Most valuable car brands worldwide
In 2017, the ranking of the world’s most valuable car brands was topped by Toyota. The brand is a subdivision of the Toyota Motor Company, which was founded in the late 1930s. The Japanese manufacturer is one of the largest companies within the global automotive industry. It is active in a variety of segments, including SUVs and crossovers, trucks and motorcycles. Furthermore, Toyota invests heavily in the research and development of hybrid electric vehicles, as well as plug-in and full-electric vehicles. In addition to its operations in the automotive manufacturing industry, Toyota is involved in various other areas, including robotics and aerospace projects.
Beside Toyota, automotive brands such as BMW, Mercedes-Benz and Ford also made it into the list of the most valuable car brands worldwide. Germany’s Mercedes-Benz (a division of Stuttgart-based car and truck maker Daimler) manufactures luxury and crossover automobiles, buses and trucks. In 2016, the car manufacturing subdivision, Merecedes-Benz Cars had total revenue of around 89.3 billion euros.
In 2017, the scandal-stricken Volkswagen Passenger Car brand fell out of the list, while Tesla made it into the ranking for the first time. Of the Big Three U.S. automakers, General Motors and Chrysler sell automobiles under a variety of brands, while Ford sells vehicles under its namesake Ford brand and the Lincoln brand. The Michigan-based company reported having sold more than 6.5 million Ford and Lincoln vehicles worldwide in 2016. That same year, Ford’s revenue amounted to just under 152 billion U.S. dollars.