AUTOMOBILE COMPANY
Top 10 Car Brands in the World 2019
10. Mercedes Daimler
Furthermore, the company aspires to be leading in the fields of connectivity, autonomous driving and alternative drives with its forward-looking innovations. The product portfolio comprises the Mercedes-Benz brand with the sub-brands Mercedes-AMG, Mercedes-Maybach and Mercedes me – as well as the smart brand, and the EQ product and technology brand for electric mobility.
Mercedes-Benz AG is one of the largest manufacturers of premium passenger cars. In 2018, it sold more than 2.3 million cars and over 420,000 vans. In its two business divisions, Mercedes-Benz AG is continually expanding its worldwide production network with over 40 production sites on four continents, while aligning itself to meet the requirements of electric mobility. At the same time, the company is developing its global battery production network on three continents. Sustainable actions play a decisive role in both business divisions.
To the company, sustainability means creating value for all stakeholders on a lasting basis: customers, employees, investors, business partners and the society as a whole. The basis for this is the sustainable business strategy of Daimler in which the company takes responsibility for the economic, ecological and social effects of its business activities and looks at the entire value chain.
9. PSA Group
Peugeot’s origins trace to 1810, when brothers Jean-Pierre II and Jean-Frédéric Peugeot created a steel foundry and began producing various steel products. The first Peugeot automobile was designed in a family-owned shop set up in 1885 to build velocipedes and quadricycles. In 1896 Armand Peugeot (1849–1915) established the Société Anonyme des Automobiles Peugeot. The company began mass-producing cars in 1929 with the introduction of the 201. That car’s success led to other models. In addition, in 1953 Peugeot began producing motorized scooters that proved highly popular.
In 1914 Citroën’s founder, André Citroën, formed his own company to produce munitions during World War I. The company proved so successful that by the end of the war Citroën was able to buy out the Mors Company, an automobile manufacturer for which André Citroën had previously served as president. In the 1920s the company, which was established as Citroën SA in 1924, emerged as a major producer of low-priced mass-produced cars. By 1933 it had built 90 percent of the taxicabs operating in Paris.
During the Great Depression, Citroën SA fell into financial trouble and was sold to the Michelin company in 1936. During the 1960s Citroën was merged with several other automakers. As its financial troubles continued, Peugeot acquired a nearly 40 percent share of Citroën in 1974, and the following year it took full ownership. As part of the deal, a new parent company was created, PSA (Peugeot Société Anonyme) Group. In addition to manufacturing cars and trucks, PSA was a major producer of bicycles and motorcycles.
In 1978–79 PSA acquired the European car- and truck-making units and related finance operations of Chrysler Corporation of the United States, changing the names of these PSA subsidiaries to Talbot. In 1991 the company rebranded itself as PSA Peugeot Citroën, and in 2016 it took the name PSA Group. The following year the company acquired the British brands Opel and Vauxhall from the American carmaker General Motors. The deal was valued at approximately $2 billion.
8.Fiat Chrysler Automobiles (FCA)
Fiat Chrysler Automobiles (FCA) is one of the leading car brands in the world.
Fiat Chrysler Automobiles (FCA), the seventh-largest automaker in the world, designs, engineers, manufactures and sells passenger cars, light commercial vehicles, components and production systems worldwide.
The Group’s automotive brands are: Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Ram, Ferrari and Maserati and also the SRT performance vehicle designation and Mopar, the parts and service brand. The Group’s businesses also include Comau (production systems) and Teksid (iron and castings). In addition, the Group provides retail and dealer finance, leasing and rental services in support of the car business through subsidiaries, joint ventures and commercial agreements with specialized financing services providers.
FCA is an international auto group engaged in industrial activities in the automotive sector through companies located in 40 countries and has commercial relationships with customers in approximately 150 countries.
