For more than 100 years, the automotive industry has been going strong, but it is still one of the most difficult areas for new startups to break into. In 2010, Tesla became the first American car company to go public since Ford Motor in 1956. Although it has not been able to prove that it can maintain sustained profitability, investors still rank it as one of the world's ten most valuable auto companies. With the US-China trade war disproportionately hurting the global auto industry in 2019, the following is the market value of the world's top ten auto companies as of September 2019:10. Hyundai (HYMTF): $25 billion
This Korean car manufacturing company surpassed Fiat Chrysler (FCAU) to become the tenth most valuable car company in the world. Compared with most companies on this list, Hyundai, founded in 1967, is still a newcomer, because many top companies were founded in the late 1920s or even the late 19th century. As the first company to produce cars in South Korea, Hyundai Motor has built a reputation for high-quality cars at affordable prices. Last year, Hyundai's global sales exceeded $87 billion. 5% of revenue is used for research and development. Current research projects include electric vehicles, solar vehicles and hydrogen-powered fuel cell vehicles.9. Ferrari (RACE): $29 billion
Ferrari surpassed Nissan (NSANY) and parent company Fiat Chrysler and other companies to become the world's ninth most valuable automobile company in 2019. The company is the only company on the list that does not rely on high sales due to its high prices and business model. Ferrari sold only 9,251 cars in 2018, which shows that scarcity and the high profit margins that follow can also generate global auto industry giants.8.Ford(F): $36 billion
Ford's revenue in 2018 was $148 billion, while Ferrari's revenue in the same year was approximately $4 billion. Although Ford's total sales are approximately 37 times that of Ferrari, the iconic American automaker is only about 25% more valuable than its high-end Italian counterparts. why? Because of Ferrari's high-quality brand and limited production, it can sell expensive cars when auctioning antique Ferraris. On the other hand, Ford's net profit margin is only 1.4%.7. Tesla (TSLA): $39 billion
Although electric car manufacturer Tesla has lost $9 billion in market value since May 2018, it is global The ranking of the largest automobile company has not risen or fallen, maintaining its position as the seventh most valuable automobile manufacturer in the world. The US-China trade war may have a disproportionate impact on Tesla. Tesla was forced to raise the price of Type 3 cars imported from China to more than US$50,000 before imposing 15% to 40% tariffs on US-made cars in December.6. BMW (BMW.DE) (BMW.MI): $42 billion
BMW was founded in Munich in 1916 and ranked first on the list of the world’s top automakers last year . This makes sense, because its value in May 2018 was $29 billion more than it is now. Because of the US-China trade war, BMW, like Tesla, exports a large number of cars from US factories to the Chinese end market. Therefore, the US-China trade war will have an economic impact on BMW.5. Honda (HMC) $42 billion
16 months ago, Honda’s market value reached 61 billion U.S. dollars. Since then, the company’s average monthly market value has exceeded 10 One hundred million U.S. dollars. Although sales in fiscal 2019 increased by 1.6% to 3.75 million vehicles, the market value wasIs falling. The trade war may cause some factors of market pessimism, as well as negative currency pressure (Honda is headquartered in Japan). But Honda is still the fifth most valuable car company in the world.4. Daimler (DAI.DE): $49 billion
Daimler's stock price has been steadily declining for four years. During that time, the stock price fell more than 50% of its value. However, even as of May 2018, as the parent company of the Mercedes-Benz and Mercedes-Maybach brands, its value is $35 billion higher than its price at the end of 2019. The strength of Daimler's annual best unit sales released last year in the Asia-Pacific region is a double-edged sword, because most of the cars exported from the United States to China are made by BMW and Daimler.3.General(GM): $52 billion
Although Tesla was once the most valuable automobile company in the United States, the number of sales is still much smaller than that of the 111-year-old General Motors. . In addition to a few Asian brands, General Motors has once again become the most valuable automobile company in the United States, with brands such as Buick, Cadillac, Chevrolet and GMC.2.Volkswagen(VOW.DE): $80 billion
When you hear the word "Volkswagen", you don’t think it is arguably the most dominant in the world Power car company. Perhaps this is because most consumers associate Volkswagen with the brand itself, rather than a company of the same name that owns Porsche, Audi, Bentley, Bugatti, Lamborghini and Ducati under its subsidiaries. After selling 10.83 million vehicles last year, Volkswagen maintained its title as the world's second most valuable automobile company in 2019.1. Toyota(TM): $211 billion
Japan’s Toyota Motor Corporation is still the world’s largest car company, although its stock price has basically been declining since 2013. In an industry affected by the US-China trade war, TM stock is already far ahead of other rivals: 16 months ago it was four times the value of Tesla, and now it is five times that of Musk. And as an auto industry that relies on high sales, its value is twice that of General Motors.
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