Top 10 richest car companies in the world 2020 | Reviews Nepal
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Automobiles are a necessity these days. There are many car companies manufacturing cars worldwide. There are 1.015 billion estimated automobiles worldwide and approximately 17.5 million vehicles are sold every year. Today, Reviews has brought to you the countdown list of 10 richest car companies worldwide.
Top 10 richest car company in the world 2020
10. Fiat Chrysler Automobiles
The net capital of the company is 33.6 billion dollars. Fiat was listed as one of the most valuable automobiles of 2018. It was founded in Italy and again re-founded in Detroit, USA. Fiat is famous for its concerns for the environment and related products.
9. Nissan luxury car brands
The net capital of the company is 38.92 billion dollars. The Nissan Group was formed in 1923 which made engine for boats and military vehicles for the Second World War. Later, they started making cars for the general public.
8. Ford
The net capital of the company is 44.78 billion dollars. Ford was founded by Henry Ford in 1903. The head office of the company is in Michigan, USA. Ford is the second-largest car manufacturer in the United States of America.
7. General Motors
The net capital of the company is 52.68 billion dollars. Established in 1908, General Motors has 12,000 dealers selling in more than 125 countries. General Motors produces brands like Chevrolet and Cadillac which is recognized worldwide.
6. Honda Motors Co.
The net capital of the company is 57.48 billion dollars. Honda has sold 5 million cars in 2017 alone. Honda Accord is the first foreign car produced in the US.
5. Daimler
The net capital of the company is 68.50 billion dollars. Daimler is the owner of Mercedes Benz, Mitsubishi, and many other recognized car brands. Daimler also collects its revenue from trucks and buses. The head office of the company is in Germany.
4. BMW
The net capital of the company is 71.1 billion dollars. Established in 1916, BMW is one of the first luxury brands in the world. In 2017 alone, BMW sold 2 million automobiles. BMW produced its first electric car in 1972. Although the car is drove worldwide, they only have factories in 14 countries.
3. Volkswagen
The net capital of the company is 95 billion dollars. The company was established in 1937, in Germany. Volkswagen Beatles was popular in the US with its inclusion in the pop culture. In 2017, the company sold 10 million vehicles worldwide. Volkswagen basically means “People’s Car” in German.
2. Toyota Motor Corp
The net capital of the company is 199 billion dollars, four times larger than Tesla. Toyota is named after its founder, Kushiro Toyota. The company states that their success is because of the focus on research and development more than any other factor. Toyota cars are known for their long lives. The first Toyota car was brought to the USA in 1957 and they claim that it is still running somewhere within the country.
1. Tesla
The net capital of the company is 208 billion dollars. Tesla was founded by Elon Musk in 2003. Their specialty is to manufacture the best cars to move away from fossil fuels. They have experimented with their cars launching to space with a dummy driver. The head office of the company is in California.
Also Read:
NEW UPCOMING ELECTRIC CARS IN NEPAL 2020
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Debashish S Neupane
