Top 20 Biggest Car Manufacturers by 2023 RevenueThe list is in reverse sequence, the largest automakers at the bottom. Interesting to see #1 is still Volkswagen, so it would be pretty cool if they are the major player under NDA with Exro. Here's it is, copied just now from a website and cleaned up to eliminate advertisments etc..
Top 20 Biggest Car Manufacturers by 2023 Revenue
20. Renault SA (EPA:RNO)
Revenue: $55.15 Billion
First up on our list of top 20 biggest car manufacturers by 2023 revenue is Renault SA (EPA:RNO). Renault SA (EPA:RNO) is a French multinational automobile manufacturer with a presence in more than 100 countries. The company has a trailing twelve-month revenue of $55.15 billion, as of June 30, 2023.
19. Zhejiang Geely Holding Group
Revenue: $60.39 Billion
Zhejiang Geely Holding Group, or simply Geely, is a multinational automotive company that is privately held by Chinese billionaire entrepreneur Li Shufu. Zhejiang Geely Holding Group generated an annual revenue of $60.39 billion in 2022.
18. Beijing Automotive Group
Revenue: $67.28 Billion
Beijing Automotive Group, also known as BAIC Group, is a state-owned automobile manufacturer in China. As one of the largest Government-owned automobile manufacturing corporations in China, the Beijing Automotive Group generated an annual revenue of $67.28 billion in 2022.
17. Dongfeng Motor Corporation
Revenue: $68.42 Billion
Dongfeng Motor Corporation is one of the "Big Four" state-owned car manufacturers of China. As one of the biggest car producers in China, the corporation manufactures more than 3.5 million cars every year. Dongfeng Motor Corporation generated an annual revenue of $68.42 billion in 2022.
16. Kia Corporation (KRX:000270)
Revenue: $72.94 Billion
Kia Corporation (KRX:000270) is a multinational automobile manufacturer based in South Korea, where it is the second largest car manufacturer. Kia Corporation (KRX:000270) has a trailing twelve-month revenue of $72.94 billion, as of June 30, 2023.
15. BYD Company Limited (SHE:002594)
Revenue: $76.6 Billion
BYD Company Limited (SHE:002594) is a Chinese conglomerate manufacturing company that produces passenger cars as part of its business. It has two major subsidiaries, BYD Auto and BYD Electronic. BYD Company Limited (SHE:002594) has a trailing twelve-month revenue of $76.6 billion, as of June 30, 2023.
14. Guangzhou Automobile Industry Group
Revenue: $77.34 Billion
Guangzhou Automobile Industry Group is a Chinese state-owned joint stock holding company that owns a number of car manufacturers in China. As one of the top automobile companies in the world by sales, Guangzhou Automobile Industry Group generated an annual revenue of $77.34 billion in 2022.
13. Nissan Motor Co Ltd (TYO:7201)
Revenue: $83.11 Billion
Nissan Motor Co Ltd (TYO:7201), commonly known as Nissan, is a Japanese multinational automobile manufacturer that designs, produces and sells cars to customers all over the world. Nissan Motor Co Ltd (TYO:7201) has a trailing twelve-month revenue of $83.11 billion, as of June 30, 2023.
12. China FAW Group
Revenue: $87.68 Billion
China FAW Group is one of the "Big Four" state-owned car manufacturers of China. With an annual revenue of $87.68 billion in 2022, the Chinese state-owned automobile manufacturer ranks at the number 12 spot on our list of top 20 biggest car manufacturers by revenue.
11. Tesla Inc. (NASDAQ:TSLA)
Revenue: $94.03 Billion
Tesla Inc. (NASDAQ:TSLA) is an American multinational automotive company that designs and manufactures electric vehicles. It is one of the leading car manufacturers that is working on accelerating the world's transition to sustainable energy. Tesla Inc. (NASDAQ:TSLA) has a trailing twelve-month revenue of $94.03 billion, as of June 30, 2023.
Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), and Toyota Motor Corporation (NYSE:TM) are some of the other prominent names in the car manufacturing industry that are constantly innovating.
