (TTM): 3.5 trillion Yen (31st December 2020)

• Net Income (TTM): 134 billion Yen (31st December 2020)

• Market Cap: $ 22.69 billion with a change of +5.67%

• Employees: 68,499 (2020)

Suzuki Motor Corporation is a Japanese origin company associated with the automotive industry and manufactures ATVs, motorcycles, four-wheel-drive vehicles, automobiles and engines. The company recorded a production output of 2,966,659 units as of 31st December 2020

Suzuki has established 35 facilities for production in 23 countries. It has 133 distributors under its wing spread over 192 countries.

20. Li Auto

• Revenue (TTM) : $ 0.915 billion (31st March 2021)

• Net Income (TTM) : $ -0.102 billion (31st March 2021)

• Market Cap: $ 22.02 billion with a change of +2.23%

Li Auto is a Chinese company with headquarters in Beijing, China. It was founded in 2015 and is associated with the car companies as it manufactures and designs electric vehicles

Li Auto has spread its presence to 53 cities through 73 retail outlets for vehicle sales by 30th April 2021. Its product portfolio includes the renowned model Li Xiang One SUV

As per Marketing91, some Notable Brands which are a part of the top Automobile companies and might not be mentioned here are

• Fiat Chrysler Automobiles
• Mercedes-Benz
• Land Rover
• Tata Motors
• Rolls Royce
• Alfa Romeo

Conclusion

The revenues generated by top automobile companies is immense and in the United States alone it easily generates more than 500 billion dollars annually in vehicle sales.

The automobile market is on the right track and has started recovering the lost ground of the past year. The day is not far when this sector will once again start flourishing at its highest potential