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The Largest Car Companies in the World (New)

The Largest Car Companies in the World (New): Volkswagen

The global auto industry is highly competitive, and it is dominated by companies in Europe, Japan, the United States, and South Korea.  Volkswagen, Toyota, and Daimler are the three leading passenger car manufacturers in the world.

In 2020, the Volkswagen Group, previously number one on our list, was replaced. Japanese automaker Toyota becomes the new No.1 and dethrones General Motors (GM) to become America’s top-selling automaker in 2021, ending General Motors’ 90-year domination of the market.

With 2022 shaping up to be another competitive year for the global auto industry, we’ve compiled a list of the world’s largest car companies (based on 2021 revenue).


The Largest Car Companies in the World
(2021 Ranking List)

2021 2020 Company Country
1 2 Toyota logoToyota Japan
2 1 Volkswagen logoVolkswagen Germany
3 3 Daimler logoDaimler Germany
4 4 Ford logoFord Motor United States
5 5 Honda Motor logoHonda Japan
6 6 General Motors logoGeneral Motors United States
7 8 BMW logoBMW Germany
8 7 SAIC Motor logoSAIC China
9 11 FAW logoFAW Group China
10 10 Hyundai logoHyundai South Korea
11 12 Dongfeng logoDongfeng China
12 9 Nissan logoNissan Japan
13 14 BAIC logoBAIC Group China
14 16 GAC Group logoGAC Group China
15 17 Kia logoKia South Korea
16 15 Renault logoRenault France
17 18 Geely logoGeely China
18 19 Volvo logoVolvo Sweden
19 20 Tata Motors logoTata India
20 N/A Tesla logoTesla United States
21 21 Suzuki Motors logoSuzuki Japan
22 22 Mazda Motors logoMazda Japan
23 23 Subaru logoSubaru Japan

Source: fortune.com/global500/

There’s a quiet revolution underway in the automotive world: the transition to low- and no-emission vehicles. After struggling to produce cars because of a global auto chip shortage, automakers are trying to move quickly to making electric vehicles.

Car companies have seen the future, and the future is electric cars . The key to winning the market is to have better products and services.

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