Suppose you want to know the Richest Car Company In The World, then this article is what you need. It contains richest car company in the world 2021. Also, it includes the top 10 richest car company in the world 2021.
Cars are nothing short of a necessity these days. No matter how much our technology evolved over the past century, one thing has remained constant, and that thing is that we need cars to get around. Ever since the first ones were invented and people were throwing up because they roared up to the amazing speed of 20 mph, we have loved and hated cars. Nevertheless, most of us use them every day of our lives. Even people who don’t own cars use them, in a way, if they take a bus to go to work.
Given that people use them this much, it is no surprise that car companies are some of the most valuable in the world. Here are the 10 wealthiest ones.
richest car company in the world 2021
Richest Car Company In The World
When someone says the word Porsche, you immediately think of comfort and some sort of amazing car that most of us will probably never be able to afford. With that in mind, no one should be blamed for thinking Porsche would be ranked higher on this list than it actually was. Still, the fact that not many people can actually afford a Porsche is why the company is only rounding out our top 10.
A position that is still enviable since the company is worth a ridiculous $10.7 billion according to Interbrand. So, don’t worry, even though not everyone is driving a Porsche around, they are still doing pretty well.
The first German giant on our list, Audi is another company that prides itself in putting out some of the most luxurious cars we have on the market. And in contrast to our previous entry, the prices you are going to find an Audi going for are not as astounding. Depending on where you live, you might be able to score a brand-new Audi sedan for a little over $30,000.
Although this German company swings far to the other side as well, selling luxury cars such as the 2020 Audi R8 Spyder starting at prices north of $180,000. It is a company that has been growing over the years and is showing no signs of slowing down, being valued at over $12.1 billion.
Staying in Germany for our next entry, Volkswagen is one of the most historic automobile companies in the world. Sure, they might want to stay away from the propaganda that it was a company founded in the 1930s by a Nazi labor union, but their long history means that they have been in the market for as long as anyone and they really know what they are doing.
They know it so well that their value is somewhere north of $12.2 billion. Does anyone think that the people who founded this company thought it would be worth anything of this sort? Probably not, people back in the 1930s probably didn’t even think tens of billions of dollars could be a real value of a company.
From Germany, we will now travel all across Europe and Asia to find the land of the rising sun, and the home of our next entry. Nissan is a worldwide powerhouse that was founded more than 85 years ago in Japan. The company is worth more than $12.2 billion and has been rising in stock considerably over the past few years.
As a worldwide company, Nissan does serve a worldwide market, which explains a lot of their product choices and the ridiculous amount of revenue they pull in every year. The company produces anything from pickup trucks to electric vehicles and, given their ingenuity, they are probably going to keep innovating for as long as they can.
Still in Asia, but not as far east as Japan, our next stop in this search for wealthy car companies is Korea, the home of Hyundai. One of the fastest growing car companies in the world, it is also one of the most popular all around the globe these days. Europe, North America, South America, name a country anywhere in the world and there is a good chance you will find a Hyundai driving around somewhere down there.
Their cars are unbelievably accessible in terms of prices and they are also very fuel-efficient, which certainly helps the brand propaganda and sales numbers. You could buy a Hyundai hybrid for as low as $22,000. That is one of the reasons why the company is worth more than $13.5 billion.
This is one entry a lot of people were probably waiting for. You don’t get more classic than Ford. Founded by Henry Ford himself in 1903, this is one company you will have a hard time finding a person anywhere in the world who hasn’t heard of it. Seriously, as soon as you hear the name you can almost immediately imagine the sound of a truck engine coming to life.
This juggernaut has a ridiculous production capability as they put out more than 6.6 million vehicles in 2017. It is no surprise that they are one of the most valuable companies in the world and are worth almost $14 billion.
Once again back to Japan, the next company on our list is Honda. The number here might be a little skewed because Honda does not only manufacture cars. No, they make quite a lot of money out of motorcycles, scooters, and even jet engines. Yeah, this is really one hell of a company when it comes to producing things that need an engine to run.
Nevertheless, Honda is a world brand and it is worth such, tallying up to a figure north of $23.6 billion. They have been producing quite a lot of cars, but when it comes to humanity’s future, Honda is also at the forefront. The company delves in areas as interesting as artificial intelligence and robotics.
We have finally arrived at our top three, and they could not be any different. Most of the companies on this list were either German or Japanese, and the top three are nothing different from that. Our top three has two German companies and one Japanese manufacturer. Number three comes from Germany and it is the Bavarian Motor Works, a.k.a. BMW.
