There is a huge competition that is being witnessed inside the marketplaces among the companies of the automobile. There are vast numbers of companies who are stepping ahead in the first streamline in offering with the premium and best quality of the automobile vehicles that are being put together with the best of the features functioning. To know about the famous automobile companies in the world, here we will enlist down the top 5 largest automobile companies in the world.
1. Groupe PSA
Groupe PSA is known as one of the well-known automobile companies at the multinational level. This company was established in 1976. It has its present headquarters located in Paris. In the Europe market, this company has made itself come about to be one of the largest companies in the automobile category timeline.
2. Honda
Honda is standing at the 4th spot on our list! This company came into establishment by Soichiro Honda and Take Fujisawa. It was set up in 1948 in place of Tokyo as where its headquarter is also established. Until now they have come around with the establishment of almost 14 million international combustion engines.
3. General Motors
In the year 1908, General Motors’ company was established. This company has set up with its headquarter in place of Detroit, United States. In the last year, this company recorded the selling of almost ten million of the products. They have made themselves come across to be one of the leading firms in just the least period of their set up.
4. Renault-Nissan
The Renault-Nissan automobile company is the second largest automobile company in the world in 2018. 18 year back this company started with their journey. They are working in collaboration with some of the major brands such as Dacia, Alphonse, and Datsun.
5. Volkswagen
The Volkswagen automobile industry is ruling at the top of the list. This company was set up in the year 1937. It was founded by German Labor Front. They are working in collaboration with some of the major brands such as Audi, Porsche, and Bugatti.
6. Toyota Motor Corporation
Toyota was founded in 1937 by Kiichiro Toyoda at Toyota-shi, Japan as being the diversification from Toyoda Loom Works established by his father, Sakichi Toyoda. Toyota has been set with the annual production capacity of 10 million cars in 2012, and hence employs more than 365,000 professionals.
7. BMW
BMW is another top 10 automobile companies in the world with a global presence right into all the continents in the world. BMW was founded in 1916 by the supervision of Karl Rapp at Munich, Germany. This company is set with the annual revenue of almost $72 billion.
8. Daimler AG
Daimler did the yearly income of over $80 billion and was established in the year 1926 by Karl Benz and Gottlieb Daimler at Stuttgart, Germany. This company did manufacture around 3.3 million cars every year and had more than 289,000 employees working.
9. Tesla Inc.
Tesla is named to be the leading automobile manufacturing company that was founded in 2003 by the supervision of Martin Eberhard, Marc Tarpenning, Elon Musk, Ian Wright, and JB Straubel at Palo Alto, California, United States. This company do have the annual revenue of almost $12 billion in the year 2017.
10. Ford
This company was set up in the year 1903 by Henry Ford at Dearborn, Michigan, United States. This company has the production capacity of around 6.7 million cars and employs more than 200,000 personnel.
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