Revenue of leading car manufacturers worldwide 2019

In terms of revenue, Toyota and Volkswagen were the leading automakers worldwide in 2019. Toyota generated around 30 trillion Japanese yen or more than 280 billion U.S. dollars in revenue in 2019. In terms of vehicle sales and revenue, Toyota and Volkswagen are counted among the most successful automakers worldwide.

The return of the crisis

Prior to the coronavirus crisis of 2019-2020, the global automotive industry was hit hard by the financial crisis of 2008-2009, and General Motors declared its roughly 91 billion U.S. dollar bankruptcy in the wake of the crisis. In 2009, passenger car sales slumped in most markets, with the exception of China, which emerged as the key sales market for passenger cars. In 2020, the car market is in free-fall again. However, China is greatly affected this time. Chinese manufacturers cut the cord from their joint venture partners from other parts of Asia and the Western world a long time ago, and the global automotive industry has begun to feel the impact Chinese motor vehicles and parts manufacturers have.

Revenue of leading automotive manufacturers worldwide in FY 2019

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Sources

Release date

2020

Region

Worldwide

Survey time period

FY 2019

Supplementary notes

The information is for fiscal years ended on or before March 31, 2020.
Volkswagen, Daimler: revenue figures have been converted from euros using a rate of 1 EUR being equal to 1.1057 USD (correct as of March 31, 2020)
Toyota, Honda: revenue figures have been converted from Japanese yen using a rate of 1 JPY being equal to 0.00927 USD (correct as of March 31, 2020)

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