Founded back in 1916, this German giant is now worth a ridiculous $41 billion. No, you did not read that wrong, BMW is worth $41 billion. Just to give you a good idea of the kind of profits this company makes, in 2018, their company value was supposedly higher than Disney’s.
The runner-up on our list is also a German company, but the difference in worth between number three and number two is something crazy. By crazy, we mean it is almost an $8 billion difference in value. Mercedes-Benz is one of the most valuable brands in the world, and that number is supposed to be north of $48.6 billion.
A brand that is synonymous to class and comfort, Mercedes sure put in a lot of work to become the giant that they are today. Arguably the biggest premium vehicle-selling brand in the world, Mercedes has been around for more than 90 years.
Since number three and number two were German companies, you already knew that number one was going to come from Japan. And if you are the kind of person who looks around a lot when they are walking or driving down the street, you probably had a good idea that the number one place on this list would undoubtedly go to Toyota. They are one of the most accessible brands and they produce some of the best cars in the business.
Seriously, those things run forever. That’s why they are used in war zones. But grim humor aside, Toyota is worth more than $53.4 billion and is by far the wealthiest car manufacturer in the world.
top 10 richest car company in the world 2021
Used Car Websites
Buying a new or used vehicle is a big decision — both financially and in terms of the amount of time we spend in our cars. And wouldn’t you know it, there’s an app for that. Cars, trucks, and SUVs of all types can be found online today. You don’t even need to leave your couch to research, browse, inquire, and finance your next vehicle.
Here are some of the best used-car websites around.
Because it’s an aggregator (like Kayak.com), the easy-to-use Autolist site displays millions of vehicles from many different sources. Users can view details such as the length of time a given vehicle has been on the market, plus any price changes for that vehicle. Autolist has one of the highest-rated used-car apps available. It works with Android or iOS phones, and just like the website, it checks multiple online databases to help you locate your dream car. The app also has instant price-drop alerts and high-res pictures to help you find the best deals on the most local listings. Shoppers can even apply for financing. With family sharing, as many as six family members can share information through the app. Add to that reviews, industry insights, a Rotten Tomatoes-style aggregator of older vehicle reviews, and buyer’s guides to help steer you through the car-buying process.
Like some of the other websites here, AutoTempest’s search results are drawn from multiple sources. Their website and app work similarly to the others, including the ability to save searches. They have lots of other useful information as well, including an up-to-date blog, buying guides, and car reviews. While you can filter your searches, the criteria for doing so are much more limited, although some might consider it to be streamlined. Either way, the essential information is provided. Choices include make, model, distance, price, year, mileage, vehicle type, transmission, and whether it’s for sale from a private party or by a
Because Autotrader.com nearly predates the internet itself, its longstanding reputation has built up decades of trust. Available as a website since 1997, it has over 3 million listings drawn from 40,000 dealers and 250,000 private sellers, and its selection is immense. The website has a wide variety of filters that can help you narrow your search down to exactly the type of vehicle you’re looking for. You can save your searches and even apply for insurance and a loan.
Bring A Trailer used to be a listing of interesting cars for sale around the country, now it is a full-blown auction site, with rare and unusual vehicles selling for sometimes astounding figures. It is the place to find that social ride or merely kill endless amounts of time browsing high-dollar exotics and absurdly clean early 2000s commuters. Recently, a pristine 2000 Honda Civic SI sold for $50,000. If you are in the market for something unusual or are willing to pay top dollar for your dream car, check out BaT.
This is a company that seeks to build trust through transparency. You will find many of the same search options on their website as you’ll find on the other sites. However, you’ll also find the CarGurus valuation of a given vehicle based on typical search criteria on top of this. This algorithm is similar to the methods used by KBB. The information they use to make this determination includes comparable car listings and pricing data on vehicles that have recently sold. Ratings are based on mileage, trim, vehicle history, and a multitude of other factors. CarGurus rates each available car deal as being Overpriced, High, Fair, Good, or Great.
Carmax is a dealership specializing in high quality used cars, many available with the internet-famous Carmax warranty. This website isn’t the best for those looking for a killer deal because of their no-haggle policy, but it is an excellent place for people who want the most effortless car shopping and buying experience. For those looking for the ease of browsing and buying online, without the anxiety-inducing Craigslist test drive, Carmax can be a good option. Browse, buy, and the car can be ready for pick up, virtually all online or on their mobile app.
