Top 10 World's Largest Automobile Manufacturing Companies

Explore the top 10 largest automobile manufacturing companies worldwide, known for their significant market presence and innovative contributions to the automotive industry. These companies lead in production capacity, technological advancements, and global influence, shaping the future of transportation. Learn about their key achievements, market impact, and how they continue to set benchmarks in the automobile sector. Whether you're an industry enthusiast or looking for market insights, this list offers a comprehensive overview of the automotive giants.

Boston Brand Media brings you the latest news - The automotive industry has expanded significantly over the years, becoming a well-established and mature sector. Innovations and advancements in vehicle manufacturing have propelled the industry's growth, making it highly profitable. Automobile companies have played a crucial role in boosting the global economy by generating employment, paying substantial taxes, and earning considerable foreign exchange. Numerous automobile manufacturers produce vehicles in large quantities worldwide.

In this article, we present a list of the top 10 largest automobile manufacturing companies globally.

1) Tata Motors:

Tata Motors is Asia's largest and the world's 17th largest automobile manufacturer. The company is renowned for producing cars, trucks, vans, coaches, and more. In 2017, Tata Motors recorded the highest sales and gained widespread popularity across the country.

The company is dedicated to anticipating market needs and delivering top-notch commercial and passenger vehicles worldwide, along with exceptional customer experiences.

Key facts:

TATA MOTORS Established: 1945

Employee Strength: 60,000

Company Turnover; $42 Billion

Vehicles Sold: >9 Million

Sales & Service Points: >6, 600

Tata Motors vehicles are present on and off-road in over 175 countries worldwide. The company manufactures cars, buses, and trucks at 20 locations globally, with seven facilities in India and the remaining in the UK, South Korea, Thailand, South Africa, and Indonesia.

2) Mahindra & Mahindra Ltd:

Mahindra & Mahindra Ltd is a global federation of companies with a revenue of US $19 billion. It is the world's largest tractor manufacturer and India's second-largest vehicle manufacturer. Mahindra & Mahindra is India's leading SUV manufacturer, producing two-wheelers, buses, pickups, tempos, trucks, and commercial vehicles.

The company is committed to investing in technology and expanding its global presence. Mahindra & Mahindra aims to increase both the quantity and quality of its output, focusing on manufacturing excellence. It has created numerous industry-leading and category-defining brands.

3) Maruti Suzuki:

Maruti Suzuki revolutionized the automobile industry. As one of the oldest companies specializing in car production, it has manufactured popular models like Alto, Omni, and Estilo. The company's total annual production capacity is approximately 1,450,000 units.

Maruti Suzuki's mission is to provide a car for every individual, family, need, budget, and way of life. To achieve this, it offers 15 brands and over 150 variants, ranging from the Alto 800 to the Life Utility Vehicle Maruti Suzuki Ertiga.

4) Hero MotoCorp Ltd:

Hero MotoCorp Ltd is one of India's top companies and the world's largest manufacturer of two-wheelers. Formerly known as Hero Honda Motors Ltd, it reached the milestone of being India's largest two-wheeler manufacturer in 2001 and became the world's top two-wheeler company in terms of unit volume sales within a calendar year. Hero MotoCorp's two-wheelers are produced across four manufacturing facilities that meet global standards.

5) Bajaj Auto Limited:

Bajaj Auto Limited is one of the leading business conglomerates, with its flagship company, Bajaj Auto, ranked as the world's fourth-largest manufacturer of three-wheelers and two-wheelers.

The Bajaj brand is well-known in several regions, including Latin America, Africa, the Middle East, and South and Southeast Asia. Their flagship products include the Chetak scooters, which were top sellers in the Indian market. The company also produces the popular Pulsar bikes and continues to innovate in this segment.

6) Toyota Motor Corporation:

Toyota Motor Corporation is one of the world's leading automobile manufacturers. The company designs, manufactures, and markets a diverse range of vehicles, including SUVs, minivans, luxury and sport utility vehicles, trucks, and buses.

Toyota also has subsidiary companies like Daihatsu Motor, which produces mini-vehicles, and Hino Motors, which manufactures buses and trucks. Toyota engines are equipped with either traditional combustion or hybrid technology, such as the engines used in the Prius.

7) Chevrolet:

Chevrolet is an American division of General Motors. The company offers a wide array of products, including trucks, automobiles, and commercial vehicles. Its services encompass oil changes, vehicle insurance, financing, sales, and repairs. Known for being a car brand that caters to various needs and budgets, Chevrolet's vehicle range includes subcompact cars and medium-duty commercial trucks, among others.

8) MITSUBISHI MOTORS CORPORATION:

Mitsubishi Motors Corporation develops, designs, manufactures, sells, and purchases automobiles and their components, including replacement parts and accessories.

Mitsubishi enhances factory productivity and quality, ensuring efficient manufacturing processes. Additionally, the company boasts an extensive global service network, offering direct communication and comprehensive support to customers.

9) Honda Motor Co Ltd. Company:

Honda Motor Co., Ltd. is a world-leading automaker and the largest motorcycle producer globally. Its motorcycle lineup ranges from superbikes to scooters, and the company also manufactures personal watercraft and ATVs.

Honda offers seven luxury vehicle models, along with SUVs and other types of vehicles. The company also produces Honda Power products and machinery, including snow blowers, tillers, lawn mowers, outboard motors, and portable generators. Customers prefer Honda machines for their engine quality, durability, and fuel efficiency.

10) Ford Motor Company:

Ford Motor Company is one of the world's leading automobile manufacturers, ranking high among the top automobile companies. Some of its most notable brands include Lincoln, Taurus, Focus, Mustang, and Fiesta.

Ford's Lincoln brand is known for luxury, while its other brands excel in sports and off-road performance. Historically, Ford has also produced some of the best trucks, buses, and tractors.

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Source: automotive‍