Jim Boswell Blog | The World's Auto Industry | TalkMarkets
Executive Director, Quanta Analytics
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Author of Globanomics. Jim has nearly fifty years of professional experience in the development of management information and analytical business decision support systems. Broadly disciplined with exceptional experience. Education includes an MBA from the Wharton School-University of Pennsylvania, ...more

The World's Auto Industry

Date: Tuesday, May 25, 2021 7:31 AM EDT

The Forbes Global 2000 can be used in a number of useful manners, but digging down into industries is just one of them.  Anyway, because the President has spent some time bolstering the United States auto industry i thought you might be interested in seeing how the people with all the money view the United States current positioning in the world.  For example, Toyoto.  My last couple of cars have been Prius--i love what Toyoto have produced.  Having good competitors only makes us stronger. 

You should note that Tesla, alone (which kind of shocked me when i looked at the totality of the data) owned a little over 35% of the total market value of the worlds auto and truck manufacturing sector.  Tesla is valued so much higher then its next competitor it is hard to believe, unless of course, you believe it.  Regardless, the data is real data and i do not think even from that you need to be too apologetic to the auto industry.  As a U.S. industry, it should always strive to be the best.

Now here is the data as i am presenting it to you.  I will leave any further thoughts to your own interpretation. The numbers are "world market value" in Billions.

 

Tesla 710.1
Toyota Motor 219.2
Volkswagen Group 147.2
Daimler 99.2
General Motors 84.6
BMW Group 69.8
BYD 64.9
Stellantis 57.0
Hyundai Motor 54.0
Honda Motor 52.8
Ford Motor 48.8
Ferrari 37.2
SAIC Motor 36.4
Porsche Automobil Holding 36.2
KIA 31.2
Great Wall Motor 28.8
XPeng 28.7
Geely Automobile Holdings 27.6
Suzuki Motor 21.0
Nissan Motor 20.7
Tata Motors 16.1
Subaru 15.2
Mahindra & Mahindra 13.7
Renault 12.6
Lithia Motors 10.4
Guangzhou Automobile Group 9.6
Dongfeng Motor Group 8.1
Ford Otosan 8.1
FAW Jiefang Group 8.0
Isuzu Motors 7.1
Mazda Motor 5.2
Chongqing Changan Auto 4.5
Mitsubishi Motors 4.3
BAIC Motor 2.7
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Beating Buffett 3 years ago Member's comment

That IS surprising about Tesla.

Jim Boswell 3 years ago Author's comment

I probably hinted or inferred that all of Tesla is actually automotive, but i do not think it takes away the fact that the U.S. auto industry is pretty strong as it is, and with new advanced technology in batteries and new electronic infrastructure funds, the U.S. auto industry should get very strong. That is my opinion and the subject of a new blog that i am going to put out on Talkmarkets within the next half-hour.

Thanks for visiting my blog. Not all that many people know that it even exists, let alone have access to it.