The company engaged in the designing, engineering, manufacturing and selling of vehicles and related parts and services, components and production systems. The company has its operations and customer base worldwide through 150+ state-of-the art manufacturing facilities, many R&D centers, and dealers and distributors in nearly 150 countries. In 2014, the company was formed by bringing together Fiat and Chrysler into a new holding company, Fiat Chrysler Automobiles. The company is among the top car companies in terms of revenue. The list of brands that the company works with are Alfa Romeo, Chrysler, Fiat, Jeep, Maserati etc the parts and service brand. The Group’s businesses also include engineering and manufacturing of iron, steel, systems etc. The total employee strength of the firm is around 236,000 employees generating a total revenue of 100+ billion euros. Fiat Chrysler Automobiles also engages in the mass production of self-driving vehicles by collaborating with Waymo which is refereed to as the first-of-its kind collaboration. The company has already delivered Pacifica Hybrid minivans to Waymo which was adapted for self-driving during the second half of 2016 and an additional 500 in 2017.
7. HONDA MOTOR
Honda Motor Company is a Japanese multinational automotive and motorcycle company with its presence all around the globe.
The company deals in automobiles, aircraft, motorcycles, and power equipment and even boasts about running of Honda equipment or vehicles in all seven different continents including Antarctica. The company was incorporated in 1948 by Soichiro Honda and is headquartered at Tokyo, Japan. Honda is the sixth largest automobile manufacturer in the world behind Toyota, Volkswagen Group, Daimler, General Motors and Ford Motors among Fortune 500 Global companies. Founded in Japan in the year 1948, Honda have had a tremendous journey to being one of the leading manufacturers of the world. From opening of its first U.S. outlet in in 1950s, the company quickly grew fast to become a global brand. Honda Motor became the first car company from Japan to be a net exporter from the United States, exporting 100,000+ Honda and Acura models, while importing 85000+. The Honda Clarity Series Cars which are the plug-in hybrid electric and hydrogen fuel cell powered vehicles has been named 2018 Green Car of the Year. Honda has some of the leading car brands and variants selling worldwide, namely City, CRV etc.
6. FORD GROUP
Ford Motor Company is an American multinational automaker incorporated in Delaware in the year 1919.
The company started by acquiring the business of a Michigan company, also known as Ford Motor Company, which had been incorporated in 1903 to produce and sell automobiles designed and engineered by Henry Ford. With about 200,000 employees worldwide, the Company makes and services a full line of Ford cars, trucks, electric vehicles etc. Ford Motors vehicle brands includes Ford and Lincoln. In 2017, the company sold approximately 6,500,000+ vehicles at wholesale throughout the world. The company has multiple consolidated and unconsolidated Joint ventures. The consolidated Joint ventures includes Ford Lio Ho Motor Company Ltd., Ford Sollers Netherlands B.V and Ford Vietnam Limited. The unconsolidated joint ventures AutoAlliance (Thailand) Co., Ltd., Changan Ford Automobile Corporation, Ltd., Ford Otomotiv Sanayi Anonim Sirket, JMC, etc. Ford emerged comeback story from the Great Recession of 2008 is a model for inspiration. The company achieved this feat through restructuring and re-energizing its business. The company has had the achievement of being one of the companies having the highest sales in US. The company has also launched multiple models the previous year which includes F-150, EcoSport, Focus Electric, all-new Fiesta and all-new Expedition, and an all-new Lincoln Navigator and hence always been of the top car brands globally since its inception.
5.Hyundai - KIA
Kia Motors Corporation, commonly known as Kia Motors. headquartered in Seoul, is South Korea's second-largest automobile manufacturer, following the Hyundai Motor Company, with sales of over 3.3 million vehicles in 2015. As of December 2015, the Kia Motor Corporation is minority owned by Hyundai, which owns a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion.
4. GENERAL MOTORS
General Motors is a global automotive company established in the year 1908.
