January 24, 2023

Top 10 Most Valuable Car Brands In The World In 2023

Sneha charu

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.

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Sneha charu