Volkswagen Group, the World's Largest Car Producer in 2021

The ever-increasing demand for four-wheeled vehicles each year has led car manufacturers to compete in providing cars with various prices, designs, and specifications. Therefore, it's not surprising that the automotive industry is one with a large transaction value.

Based on threadinmotion.com, here are the ten largest car manufacturers in the world by current revenue.

1. Volkswagen Group (US$ 254.1 Billion or Rp 3,599 Trillion (Exchange rate Rp 14,164/US$))

This German automotive company ranks first as the largest car manufacturer this year with revenue reaching US$ 254.1 billion or Rp 3,599 trillion. The company owns brands such as Audi, Porsche, Bugatti, and Lamborghini. Volkswagen Group has successfully maintained the largest market share in Europe.

2. Toyota Motor (US$ 249.4 Billion or Rp 3,532 Trillion)

Toyota Motor is a Japanese automotive company headquartered in Toyota, Aichi. Besides producing cars, Toyota also provides financial services and manufactures robots.

3. Daimler (US$ 175.9 Billion or Rp 2,491 Trillion)

Daimler is a German automotive company. Daimler owns the brands Mercedes-Benz, Daimler, Western Star, and Fuso trucks. The company's production center and offices are located in Stuttgart.

4. Ford Motor (US$ 127.1 Billion or Rp 1,800 Trillion)

Ford Motor is an American company founded by Henry Ford in Michigan. The company sells cars and commercial vehicles under the Ford brand and luxury cars under the Lincoln brand.

5. General Motors (US$ 122.5 Billion or Rp 1,735 Trillion)

General Motors is the most popular car company in the United States after Ford. In addition to cars, this company also produces various types of trucks. The main brands owned by General Motors are GMC, Chevrolet, Cadillac, and Buick.

6. Honda Motor (US$ 121.8 Billion or Rp 1,725 Trillion)

Honda Motor is the largest Japanese automotive company after Toyota. Some well-known Honda car brands include Civic, Odyssey, and Accord. In Indonesia, Honda has the Brio, Jazz, and Mobilio brands, which are quite popular in the market.

7. BMW Group (US$ 112.8 Billion or Rp 1,597 Trillion)

Bayerische Motoren Werke or BMW is the next largest automotive company in Germany. BMW owns the Mini, BMW, and Rolls-Royce brands.

8. SAIC Motor (US$ 106.7 Billion or Rp 1,511 Trillion)

SAIC (Shanghai Automotive Industry Corporation) Motor is one of the top three Chinese car manufacturers. The company sells vehicles, spare parts, and also provides financing.

9. Stellantis (US$ 98.8 Billion or Rp 1,399 Trillion)

Stellantis is an automotive company headquartered in Amsterdam, Netherlands. Stellantis oversees various automotive brands from the United States, Italy, and France, such as Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.

10. Hyundai Motor (US$ 88.1 Billion or Rp 1,248 Trillion)

Hyundai Motor is the largest automotive company in South Korea. Hyundai aims to lead the era of pollution-free vehicles through the use of efficient fuel and the search for new energy.

(Read More: [List of Best-Selling Car Brands in September 2021, Toyota Champion])