Cars are more than just a means to get from one place to another. Cars are a part of daily life. A car becomes a part of the family as time passes by. And above all, a car is a statement about who you are. It goes without saying that everyone would want a car which is good in all aspects.
Cars have been around for a long time. There was a time when cars were considered a luxury for people. However, as times have progressed, as economies have grown, and as new kinds of technologies have grown, cars have become basic necessities for daily lives. One cannot live without a car.
Knowing the best car brands is important. Be it an enthusiast or an aspiring buyer, the details about top brands should be known by all of us. Here is a list of top ten car companies in the world:
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Here are the Top 10 Best Car Companies in The World in 2017-2018
Suzuki is a multi-national corporation dealing in various kinds of motor vehicles. The first project on cars began in 1937. Since then Suzuki has become a people’s favorite. The Japanese automotive manufacturers make one of the best SUVs and MUVs. These cars are economical and durable. Suzuki has manufactured 2.85 million vehicles in the past year. The market share held by Suzuki stood at 3.9 percent in the whole world for the year 2016.
9. Groupe PSA
The French multinational-corporation is also known as PSA. The company was formerly known as PSA Peugeot Citroën. The company is one of the biggest brands for cars in Europe and is also listed on the Euronext Paris stock exchange. The company’s market share in 2016 was 3.6 percent.
8. Fiat Chrysler Automobiles (FCA)
Fiat Chrysler Automobiles (FCA) is presently ranked as the seventh largest auto manufacturing company and is an Italian based company. It was created in 2014 by merging Fiat automobiles for various tax purposes. Popular brands such as Jeep, Fiat, Chrysler, Alfa Romeo and Maserati fall under the brand FCA. The company sold 4.6 million units in the previous year alone. FCA’s market share for 2016 was 5.4 percent.
Honda is one of the most loved brands for cars all over the world. This Japanese company is primarily known for manufacturing cars. It was established in the year 1948. Honda became the second largest car manufacturer in Japan in the year 2001 and stood in the eighth rank in 2015 for the largest producers and manufacturers of cars. The car manufacturer produces one of the smoothest steered drives ranging from hatchbacks to SUVs. Honda manufactured 4.9 million units in last year. The market share of the company for 2016 stood at 5.4 percent.
Ford, the American registered company has been growing at a fast pace. Over the past year, the American company has shown tremendous growth. Ford Motor Company or simply Ford was established by Henry Ford in the year 1903. Ford, like Honda, makes all kinds of cars. Ford’s most iconic creation is the beast of a beauty “Mustang”, which is a premium car and has many lovers and admirers all over the world! In 2016 Ford recorded 6.29 as vehicle sales and held a market share of 6.9 percent.
5. General Motors
General Motors or as popularly known as GM is one of the most popular brands for cars. General Motors is a well-known brand for cars. It was established in the year 1908 in June. GM reached its milestone of selling ten million vehicles last year. The car manufacturer sells Chevrolet, Buick, GMC, Cadillac, Opel, and Vauxhall under its name. At present General Motors holds 8.8 percent of market share in the world. GM produces vehicles in thirty-seven countries and has twelve brands under its brand name. Along with this the company also has numerous joint ventures in many countries.
4. Hyundai Motor Group
Hyundai is a South Korean automobile manufacturer. This company is the largest manufacturer in South Korea and took the fourth largest automobile company’s rank from GM in 2015. Hyundai Motor Group or Hyundai as popularly known was created after acquiring 51% shares of the second largest South Korean motor company, Kia Motors, in 1998. At present, it holds 33% share in Kia Motors. At present, the company holds nine percent of motor share in the world.
3. Renault – Nissan
Renault – Nissan is a partnership between the French company Renault and Japanese company Nissan and Mitsubishi. This partnership has been on-going since 1999. This company is right behind the biggest manufacturers in the world. This partnership controls many other brands such as Datsun, Dacia etc. This company sold 8.51 million vehicles last year and holds 9.4 percent of the market share.
Toyota is a Japanese multinational automotive manufacturing company. It has its headquarters in the city Tokyo. The company ranked as the fifth company as revenue earnings. Toyota maintains the position of one of the largest company in car productions. The company also maintains its rank as one of the only company which produces and manufactures over ten million cars every year without fail! It recently lost its first spot to the German company Volkswagen. It holds 10.9 percent market share.
Volkswagen is a German automobile company. It was founded by the German Labor Front. This company owns some of the most well-known companies all around the world. Bugatti, Audi, Lamborghini, Porsche, SEAT, Skoda, and Bentley are among the companies it owns. The company sold 10.10 million vehicles last year and holds 11.1 percent of the market share.
Car brands are constantly at each other’s throats. Therefore, they keep expanding their horizons to be better. Choosing the right brand before buying a car is of utmost importance. A good brand will always produce a good car. When you buy a good car, you can be rest assured that your car will be extremely durable.