The world automobile market has seen unprecedented rise in demand in the recent times, with Asian market playing a key role in it. As a result, car manufacturing brands have increased production to meet this ever increasing demand.
Listed below are the top 10 car manufacturers in the world:
Leading the list of top 10 car manufacturers in the world is the multinational brand called Toyota. The company was founded in 1937 by Kiichiro Toyoda and has become the global leader, with revenue of $ 235.89 billion and 77,743,862 vehicles manufactured in 2010.
2. General Motors
The no 2 spot on the list is occupied by General Motors, a US car manufacturer based in Detroit. The company, which was set up in 1908 by William C Durant, operates in 157 countries around the globe. In 2010, it made revenue of $ 135.592 billion and manufactured 8,476,192 vehicles.
The German automobile giant, Volkswagen features on no 3 in the list of biggest car manufacturers in the world. The company was launched in 1937 by Ferdinand Porsche and owns leading car brands like Audi, Skoda, SEAT and Bugatti. It made revenue of $ 126.88 billion Euro and made a total of 7,341,065 vehicles in 2010.
4. Hyundai Motors
The next name on the list is that of Hyundai Motors, a South Korean company, which was founded in 1967 by Chung Ju-Yung and today has its vehicles sold in more than 193 countries. The revenue of the company in 2010 was $ 33.6 billion, while it churned out 5,764,918 vehicles in all.
5. Ford Motor Company
Ford Motor Company is another leading car manufacturer, which is based in Dearborn, Michigan, USA. The company dates back to 1903 and was established by Henry Ford and is associated with brands like Aston Martin and Lincoln. In 2010, a total of 4,998,031 vehicles were produced by the company and it made revenue of $ 128.954 billion.
On no 6 is the Japanese car making brand called Nissan, which is known for manufacturing luxury models under the brand name of Infiniti. The company was established in 1933 by Masujiro Hashimoto. It manufactured 3,982,162 vehicles in 2010 and earned revenue of $ 80.4 billion.
Honda, another leading Japanese auto manufacturing company follows next, with revenue of $ 120.27 billion and 3,643,057 vehicles manufactured in 2010. The company was founded in 1948 by Takeo Fujisawa.
8. PSA Peugeot Citroen
Featuring on no 8 in the list of top 10 car manufacturers in the world is a French manufacturer, PSA Peugeot Citroen, which is the second biggest auto manufacturer in Europe. The revenue of the company in 2010 was Euro 56.06 billion and it made 3,605,524 vehicles that year.
Suzuki, the Japanese multinational auto manufacturer, follows closely on the list with revenue of $ 26.54 billion and a total of 2,892,945 vehicles produced in 2010. The company was founded in 1909 by Suzuki Loom and today supplies vehicles in 192 countries around the world.
Renault, the popular French brand comes on no 10 in the list of top car manufacturers. One of the oldest auto manufacturers, Renault was set up way back in 1899, by Louis Renault, Fernand Renault and Marcel Renault. In 2010, the company made revenue of Euro 38.971 billion and manufactures 2,716,286 vehicles.
Some other leading car manufacturers in the world are Fiat, Chrysler, Daimler AG, BMW and Mazda.