Cars are nothing short of a necessity these days. No matter how much our technology evolved over the past century, one thing has remained constant, and that thing is that we need cars to get around. Ever since the first ones were invented and people were throwing up because they roared up to the amazing speed of 20 mph, we have loved and hated cars. Nevertheless, most of us use them every day of our lives. Even people who don’t own cars use them, in a way, if they take a bus to go to work.
Given that people use them this much, it is no surprise that car companies are some of the most valuable in the world. Here are the 10 wealthiest ones.
When someone says the word Porsche, you immediately think of comfort and some sort of amazing car that most of us will probably never be able to afford. With that in mind, no one should be blamed for thinking Porsche would be ranked higher on this list than it actually was. Still, the fact that not many people can actually afford a Porsche is why the company is only rounding out our top 10.
A position that is still enviable since the company is worth a ridiculous $10.7 billion according to Interbrand. So, don’t worry, even though not everyone is driving a Porsche around, they are still doing pretty well.
The first German giant on our list, Audi is another company that prides itself in putting out some of the most luxurious cars we have on the market. And in contrast to our previous entry, the prices you are going to find an Audi going for are not as astounding. Depending on where you live, you might be able to score a brand-new Audi sedan for a little over $30,000.
Although this German company swings far to the other side as well, selling luxury cars such as the 2020 Audi R8 Spyder starting at prices north of $180,000. It is a company that has been growing over the years and is showing no signs of slowing down, being valued at over $12.1 billion.
Staying in Germany for our next entry, Volkswagen is one of the most historic automobile companies in the world. Sure, they might want to stay away from the propaganda that it was a company founded in the 1930s by a Nazi labor union, but their long history means that they have been in the market for as long as anyone and they really know what they are doing.
They know it so well that their value is somewhere north of $12.2 billion. Does anyone think that the people who founded this company thought it would be worth anything of this sort? Probably not, people back in the 1930s probably didn’t even think tens of billions of dollars could be a real value of a company.
From Germany, we will now travel all across Europe and Asia to find the land of the rising sun, and the home of our next entry. Nissan is a worldwide powerhouse that was founded more than 85 years ago in Japan. The company is worth more than $12.2 billion and has been rising in stock considerably over the past few years.
As a worldwide company, Nissan does serve a worldwide market, which explains a lot of their product choices and the ridiculous amount of revenue they pull in every year. The company produces anything from pickup trucks to electric vehicles and, given their ingenuity, they are probably going to keep innovating for as long as they can.
Still in Asia, but not as far east as Japan, our next stop in this search for wealthy car companies is Korea, the home of Hyundai. One of the fastest growing car companies in the world, it is also one of the most popular all around the globe these days. Europe, North America, South America, name a country anywhere in the world and there is a good chance you will find a Hyundai driving around somewhere down there.
Their cars are unbelievably accessible in terms of prices and they are also very fuel-efficient, which certainly helps the brand propaganda and sales numbers. You could buy a Hyundai hybrid for as low as $22,000. That is one of the reasons why the company is worth more than $13.5 billion.
This is one entry a lot of people were probably waiting for. You don’t get more classic than Ford. Founded by Henry Ford himself in 1903, this is one company you will have a hard time finding a person anywhere in the world who hasn’t heard of it. Seriously, as soon as you hear the name you can almost immediately imagine the sound of a truck engine coming to life.
This juggernaut has a ridiculous production capability as they put out more than 6.6 million vehicles in 2017. It is no surprise that they are one of the most valuable companies in the world and are worth almost $14 billion.
Once again back to Japan, the next company on our list is Honda. The number here might be a little skewed because Honda does not only manufacture cars. No, they make quite a lot of money out of motorcycles, scooters, and even jet engines. Yeah, this is really one hell of a company when it comes to producing things that need an engine to run.
Nevertheless, Honda is a world brand and it is worth such, tallying up to a figure north of $23.6 billion. They have been producing quite a lot of cars, but when it comes to humanity’s future, Honda is also at the forefront. The company delves in areas as interesting as artificial intelligence and robotics.
We have finally arrived at our top three, and they could not be any different. Most of the companies on this list were either German or Japanese, and the top three are nothing different from that. Our top three has two German companies and one Japanese manufacturer. Number three comes from Germany and it is the Bavarian Motor Works, a.k.a. BMW.
Founded back in 1916, this German giant is now worth a ridiculous $41 billion. No, you did not read that wrong, BMW is worth $41 billion. Just to give you a good idea of the kind of profits this company makes, in 2018, their company value was supposedly higher than Disney’s.
2 Mercedes Benz
The runner-up on our list is also a German company, but the difference in worth between number three and number two is something crazy. By crazy, we mean it is almost an $8 billion difference in value. Mercedes-Benz is one of the most valuable brands in the world, and that number is supposed to be north of $48.6 billion.
A brand that is synonymous to class and comfort, Mercedes sure put in a lot of work to become the giant that they are today. Arguably the biggest premium vehicle-selling brand in the world, Mercedes has been around for more than 90 years.
Since number three and number two were German companies, you already knew that number one was going to come from Japan. And if you are the kind of person who looks around a lot when they are walking or driving down the street, you probably had a good idea that the number one place on this list would undoubtedly go to Toyota. They are one of the most accessible brands and they produce some of the best cars in the business.
Seriously, those things run forever. That’s why they are used in war zones. But grim humor aside, Toyota is worth more than $53.4 billion and is by far the wealthiest car manufacturer in the world.