Maruti Suzuki Among World's Most Valued Car Companies In 2018; Toyota Tops List
Interestingly, except Tesla, all the top 10 car companies have a presence in India
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Toyota has bagged the top spot in the list of the world’s most valued car brands for the sixth year on the trot. The list, released by BrandZ, includes Mercedes-Benz at the second position and BMW at third in the automotive category. But the biggest surprise of the lot has to be Maruti Suzuki which is 9th on the list, thanks to its dominance in the Indian car market. It’s a commendable feat considering Maruti Suzuki’s limited worldwide presence. Out of the remaining eight car companies in the top 10, only Tesla isn’t present in India.
Here’s a look at the top 10 auto brands by valuation across the world.
| Rank |
Brand |
Valuation |
| 1 |
Toyota |
$29.9 billion |
| 2 |
Mercedes |
$25.68 billion |
| 3 |
BMW |
$25.62 billion |
| 4 |
Ford |
$12.74 billion |
| 5 |
Honda |
$12.70 billion |
| 6 |
Nissan |
$11.43 billion |
| 7 |
Audi |
$9.63 billion |
| 8 |
Tesla |
$9.42 billion |
| 9 |
Maruti Suzuki |
$6.38 billion |
| 10 |
Volkswagen |
$5.99 billion |
As mentioned above, Toyota remains untouched in the brand value study as it has been ranked 1 (in the automotive space) for 11 years out of 13 that the study has been conducted for. For the times it couldn’t bag the top spot, Toyota ranked 2nd. Mercedes-Benz, on the other hand, surpassed its German counterpart BMW to finish second. Also Read: Toyota And Suzuki Begin Talks For New Product Developments And Exports
BMW, Ford, Audi and Honda have been seen in this list earlier but the surprise entrant is Maruti Suzuki which began its journey just 35 years ago in India. The manufacturer has more than 50 per cent share of the Indian passenger vehicles market and recently achieved the feat of producing 2 crore cars, something no other carmaker has achieved or even come close to. Read more about it here.