With its global headquarter at Detroit, USA, the company operates in five continents across many countries. With an employee strength of 180,000 from 70+ nationalities, the company has a very diverse and dedicated team. General Motors functions with eight renowned distinctive brands across the globe which includes, Buick, GMC, Cadillac, Holden, Baojun, Wuling, and Jiefang. The company offers vehicles ranging from electric cars to heavy-duty full-sized trucks which talks volume about the firm’s global reach. The company has shown a remarkable performance the previous year. In 2017, the company delivered 9 million vehicles globally through its dealers which counts to over 12,450 selling vehicles in 125 different countries. General Motors is also going to open five new manufacturing facilities in China by this year end to support sales of nearly 5 million vehicles annually. The company also created the affordable all-electric Chevrolet bolt EV which offers up to an EPA-estimated 238 miles of pure electric range on a full charge. The company has been appreciated multiple times for its quality and performance. Chevrolet won the 2016 Motor Trend car and truck of the year, it has 19 2016-models with a 5-star overall vehicle score which is more than any manufacturer selling in USA and Chevrolet Volt is two-times winner of the Green Car of the Year Award. General Motors designed the crash test dummies which is now a global standard for frontal crash testing among top car brands all over. It is also the first North American Auto Manufacturer to build a roll over test facility.
3. The Renault–Nissan–Mitsubishi Alliance
As of January 2018, the Alliance is the world's leading plug-in electric vehicle manufacturing group, with global sales since 2010 of over 500,000 electric vehicles, including those manufactured by Mitsubishi, now part of the Alliance.The top selling vehicle of the Alliance EV line-up is the Nissan Leaf all-electric car. The Leaf is also the world's best-selling highway-capable plug-in electric car in history, with more than 400,000 units sold worldwide through March 2019.
The strategic partnership between Renault, Nissan and Mitsubishi is not a merger or an acquisition. The three companies are joined together through a cross-sharing agreement. The structure was unique in the auto industry during the 1990s consolidation trend and later served as a model for General Motors and the PSA Group, and Mitsubishi, as well as the Volkswagen Group and Suzuki, though the latter combination failed The Alliance itself has broadened its scope substantially, forming additional partnerships with automakers including Germany's Daimler, China's Dongfeng and Russia's AvtoVAZ.
2. Toyota Motors
Toyota Motor Corporation is the largest automaker of the world. It is a Japanese multinational firm having a global presence.
With its headquarter in Aichi, Japan, the company has grown to become the world’s fifth largest firm in terms of revenue. The company operates through more than 50 overseas manufacturing plants spread over 30 countries and regions of the world. This covers all the broad regions of the world including North America, Latin America, Africa, Asia-Oceania and Europe. The company has reached its 75 years since inception very recently. To celebrate its 75th anniversary, the company has compiled 75 Years of Toyota. In the financial year 2017-18, the company gained a total revenue of 6.4% from the previous year. The company’s total sales stood at approx. 9 million vehicles worldwide generating a revenue of 29,000+ billion yen. Toyota Motors has a commitment towards innovations which help them towards a high performance in Motor-Sports. Toyota also takes initiatives to involve the customers towards the future they dream of. Toyota shows commitment to safety by Introducing the "Integrated Safety Management Concept". Through this the company supports the driver in each stage of driving (Parking, Active Safety, Pre-Collision Safety, Passive Safety and Rescue) by integrating each system.
1. Volkswagen
Revenue (Bn $): 280
Volkswagen Group is the second largest manufacturer of the world with its headquarter in Wolfsburg, Lower Saxony, Germany.
The group consists of two divisions: the automotive divisions and the financial services divisions. The automotive divisions further comprise of the passenger cars, the commercial vehicles and the Power engineering business areas. The vision of The Volkswagen passenger cars is “Moving people and driving them forward”. The Group has a reputation of owning big car names like Volkswagen Passenger Cars, Audi, SEAT, Skoda, etc. In the year 2017, the company achieved a new record by delivering 1.07 crores vehicles worldwide. With its employee strength of around 6,42,300 the group is one of the largest employers in private sector and one of the top car brands across the globe. In the previous fiscal year, the sales revenue of the firm stood at 230.7 billion euro which is an increase by 6.2% year-on-year. The sales of Volkswagen passenger cars in 2017 totaled 3.6 million vehicles as compared to 4.3 million of the previous year. The decline was mainly because of the reclassification of the companies in the group. However, during the same period the company produced 6.3 million vehicles which was 4 % more than the previous year. In August,2017 the company rolled out its 150 millionth vehicle from assembly line at Volkswagen’s main plant in Wolfsburg. The company has launched its "TOGETHER – Strategy 2025" future program in order to transform its automotive core business and will among other things be launching a further 30-plus fully electric cars by 2025.
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