Cars.com is one of the largest automotive search engines. With thousands of listings covering almost every car, there is also a new tool that rates the value of used vehicles relative to the current market trends. Cars.com has fewer private sellers, but it’s a great way to search dealers in your area and compare pricing for similar vehicles. It also has extensive sorting options to narrow your search by the specs and features you are looking for and leaving out those you don’t want. In addition to consumer reviews, the site has now built up an extensive archive of expert reviews written by its editorial staff.
This site works to simplify buying a car, and like Autotrader and others on this list, they can help find financing. The search criteria include make, model, distance, price, mileage, year, color, engine, and even photo availability. CarsDirect also has buying guides, rankings, and vehicle comparisons. Like similar sites, you can save your searches and vehicles of interest. The website also has educational videos, including reviews, car news and reports, and tools that include a trade-in valuation.
Carvana is another used car dealer that built a business around making the buying experience easier. Buy with confidence with a 7-day money-back guarantee, and have the car delivered to your door. All Carvana vehicles have accident free vehicle history and pass a 150-point inspection. You can also sell your vehicle to Carvana, even without buying from them. They claim you will get a real offer after filling out a form, which takes just a couple of minutes. With used car values near all-time highs, it may be a good time to see what your car is worth to them. Carvana is also the inventor of the car vending machine for those looking to buy in person. It’s a neat gimmick worth checking out.
Primarily a classified site, Craigslist doesn’t have many fancy graphics or options, but the site’s selection is fairly broad, and postings usually include photos. You’ll need to be super savvy if you’re going this route because the site is rife with scammers, but it is possible to negotiate a worthwhile deal here. Search filters here include distance, price, make and model, year, mileage, condition, number of cylinders, drivetrain and fuel type, color, size, title status, vehicle type, and transmission type. A point of interest to some, some sellers on Craigslist might accept cryptocurrency like Bitcoin in exchange for the vehicle they’re selling. You can also create email alerts for the specific attributes of a vehicle that you’re looking for.
eBay Motors isn’t just an auction site for rare vehicles anymore. There are thousands of used and new cars listed by dealerships and private sellers to peruse using classified-style listings. Whether you are shopping for a custom show car or a late model Chevy, eBay likely has at least one of those vehicles. Other great searches on eBay motors include the “Replica/Kit Make” section, as well as the “Racecar (Not Street Legal)” category. Just be careful in terms of trusting sellers since eBay makes it difficult to recoup any monies lost to fraud or misrepresented vehicles. A pre-purchase inspection by an independent third party is highly recommended if you’re not able to see the vehicle yourself in person before buying.
Edmunds originated as a paperback booklet available at newsstands. Decades of experience have made this a well-respected name in the industry. The website allows you to save searches and favorites and also lets you filter your selections. Although their search functions look similar to the ones available on other sites, they often have more features and options to choose between. That allows buyers to narrow and refine more thoroughly. Edmunds also has a wealth of advice and articles to help educate people about the car-buying process and the vehicles themselves.
If you don’t mind a car with plenty of miles on it, Enterprise’s former rentals can be a good choice. They offer a no-questions-asked, seven-day “buyer’s remorse” period, in addition to their 12-month or 12,000-mile limited powertrain warranty and one year of roadside assistance. Enterprise also provides financing. Unlike most of the other sites mentioned here, the company sells cars only from one source: their retired rental fleets. They also take trade-ins and have special programs for college graduates or first-time car buyers. The website allows you to search by the monthly payment you can afford alongside the same criteria you’ll find on other sites.
For classic car, truck, or motorcycle collectors, this is a ‘don’t-miss’ destination. As well as vehicles, Hemmings helps you locate hard-to-find parts for project cars. Search for vehicles or parts by make, model, type, price range, and category. With more of a community feel to it, this site maintains a blog and regularly sends out newsletters. Hemmings also sells merchandise related to this niche market. They have an email list, fantastic videos, and special events, not to mention apps for Android and iOS, and several print publications to subscribe to.
The words “Blue Book price” have been a part of the American vocabulary for nearly a century, and the Kelley Blue Book website and app both trade on this longstanding name recognition. Not only are they known for providing accurate estimates of your car’s market value, but their site has tools for checking your credit score and calculating car payments too. Expert reviews, top ten lists, and recall postings make this site a longtime go-to favorite for automotive information. They also cover motorcycles, snowmobiles, and personal watercraft such as jet skis. KBB even has an instant cash offer section on their website.