10 global automakers have grossed over $ 1.6 trillion in revenues this year, notably the Volkswagen Group and Toyota.
The industry is one of the world's largest industries in terms of annual revenue, especially since many car manufacturers have huge budgets that are larger than those of countries around the world, thanks to revenues exceeding $ 2 trillion a year. Or those that are trying to make their way independently, despite the constant challenges posed by the high cost of manufacturing processes, the challenges of engines and their various interconnections, whether based on the range of combustion engine engines on the one hand, An environment on the other hand hybrid and electric, which is witnessing a great growth under the pressure imposed by global governments on fuel consumption and emissions of harmful gases.
Despite the dominance of large groups, emerging companies have managed to generate significant revenues this year, notably Tesla, which has entered the top 15 with a total revenue of $ 11.8 billion, benefiting from the growing growth in eco-friendly vehicle sales.
Emirates Today, based on reports from international automotive sites, notably French automaker Autobibel and Top Speed, the top 10 car companies with annual revenues exceeding $ 100 billion.
johni_jabbour@yahoo.com
To view this topic in full, please click on this link.