January 24, 2023
Inspite of recent fall, Tesla is still the most valuable car company in the world, valued at a $75.93 billion.
Toyota Motor Corporation is 2nd most valuable automotive brand worldwide with a brand value of over $59 billion.
German luxury car marker, Mercedes-Benz brand value has significantly increased in last few years to $56 billion.
In a ranking of global car brands, BMW ranks 4th with a brand value of roughly $51 billion as of January 2023.
Market turbulence has pushed down the minimum market value of Ford to be considered at $49 billion in 2023.
In 2023, Honda is valued at around $41 billion, this made the brand 6th most valuable brand in the automotive sector.
Audi, the manufacturer's luxury segment, ranked above the group's namesake brand and was valued at $15 billion.
Chinese electric vehicle maker, BYD was valued at $10.52 billion, making it only Chinese manufacturer to be in top 10 list.
VW's pollution scandal has lowered the brand value, the Volkswagen was valued at $9.25 billion as of January 2023.
Germany's Porsche completes the list of 10 most valuable automobile brands with a brand value of $8.61 billion.
Thanks for reading!
Read more stories from