Cars have always been objects of fascination besides the very practical purpose of conveyance that they serve. It cannot be denied that the global autos market has expanded over the past few decades with several brands striving to design automotives which give their customers satisfaction in all spheres- performance, quality and style. It’s not just the production, but also the market that has grown rapidly. Here are the top 7 auto giants dominating the world of cars.
Toyota Motor Corporation
Head Office : Aichi, Japan
Revenue : $236 billion in 2011
No. of automobiles manufactured in 2010 : 7,267,345
Toyota, the multinational automaker, is undoubtedly the largest manufacturer among the autos companies. Founded in 1937 by Kiichiro Toyoda, this company was a by-product of Toyota, his father’s automobile manufacturing unit. The Toyota AA, the company’s first car, was manufactured in 1936. Toyota has come a long way since then, manufacturing a wide variety of automobiles today- from SUVs to minivans and sedans to trucks. Some of its better known sub-brands such as Scion and Lexus employee over 320,000 people.
Volkswagen Group AG
Head Office Wolfsburg, Germany
No. of Automobiles manufactured in 2010 : 7,121,532
Revenue in 2010 : Euro 126.89 billion
This German auto manufacturer owns some of the well-known car brands such as Bugatti, Audi, SEAT, Skoda and Lamborghini and truck brands like Scania. Volkswagen, “the people’s car”, was founded by Ferdinand Porsche in 1937.
General Motors
Head Office : Detroit, United States
No. of Automobiles manufactured in 2010 : 6,266,959
Revenue in 2010 : $135.592 billion
General Motors, an American multinational, is spread over 157 countries. This automobile giant employs over 200,000 employees. Brands such as GMC, Buick, Chevrolet and Cadillac are divisions of this company, giving it a reputed spot among the top autos companies of the world.
Hyundai Motors
Head Office : Seoul, South Korea
No. of Automobiles manufactured in 2010 : 5,247,339
Revenue in 2010 : $33.6 billion
Hyundai, founded by Chung Ju-Yung on 19th December, 1967, is among the fastest growing autos manufacturers at present. Its vehicles are sold in over 190 countries across the globe over about 6,000 showrooms and dealerships. Housing the world’s biggest integrated automobile facility at Ulsan, it houses around 75,000 people and is capable of manufacturing approximately 1.6 million automobiles annually.
Ford Motor Company
Head Office : Dearborn, United States
No. of Automobiles manufactured in 2010 : 4,988,031
Revenue in 2010 : $128.954 billion
Ford, an American multinational, is among the largest and most popular car manufacturing companies at present. This automobile giant was founded by Henry Ford on 16th June, 1903, it manufactures capable and flexible utility vehicles that are not only fuel-efficient, but also fun to drive. Besides the Lincoln and Ford brands, it also owns small stakes in Aston Martin in UK and Mazda in Japan.
Nissan Motors
Head Office : Yokohama, Japan
No. of Automobiles manufactured in 2010 : 3,982,162
Revenue in 2010 : $ 80.4 billion
Nissan, a multinational founded by Masujiro Hashimoto on 26th December, 1933, has brands spread across the globe. It has more than 155,000 employees with manufacturing locations in India, Spain, Japan, USA, Malaysia, Thailand, Brazil and many other countries.
Honda Motors
Head Office : Tokyo, Japan
No. of Automobiles manufactured in 2010 : 3,592,113
Revenue in 2010 : $120.27 billion
This Japanese multinational manufactures motorcycles and automobiles. Founded by Takeo Fujisawa and Soichiro Honda on 24th September, 1948, Honda leads in the manufacture of internal combustion engines and motorcycles. It sells vehicles in over 100 countries and employs about 180,000 people globally across its 35 major manufacturing units located in India, China, Mexico, Brazil, Canada, Indonesia, Japan and may other countries.