10. SAIC Motor Corporation Limited (SHA:600104)
Revenue: $103.22 Billion
SAIC Motor Corporation Limited (SHA:600104) is a Chinese state-owned automobile manufacturing corporation. It is the biggest car manufacturer in the Chinese automobile industry. SAIC Motor Corporation Limited (SHA:600104) has a trailing twelve-month revenue of $103.22 billion, and with that it ranks among the top 10 biggest car manufacturers by 2023 revenue.
9. Hyundai Motor Company (KRX:005380)
Revenue: $118.37 Billion
Hyundai Motor Company (KRX:005380) is a South Korean multinational automotive manufacturer. The company also operates the world's largest integrated automobile manufacturing facility, which is located in Ulsan, South Korea. Hyundai Motor Company (KRX:005380) has a trailing twelve-month revenue of $118.37 billion, as of June 30, 2023.
8. Honda Motor Co Ltd (NYSE:HMC)
Revenue: $129.18 Billion
Honda Motor Co Ltd (NYSE:HMC) is a Japanese multinational conglomerate and one of the biggest manufacturers of cars, motorcycles, and power equipment. Honda Motor Co Ltd (NYSE:HMC) is also the proud parent of Acura, its dedicated luxury brand. With a trailing twelve-month revenue of $129.18 billion, as of June 30, 2023, Honda Motor Co Ltd (NYSE:HMC) ranks high among the top biggest car manufacturers by 2023 revenue.
7. Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW)
Revenue: $158.03 Billion
Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) is a German multinational manufacturer of premium vehicles and motorcycles. Cars are marketed under the brands Mini, Rolls-Royce and BMW. Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) has a trailing twelve-month revenue of $158.03 billion, as of June 30, 2023.
6. Mercedes-Benz Group AG (ETR:MBG)
Revenue: $161.91 Billion
Mercedes-Benz Group AG (ETR:MBG) is a German multinational automotive corporation as well as one of the world’s leading suppliers of high-end passenger cars and premium vans. Mercedes-Benz Group AG (ETR:MBG) has a trailing twelve-month revenue of $161.91 billion, as of June 30, 2023, and ranks among the world’s most successful automotive companies.
5. General Motors Company (NYSE:GM)
Revenue: $169.73 Billion
General Motors Company (NYSE:GM) is an American multinational automotive manufacturing company that owns and operates various brands including Cadillac, Chevrolet, and GMC. As one of the top 5 biggest car manufacturers by 2023 revenue, General Motors Company (NYSE:GM) has a trailing twelve-month revenue of $169.73 billion, as of June 30, 2023.
4. Ford Motor Company (NYSE:F)
Revenue: $169.82 Billion
Founded by Henry Ford in 1903, Ford Motor Company (NYSE:F) is now one of the largest auto manufacturers in the world. Ford Motor Company (NYSE:F) manufactures a diverse lineup of cars, trucks, and SUVs. The company has a trailing twelve-month revenue of $169.82 billion, as of June 30, 2023.
3. Stellantis N.V. (NYSE:STLA)
Revenue: $200.92 Billion
Stellantis N.V. (NYSE:STLA) ranks among the top 3 in our list of top 20 biggest car manufacturers by 2023 revenue. Headquartered in Amsterdam, this multinational automotive corporation came into being after the merger of Italian Fiat Chrysler Automobiles and the French PSA Group. Stellantis N.V. (NYSE:STLA) has a trailing twelve-month revenue of $200.92 billion, as of June 30, 2023.
2. Toyota Motor Corporation (NYSE:TM)
Revenue: $286.15 Billion
Based in Japan, Toyota Motor Corporation (NYSE:TM) is one of the top vehicle manufacturers in the world. The company manufactures more than 10 million vehicles per year. Toyota Motor Corporation (NYSE:TM) has a trailing twelve-month revenue of $286.15 billion, as of June 30, 2023.
1. Volkswagen (ETR:VOW3)
Revenue: $318.32 Billion
Volkswagen AG (ETR:VOW3) is a German automobile manufacturing corporation. With a trailing twelve-month revenue of $318.32 billion, as of June 30, 2023, it tops our list of top 20 biggest car manufacturers by 2023 revenue.