Since the invention of the wheel, the transportation time and style have improved significantly, and when the engine was invented it made transportation a whole lot better. Today, a person can see automobiles everywhere; it has become such a part and parcel of life that one cannot imagine life without it.
Today, some of the biggest and most popular names in business are from the automobile industry. Though over the course of time many automobile industries have popped up, some have risen to the top because of the quality service being provided by them. Here are the top 10 best and largest automobile companies in the world in 2018.
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First up is one of the most recognised names in the automobile industry. Suzuki was founded more than a century ago, in the year 1908, in Japan by Michio Suzuki and is currently headquartered in Hamamatsu. The company has its presence in around hundred and ninety countries and has production facilities in about twenty-three countries. The company employs around 45,000 people and generates yearly revenue of around twenty-five hundred billion yen. The company sold more than 2.5 million automobiles in the current year.
9. Fiat Chrysler Automobiles
The Fiat Chrysler Automobiles is the next company on the list. Though the company was officially established three years ago it had originally been Fiat S.P.A. The company currently has its headquarters in London, United Kingdom. The company is a multinational one serving the populations worldwide and conducting its business through more than two hundred thousand people. It has produced some of the best-known luxury and sports cars such as Dodge, Maserati, Alfa Romero etc. Today the company generates more than hundred billion Euros annually.
The Ford motor company or rather Ford as it is popularly known was founded by its founder of the same name Henry Ford in the year 1903 and has its current HQ at Detroit, United States. The company is more than a century old and has established itself as one of the biggest names in the automobile industry. The company sells luxury cars under the Lincoln Brand and also produces budget cars. Ford has an international reach and employs around two hundred thousand people. Currently, Ford generates a whopping hundred and fifty billion dollars as its annual revenue.
Hyundai has founded seventeen years ago in the year 2000 and has its current HQ at Seoul, South Korea and has become the largest car manufacturer in South Korea. Today Hyundai holds around thirty-three percent stakes in the Kia motors. Today the company owns around nine percent of the automobile industry market. Hyundai and Kia Motors have jointly sold more than eight million cars till date. With around more than two hundred and fifty thousand employees the company generates more than two hundred billion dollars of its yearly revenue.
The Toyota motor corporation was founded by Kiichiro Toyoda some eighty years ago in the year 1937 and has sold more than 16 million units in the current year. The company has its current HQ in Aichi, Japan. The company has more than five hundred and fifty subsidiaries and conducts its business via more than three hundred and sixty thousand employees. Currently, the company generates around twenty-eight trillion Yen as its yearly revenue.
5. Groupe PSA
The Groups PSA or PSA Group as it is known in English is a multinational European automobile company founded in the year 1976 and has its current headquarters in Paris, France. Over the course of its running time, it has become the third largest European automaker. They are a highly ambitious company and have been laying certain plans to expand their geographical reach by acquiring other car companies. Today the company employs around hundred and eighty thousand people and generates around fifty-four billion dollars. It has sold cars under the brand Peugeot, Citroen etc.
The Honda Motor Co. Ltd. was founded by Soichiro Honda and Take Fujisawa in the year 1948 and is currently headquartered in Tokyo Japan. They produce around fourteen million plus international combustion engines. With sheer hard world and dedication, this company has currently become the second largest producers of the automobile in Japan. Today Honda is one of the leading names in the industries. Currently, the company employs around two hundred thousand people and generates yearly revenue of around fourteen thousand billion Yen.
3. General Motors
Up next on the list is General Motors, having been founded in the year 1908 around one century ago. Today the company is headquartered in the heart of automobile industry business, Detroit, United Sates. In the previous year, they sold more than ten million products. They have been one of the leading firms in the business when it comes. The company is spread out across six continents and has around 396 offices and employs around two hundred and fifteen thousand people worldwide and generates a whopping hundred and sixty-six billion dollars in a year.
The Renault-Nissan automobile company is one of the leading names in the automobile business and has sold more than eight and a half vehicles in the previous year. The company was established some eighteen years ago. They control some of the major brands of automobiles in the world like Datsun, Alpine, Venucia, Dacia, Infiniti etc. Currently, the company generates more than billions in its sales as its yearly revenue and employs around four hundred and fifty thousand. The company has its current HQ at Amsterdam, Netherlands. It is slowly climbing to the top as more and more people are greeting aware of the benefits.
The Volkswagen automobile industry was founded in the year 1937 and was founded by German Labor Front. The name of the company is in Germany and it means “people’s car”. In the previous year, the company sold around six million units and generated annual revenue of more than two hundred billion Euros. The company employs more than six hundred and twenty thousand people worldwide and is the owner of some of the biggest brands in the automobile industry like Audi, Bentley, Bugatti, Lamborghini, Porsche etc.
Automobiles have been around for more than a century and have become a part of our life ever since. With the advent of technology, some of the most fuel-efficient and eco-friendly cars have been produced. Today, owning a car is an important part of everyone’s life and these companies provide some of the best quality products in the automobile industry.