The market value of the largest car companies in the world 2021, there has been a global change in the field of manufacturing and selling cars in the past years due to the issuance of electric cars in the markets, and this change may reach the production of self-driving cars, and despite what the world has gone through from the spread of the Corona virus, but the car companies It was only slightly affected in terms of reduced sales but continued to earn profits, we continue to provide you with information on the market value of the 11 largest car companies in the world.
Tesla Corporation
This company is the largest car company by market value in the world, although it sells fewer traditional and globally known companies such as Toyota, Ford and Volkswagen, as the scales have changed and their market rankings have fallen.
Tesla’s production of electric cars amounted to about 103,000 cars, but about 90,650 cars went into the market during the second quarter of last year 2020.
Tesla has a market capitalization of $834.2 billion, and a profit of 240 percent by the end of 2020.
Toyota Corporation
The market value of the Japanese company Toyota is about $213.8 billion. The company made profits of 3.3 million cars during the first half of last year, then the company reduced the production rate by about 10% and then gradually increased it due to the economic crisis resulting from the Corona virus.
Volkswagen Volix vagan
The German company Volkswagen combines 12 well-known brands from several countries such as Audi, Lamborghini and Skoda. The company was greatly affected by the repercussions of the Corona crisis, as there was a decrease in sales in China by about 1% during the past year.
The percentage of sales of the company’s vehicles reached two million cars, which means that the production rate decreased by 600,000 cars from 2019, meaning that its market values setled at 103.8 billion dollars.
Daimler Corporation
Daimler is ranked fourth in terms of market capitalization with an estimated financial rate of $61.7 billion.
The company achieved a sales rate that broke the limit of 400,000 cars, and Mercedes-Benz and electric cars were the most sought after and made their name rise again.
General Motors Corporation
The market value of the company reached about 61.6 billion dollars. General Motors produced 492,489 cars of various brands, the most famous of which are Chevrolet and Cadillac, and the company is preparing to launch an integrated electric Chevy car.
Ferrari
It is one of the lucky companies that managed to achieve a 5% increase in sales during the first quarter of last year 2020, with an estimated market value of $54.9 billion.
Hyundai
The market value of the famous car company Hyundai increased by 20% after it announced its partnership with Apple, and profits broke the $50.7 billion barrier.
Honda Motor Company
The Japanese company Honda ranks fifth in terms of market value estimated at $48.8 billion. Honda sold 77,580,000 cars during the month of March 2020.
BMW company BMW
BMW profits stabilized at 45.5 billion dollars after changes in the sales map in the auto markets and intense competition among other companies.
FIAT
The Italian company Fiat is ranked tenth in terms of sales among the top selling car companies in the world, with a market value of 36.0 billion dollars, and the company seeks to develop and produce a group of hybrid and electric cars during the next year 2022 .
KIA Corporation
KIA is ranked last among the global car companies in terms of profit from sales, and the market value of Kia is about 27.4 billion dollars.
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