Today we would like to share top auto manufacturers in the world. These names are some of the largest companies that dominated the automobile industry for decades. The first car was built in 1885-86 by german mechanic Karl Benz, although that may not be true transportation vehicles have been dated all the way back to the 15th-century by Leonardo da Vinci’s concept. From then the automobile industry has changed drastically. At last count, there were about 1.5 billion cars in use including buses, trucks. it’s estimated 17.5 million cars are sold each year. And in today’s blog, we have decided to give shoutouts the biggest name in the industry.
5. Honda Motor Company
Honda makes the fifth list with the manufacturing of 1,820,779 automobiles and light trucks. The stats show the company has a 2.7 percent increase in manufacturing in the last 2 years. Honda has been the world’s largest motorcycle manufacturer since 1959. The company was founded by a Japanese engineer and industrials Soichiro Honda. Taking on the founder’s legacy the company is known for spending millions on research and development. Honda has been enjoying great success in the USA and other parts of the world. The Honda Motor company is worth a capital of $57.48 billion.
This company is known for its luxury cars & motorcycles. BMW has manufactured 2,490,664 cars. The company’s cars are everywhere but they only have factories in 14 countries. Bayerische Motoren Werke AG commonly referred to as BMW founded in 1916 and produces its first electric car in 1972. The company has a market value of 71.1 billion.
Daimler comes in third place with manufacturing over 3.3 million cars each year. Daimler is a German multinational automotive corporation. The company headquarters resides in Stuttgart, Baden-Württemberg. The company owns Mercedes-Benz and other brands like Mitsubishi Fuso, smart automobiles, and the company is the largest truck manufacturers in the world. Daimler has a market value of $68.5 billion.
2. The Volkswagen
I know what your thinking Volkswagen? you’re probably thinking it’s old, it’s the first car that was driven in the streets of Addis Abeba by Menelik II of Ethiopia. It’s the world’s second-largest motor vehicle manufacturer operates in 52 locations, and has manufactured over 10 million vehicles in 2018. Volkswagen was founded in 1937 by the german labor front. After WWII it was owned by West Germany, the word Volkswagen stands for people’s car. Volkswagen Group sells cars, trucks, and motorcycles under 12 different brands, including the Volkswagen namesake brand, Porsche, Audi, Ducati, Volkswagen Commercial Vehicles, SCANIA, and MAN.
We Ethiopian loves Toyota brand as much we like coffee. It’s the most commonly owned car brand here in Ethiopia. Toyota was the world’s first automobile manufacturer to produce more than 11 million vehicles per year which it has done since 2012. Toyota is was named after the founder Kiichiro Toyoda. It’s the largest automobile companies in the world with a market value of $199 billion, it outperforms companies like Netflix, Mcdonalds & Unilever.
Drive safe and smart by taking care of your car, we are auto parts seller company based in Ethiopia, Addis Abeba. if your looking for auto parts for your car please contact us and we will get back to you.