Top 10 Automotive Companies by Revenue in 2019

by Nicolae Buldumac
· 16/04/2019 10:57 · 6 min read
Top 10 Automotive Companies by Revenue in 2019

Since the economic crisis, the automotive industry has witnessed a stable 10-year growth, especially in the US and China. In 2019 only, 91.8 million vehicles were produced worldwide. However, this figure shows a 5% decline from the previous year and for that reason 2019 is the time when the ascending trendline is breached. At the beginning of 2020, hopes were high that the industry will resume its uptrend, yet the current events might strongly impede meeting these assumptions.

Initial impacts have been observed at the end of 2019 and January of 2020 as the largest part of the Chinese industry has followed the shutdown policy. A keen auto parts shortage occurred thereafter, putting a dent in the business. Regardless, as one of the world’s largest industries, it is expected that we stay resilient and live to see another day. 

If you are looking to read more about prominent worldwide automotive players, look no further than the top 10 automotive companies by revenue in 2019 compiled below by Global Database. It should provide enough insight as a starting point to picture an overall image of global standings and perhaps help to build your own assumptions about upcoming trends.

  1. Volkswagen Group - $278.34B

  2. Toyota Motor Corporation - $272.61B

  3. Daimler AG - $197.52B

  4. Ford Motor Company - $160.34B

  5. General Motors Company - $147.05B

  6. Honda Motor Company, Ltd. - $143.3B

  7. SAIC Motor Corporation Limited - $136.4B

  8. Bayerische Motoren Werke AG - $115.04B

  9. Nissan Motor Co., Ltd. - $104.39B

  10. Robert Bosch GmbH - $92.6B

*All figures are in USD. B: Billions of USD

 

1.Volkswagen Group - $278.34B

Volkswagen Group takes away the first spot on our top 10 automotive companies by revenue in 2019 due to snagging an outstanding $278.34B revenue mark. In addition, it boasts having the largest market share in Europe in the same year. This automotive company headquartered in Wolfsburg pushes out auto vehicles, motorcycles, engines, and turbomachinery from its conveyor belts. There are quite a few marques under the Volkswagen Group wing but the leading one, no surprise here, is “Volkswagen” - the people’s car. 

 

2.Toyota Motor Corporation - $272.61B

Toyota Motor Corporation, coming all the way from Aichi, Japan, is the second strongest contender in our list of the largest automotive businesses by sales in 2019. It is a leading force to be reckoned with in terms of hybrid electric vehicles and hydrogen fuel-cell technology besides traditional combustion engines. Their influence is disseminated across five brands including Toyota, renowned for its remarkable customizable 2JZ engine embargoed for going too fast. The company started from being a separate department under Kiichiros Toyoda’s father’s Toyota Industries. In 2019, reported revenues were $272.61B.

 

3.Daimler AG - $197.52B

Daimler AG (further Daimler) might not be as familiar a name to everyone but one of its subsidiaries, Mercedes, sure does ring the bells. The Daimler office stands tall in Stuttgart, Baden-Württemberg, with the company’s origins dating back to a merger in 1926. It also went through two name changes as it got together and fell out with the Chrysler Corporation. While it’s only thirteenth car manufacturer by unit sales, Daimler seizes the $197.52B revenue feat, hence the third place on our list of top 10 companies of the automotive industry in 2019.

[[form]]

4.Ford Motor Company - $160.34B

Ford Motor Company (further Ford) is an American automotive-focused business headquartered in Michigan. It was founded in 1903 by none-other Henry Ford, the father of the assembly lines. As a multinational automaker today, it sells automobiles under the Ford brand and luxury cars under the Lincoln brand, and hires about 190 thousand employees. In 2019 it ranked 5th in unit sales and yielded close to $160.34B in revenue.

 

5.General Motors Company - $147.05B

General Motors Company (further GM) is yet another American corporation involved in creating and distributing vehicles and vehicle parts accompanied by a series of financial services. It holds the title of largest American automobile manufacturer coming in third by unit sales on the global rankings. In addition to its twelve brands, it has a staggering amount of joint-ventures across multiple countries. Employing the efforts of 164,000 workers has been one of the deciding factors in generating $147.05B revenue in 2019, hence the 5th place in our top automotive industry businesses.

 

6.Honda Motor Company, Ltd. - $143.3B

Honda Motor Company, Ltd. (further Honda) is a Japanese conglomerate delving into quite the advanced portfolio of products next to its main focus of automobiles and motorcycles. The company’s history stems from its founder’s arduous infatuation with cars, starting off with creating piston rings for Toyota. As is usual, hard work pays off, topping with Honda ranking 8th largest car manufacturer by unit produced boasting $143.3B in revenue at the end of 2019, hence the 6th spot on our top automotive companies in 2019./>

 

7.SAIC Motor Corporation Limited - $136.4B

SAIC Motor Corporation Limited (further SAIC) is a Chinese automotive company and is part of the “Big Four” local automakers. While SAIC’s history verses date to the beginnings of World War 2, it has managed to become a prominent force only recently. The business is also involved in joint ventures with two other contenders on our top 10 automotive companies by revenue, namely Volkswagen and General Motors. As of 2019, SAIC employed almost 148 thousand people and reported $136.4B in generated revenue.

 

8.Bayerische Motoren Werke AG - $115.04B

Bayerische Motoren Werke AG (further BMW) is yet another German automotive powerhouse on our top automotive companies by revenue in 2019, overseeing its business from Munich. BMW markets its automobile efforts under the BMW, Mini and Rolls-Royce brands. It was founded in 1916, having not cars on its production line but aircraft engines. Only come the end of World War One it switched to motorcycle engines, farm equipment, and household items. As 2019 wrapped up, BMW declared $115.04B in revenue.

