About This Statistic
This statistic gives a ranking of the top car manufacturers worldwide in 2016, based on the number of motor vehicles sold worldwide. Second-ranked Toyota sold around 10.2 million motor vehicles in 2016, up from 10.15 million vehicles in 2015. Follow this link to get access to the top 100 automotive and automotive part companies list.
The world’s largest car companies
In spite of recall woes and emissions scandals, the global automotive industry seems to have entered a golden age. Today’s increasingly connected world presents car manufacturers with numerous opportunities for growth. Hence, automakers are beginning to focus on smart vehicle technologies, as well as alternative propulsion systems. BMW, Ford, Honda, General Motors, Mercedes-Benz, Nissan, Tesla, Toyota and Volkswagen, as well as major automotive suppliers, including Denso, Continental, Bosch and Delphi, are all setting up research offices in the Silicon Valley.
The opening of new plants and offices is largely due to the fact that, in the end, carmakers must face the truth: With growth prospects in new segments and in emerging markets comes greater risk. It remains to be seen how carmakers around the globe will cope with the new challenges facing the industry.