Top 10 Largest Car Manufacturers in the World 2020- Cars are also known as the automobile has become since inception part of everyday human life. These flying machines have helped movement from one distance to another precisely long distance possible within the shortest period compared to the ancient ages. Automobiles come in different styles, size and make which is used for different purposes and suit separate occasions. The automobile industry is one of the world’s largest employers of labour. This article is focused on the Top 10 Largest Car Manufacturers in the World.
TOP 10 LARGEST CAR MANUFACTURERS IN THE WORLD 2020-ALL YOU NEED TO KNOW
Below is the highlight of the Top 10 Largest Car Manufacturers in the World.
- Volkswagen Group
- General Motors
- Fiat Chrysler Automobiles
- #1. Toyota
- Location: Japan
Toyota which is a Japanese car maker and the world’s largest manufacturer of automobiles will continue to rake in the profits in 2018. Toyota has a global presence having their car available in every part of the world. Toyota has a whole array of latest models for 2020 which are new and improved versions of its earlier models. Toyota manufactures automobile vehicles under five brands which are Hino, Lexus, Daihatsu, Ranz and Toyota. These brands are among the best brands of vehicles in the world and are gotten at a fairly good price. Additionally, Toyota continues its rank as one of the solely car manufacturing company which produces and manufactures over ten million vehicles every 12 months.
here are the Top 10 Largest Car Manufacturers in the World
- #2. Volkswagen Group
- Location: Germany
Volkswagen Group popularly referred to as VW is the largest automobile manufacturer in Europe and is among the leading car manufacturing company in the world. VW are the producers of major car brands such as Audi, Bentley, Bugatti, Porsche, Scania etc. making them the second largest car manufacturer in the world. Volkswagen Group has a global presence with many of its brands present in every country on the planet. VW sold over 10.10 million vehicles last year bringing them in a close range to Toyota and then holds 11.1 per cent of the market share. No wonder it occupies the second spot on our list of Largest Car Manufacturers in the World.
- #3. Renault - Nissan
- Location: France
Renault – Nissan came to being as a result of the partnership between the French company Renault and Japanese company Nissan and Mitsubishi making them a French-Japanese multinational automobile manufacturer. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches and auto-rail vehicles controls many other brands like Datsun, Dacia etc. This company sold 8.51 million vehicles last year and held 9.4 per cent of the market share is making the automobile company occupy the third spot on our list of Largest Car Manufacturers in the World. Particularly, Renault is recognised for its role in motorsport especially rallying, Formula 1 and Formula E.
- #4. Hyundai
- Location: South Korea
Hyundai is a South Korean Car manufacturing company, and it is considered the third Largest Car Manufacturer in the World. The automobile manufacturing company operates the largest integrated automobile manufacturing facility in South Korea as well as a popular brand in the whole of Asia. The car manufacturing company is known to produce new models yearly and presently holds 9% of motor share in the world.
- #5. General Motors
- Location: United States
Fifth on our list is General Motors shortened as GM, are an American automobile manufacturing company and the largest American automobile manufacturer occupying the fourth spot on our list. GM is known to render services such as car designs, car manufactures, markets, and distributes vehicles and vehicle parts. GM has a global presence manufacturing vehicle in 37 countries. They are the manufacturers of car brands such as Chevrolet, Buick, GMC, and Cadillac and presently holds 8.8% of market share in the world.
- #6. Ford
- Location: United States
Ford is an American car manufacturing company known for being the innovator in the field of the large-scale auto manufacturer. Ford is the second largest manufacturers in the United States behind GMC. The automobile manufacturer has been growing at a fast pace, and over the past year, it has shown tremendous growth occupying the sixth spot on our list of Largest Car Manufacturers in the World. It has joint-ventures in China, Taiwan, Thailand, Turkey, and Russia.
- #7. Honda
- Location: Japan
Honda is another Japanese name among the Largest Car Manufacturers in the world as well as the second largest automobile manufacturer in the country. The Honda Motor Company has an overwhelming presence in Asia and Africa. It's market share in western countries is huge. Also, Honda is popular for innovation and technology that is ahead of its time. Honda had a yearly manufacturing capability of over 5 million units in 2017 and has many popular car models such as Accord, CRV, Civic, NSX, HR-V, and Jazz. More so, Honda produces one of the smoothest steered drives such as hatchbacks and SUVs.
- #8. Fiat Chrysler Automobiles
- Location: Italy / United States
Fiat Chrysler Automobiles was established in 2014 by for various tax purposes and had since joining the league of Largest Car Manufacturers in the World occupying the eight spot. Fiat Chrysler Automobiles is an Italian-American multinational corporation occupying the eighth spot on our list of the Largest Car Manufacturers in the World. the brands associated with this car manufacturing company includes Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Ram Trucks, and Ferrari. This automobile manufacturer carries out its mass-market automotive operations through two main subsidiaries: FCA Italy and FCA US. FCA produces approximately 4.6 million units of vehicles in the previous year.
- #9. PSA
- Location: France
Ninth on our list is PSA, a French multinational car manufacturer. These popular car manufacturers are the makers of Peugeot, Citroen, Opel, Vauxhall and DS with a strong market presence in Iran, Holland, Chile, Greece and Poland. PSA Company produces one of the biggest car brands (Peugeot) in Europe.
- #10. Suzuki Motor Corporation
- Location: Japan
Suzuki is a Japanese multinational automotive manufacturing corporation that manufactures automobiles such as four-wheel drive vehicles, motorcycles, all-terrain vehicles, outboard marine engines, and a variety of other small internal combustion engines. Suzuki produces one of the best SUVs and MUVs vehicles in the world which are economical and durable. Suzuki has manufactured 2.85 million vehicles in the previous year.
Car Manufacturing Industry
Car manufacturing industry also referred to as the automotive sector is broad-ranging companies and organisations involved in the design, development, production, marketing, and selling of all kinds of motor vehicles. The automobile manufacturing sector is one of the world's largest economic areas by revenue.
The car industry commenced in the late 1800s when German inventors Karl Benz and Gottlieb Daimler developed a gasoline-powered inside combustion engine. However, motors have been costly and did not reap a broad market until Henry Ford designed his assembly-line method for mass producing them. As more humans commenced to personal vehicles in the course of the following 30 to forty years, human beings began to view them as a necessity. Owning an auto led to greater freedom and options for those who held them. They should work across town or in the next city. They may want to tour across the country or across the U.S to visit friends or relatives. Gasoline used to be low cost, and the United States had vast oil reserves, so proudly owning a vehicle led to opportunities and freedoms in the past unattainable.
Manufacturing cars, motorcycles, trucks, and other automobiles are a massive business. However, the car manufacturing industry is additionally amid many changes. The industry is made up of companies and workers who manufacture and deliver cars, trucks, and other cars to agencies that promote them. Companies in the automobile enterprise fall into one of two principal segments: vehicle manufacturers and car components manufacturers. Today’s cars are greater complicated and contain many more parts and electronics than in years past.
Conclusion on Top 10 Largest Car Manufacturer in the World 2020-All You Need To Know
Car brands are not relenting and are endlessly competing with one another to remain atop the flowchart of Largest Car Manufacturers in the World. Therefore, they maintain an increase in their horizons to be better. Choosing the right brand earlier than shopping for an automobile is of utmost importance. A good company will always produce an exact car. When you buy a desirable vehicle, you can be relaxation assured that your automobile would be extremely durable.
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