 

9.Nissan Motor Co., Ltd. - $104.39B

Nissan Motor Co., Ltd. (further Nissan) is a contender sailing from Japan, headquartered in Yokohama. Although starting under a different name, Nissan’s history can be traced back to 1911 as Japan's first in manufacturing automobiles. Today’s efforts are driven by the three brands: Nissan, Infinity, and Datsun, and it’s also involved in the Renault-Nissan-Mitsubishi Alliance. Come the end of 2019, with the help of over 148 thousand employees, Nissan snatched the sixth place by units produced on the largest car manufacturer worldwide list and reported $104.39B in revenue.

 

10.Robert Bosch GmbH - $92.6B

Robert Bosch GmbH (further Bosch) reinforces the rows of German automotive companies as the last spot on our list. In contrast to the other contenders, Bosch does not manufacture auto vehicles but instead segments its activity across four business sectors: mobility (accounting for about 60% of the company’s sales), consumer goods, industrial technology, energy and building technology. Setting off as a workshop back in 1886, Bosch has become a reckoning force in their line of work. The company has closed 2019 on a successful revenue mark of $92.6B, thusly making it in our top 10 automotive industry companies by revenue in 2019.

Have a look at the top 10 automotive companies in 2019 that have come out on top despite the stall in figures. Learn about their definitive accomplishments and possible standing in the v shaped recovery come following years.

Since the economic crisis, the automotive industry has witnessed a stable 10-year growth, especially in the US and China. In 2019 only, 91.8 million vehicles were produced worldwide. However, this figure shows a 5% decline from the previous year and for that reason 2019 is the time when the ascending trendline is breached. At the beginning of 2020, hopes were high that the industry will resume its uptrend, yet the current events might strongly impede meeting these assumptions.

Initial impacts have been observed at the end of 2019 and January of 2020 as the largest part of the Chinese industry has followed the shutdown policy. A keen auto parts shortage occurred thereafter, putting a dent in the business. Regardless, as one of the world’s largest industries, it is expected that we stay resilient and live to see another day. 

If you are looking to read more about prominent worldwide automotive players, look no further than the top 10 automotive companies by revenue in 2019 compiled below by Global Database. It should provide enough insight as a starting point to picture an overall image of global standings and perhaps help to build your own assumptions about upcoming trends.

Related posts

Top 20 Companies in the UK with taxpayer as a shareholder
Top GDB companies8 min read

Top 20 Companies in the UK with taxpayer as a shareholder

In the dynamic landscape of corporate ownership, the presence of taxpayer shareholders in some of the UK's top companies stands as a testament to the intricate relationship between the public and private sectors. This unique phenomenon reflects a shared responsibility toward the nation's economic well-being, intertwining the interests of the government and individual citizens with prominent business entities.
Top 20 Logistics Companies in UK
Top GDB companies8 min read

Top 20 Logistics Companies in UK

In the intricate web of global commerce, the backbone that ensures the seamless flow of goods from point A to point B is woven by the top logistics companies in the UK. These industry leaders stand at the forefront of a dynamic and ever-evolving sector, orchestrating the intricate dance of supply chains with precision and efficiency.
Top 20 Agriculture Companies in UK
Top GDB companies8 min read

Top 20 Agriculture Companies in UK

Embark on a journey into the heart of the United Kingdom's agricultural landscape, where innovation, sustainability, and a deep-rooted connection to the land define the top Agriculture Companies.
Top 20 Education Companies in UK
Top GDB companies8 min read

Top 20 Education Companies in UK

In the dynamic landscape of education, the United Kingdom boasts a vibrant array of companies that play pivotal roles in shaping the learning ecosystem.
Top 20 Information and Communication Companies in UK
Top GDB companies8 min read

Top 20 Information and Communication Companies in UK

In the ever-evolving landscape of technology, the United Kingdom stands as a dynamic hub for innovation, home to a spectrum of Information and Communication companies that redefine the boundaries of what is possible.
Top 20 Manufacturing Companies in UK
Top GDB companies5 min read

Top 20 Manufacturing Companies in UK

In the heart of industrial prowess, the United Kingdom stands as a stronghold of manufacturing excellence, boasting a vibrant landscape of companies that form the backbone of the nation's industrial might.
Top 25 companies in Ireland by Sales in 2022
Top GDB companies10 min read

Top 25 companies in Ireland by Sales in 2022

The Republic of Ireland showed the highest economic growth in Europe in 2018. Local and multinational companies of different provenience peacefully coexist on the Irish market and move its economy forward, as our rating shows. This proves its tax policy is really attractive for new businesses and makes this country worth investing. Why don’t you be that investor?
TOP 30 Companies in UK by Revenue in 2022
Top GDB companies10 min read

TOP 30 Companies in UK by Revenue in 2022

2021 was a relatively good year for top UK businesses; However, turbulent times are ahead of everyone, and they will surely affect companies in London, let's see where things stand according to FY2021 reports - GlobalDatabase.com
Top 25 CRM companies by revenue in 2022
Top GDB companies5-7 min read

Top 25 CRM companies by revenue in 2022

In the rapidly evolving landscape of modern business, Customer Relationship Management (CRM) solutions have become indispensable tools, empowering enterprises to navigate complex customer interactions, streamline operations, and drive overall growth