Top 5 Richest Car Companies In The World

Hello, my viewer. Welcome to my another Top 5 series blog. In this post, I will share with you guys top 5 richest car companies in the world. These companies and organization are involved in the design, development, manufacturing and selling of motor vehicles. The automobile sector is one of the important economic sectors in the world. Billions of dollars is generated annually throughout the globe just from the automobile sector. These are the companies: 

(source: Google)

5. Honda Motor Co.

Honda market capitalization is USD 57.48 billion. Most Honda cars are produced in the United States. They able to sold over 5 million cars in 2017. The company was founded in 1949 and went to United States in 1959.

( source: Google)

4. Daimler

 Their market capitalization is USD  68.50 billion. They sold over 3 million cars each year. Daimler's headquarter sat in the country Germany. The Daimler is the largest manufacturer of trucks in the world. Daimler joined forces with Karl Benz to form what we all know as Mercedes Benz today. Most of elite people drove Mercedes Benz this day.

( source: Google)

3. BMW

BMW market capitalization of USD 71.1 billion. BMW was founded in 1916 and they sell a good number of cars each year. In 2017, they sold over 2 million car and it also lead all other companies in the production of premium car and motorcycles.

(source: Google)

2. Volkswagen

The german company market capitalization of USD 95 billion. The companies sold over 10 million throughout the world in 2017.

( source : Google)

1. Toyota Motor Corporation

They have market capitalization of USD 199 billion. Toyota is four times as large as Tesla . Toyoda is the founder of Toyota. Toyota have received an award  for being the vehicle to last the longest. Toyota went to America in 1957 and they have created over 300,000 jobs in the United States. They invest USD 1 million every hour to develop and research within their company.

(source: Google)