Largest Car Companies by Revenue (2024)

About This Dataset

This chart ranks the world's largest carmakers by annual revenue in US dollars. Revenue reflects the total sales income a company generates, which depends on both how many vehicles it sells and how expensive they are. The ranking is led by the traditional high-volume European and Japanese groups.

✨ AI Insight

Volkswagen is the world's biggest carmaker by revenue, generating about $367.9 billion - ahead of Toyota ($337.3 billion), even though Toyota sells more vehicles. This gap reflects Volkswagen's broad portfolio of higher-priced brands including Audi, Porsche and Bentley. The two giants tower over the field: third-placed Ford ($189.9B) earns barely half of Toyota's total. American and European legacy makers fill most of the list - Ford, General Motors ($184.6B), Stellantis ($177.5B), Mercedes-Benz ($154.6B) and BMW ($153.7B) are tightly bunched. The most telling entry is China's BYD ($107.3B) at number ten: once a niche battery maker, it now out-earns some storied Western brands, a sign of how rapidly Chinese manufacturers are scaling up to challenge the established order.

Source: CompaniesMarketCap (automakers by revenue)

Key Findings

Auto-computed highlights from this dataset

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Volkswagen leads with 368 in 2024.

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Average value in 2024: 195 · median: 166.

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Gap in 2024: Volkswagen is 3.4× larger than BYD.