What are the top 10 luxury car brands ( 2019)

The car companies also known as automotive manufacturers is one of the world’s most important economic sector by revenue. These top car brands includes a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles, some of them are called automakers. The best car companies in the world sell a range of vehicles like sedans, hatchbacks, SUVs, trucks, buses etc.

The list of top car brands in the world include Toyota, Volkswagen, Daimler, GM followed by Ford, Honda, SAIC, BMW etc. Here is a list of the top 10 car brands in the world 2019.

3. Daimler

Daimler AG is one of the world’s biggest producer and supplier of premium cars and commercial vehicles all around the world.

The company has strong presence through Mercedes-Benz passenger vehicles, Daimler Trucks, Vans, Buses and Financial Services the company has its global presence in multiple domains. The company, Mercedes-Benz is also a specialist in all-terrain four wheel drive brands. In the year 2017, the company sales risen to 3.3 million altogether with Mercedes Benz accounting for 2.4 million of them which is more than ever before. The company recorded a revenue of 163.4 billion euros, again showing a jump of 7 percent as compared to the previous year. China has been one of the core reason for this remarkable performance by the group which saw a 28 percent rise in the sale of Mercedes-Benz. The company also performed exceedingly well in electric cars segment as 136,000 electric smart models were sold worldwide. Mercedes-Benz Cars also sets an unprecedented series of record of increasing
Revenue (Bn $): 198

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.
Revenue (Bn $): 272

1. Volkswagen

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.

Revenue (Bn $): 280

#Top10CarBrandintheWorld
#CarBrand
#Volkswagen
#Toyota
#Daimler
#FordMotor
#GeneralMotors
#HondaMotors
#SAIC
#FiatChrysler
#BMW
#NissanMotor
#GreatOne