Best automotive companies in the world

Automotive companies have contributed very much in the development of the world by creating new job opportunities. On the other hand, it also plays a very important role in the market because it has a lot of earnings and taxes. The automobile sector is one of the important sectors in the economy of world. There are many automotive companies in the world that produce vehicles in very large quantities.

Best automotive companies in the world

Below we have listed the top best automotive companies in the world:

1.   Tesla

Tesla is maintaining its positions in automotive companies. Tesla engineer and its tech entrepreneur Elon Musk through bold moves and brilliant moves in the market. His work has proven a good approach to its success. Model 3 by Tesla has become the world’s largest best-selling electric vehicle.

2.   Toyota

Toyota motors is the largest automobile company in the world, it is almost bigger than tesla. They have also been awarded as the last longest vehicles. This company has reached 75 years since its inception. Toyota Corolla is the best-selling vehicle in the world.

3.   BMW

BMW also called Bayerische Motoren Werke AG was founded in 1916. It has slipped a few spots in the list of the world’s Best automotive companies. They have manufacturing companies in almost 14 countries across the globe.

4.   Hyundai

Hyundai motor company is a South Korean multinational automobile manufacturer. This company is very well known for manufacturing and designing cars, commercial vehicles, and trucks. This company has the world’s largest automotive companies in South Korea and Ulsan.

5.   Volvo

This Volvo Automotive company is a Swedish manufacturing company that has its headquarters in Gothenburg. It is more into distribution, production as well as with the sales of buses, trucks, and other equipment for construction. It also supplies marine with industrial drive and with financial services.

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