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Recently, Fortune magazine officially released the list of the world's top 500 companies in 2019, in which Japanese and German automakers each accounted for three of the top 10 companies by revenue, while the United States and China each accounted for two. Next, let's find out which car companies are really strong from the list.

Photo source: oxcart net

No. 1: Volkswagen Group

As a world-class automobile empire, Volkswagen Group has Audi, Lamborghini, Porsche and other brands in addition to the Volkswagen we are familiar with. In the first half of 2019, Volkswagen overtook Toyota to the top of the list with 278.3415 billion in revenue, but careful people will find that although Volkswagen ranks first in revenue, it is slightly lower than Toyota in terms of corporate profits. This is not only because Volkswagen's Bugatti, Lamborghini and other supercar brands consume huge research and development costs, but also related to the losses caused by its "exhaust valve" incident and Takata airbag recall.

Second place: Toyota Motor

In the first half of 2019, Toyota ranked second with 272.612 billion of revenue, but its profit was still higher than that of Volkswagen, which ranked first. This is not only related to Toyota's most mature management experience and industrial chain in the world, but also related to the popularity of Toyota's TNGA architecture to all its models in recent years. The popularity of TNGA architecture in Toyota's models makes Toyota, which is already very experienced in cost management, further reduce material costs and labor costs, thus making Toyota's profit higher than Volkswagen, which has the first operating income.

No. 3: Daimler

As a century-old car brand, Daimler's Mercedes-Benz is deeply loved by Chinese people, and its performance in the Chinese market is very strong, beating BMW and Audi to become the best-selling luxury brand in the world. In addition to Mercedes-Benz, Daimler's trucks and commercial vehicles are also in the leading position in the world, so it is not difficult for Daimler to enter the top three.

No. 4: Ford

Ford has had a hard time in the Chinese market in recent years, and its performance in China is not as good as it used to be, but it is not to be underestimated in the global market. In 2018, Ford stopped its car business in the United States and focused on developing SUV and pickup trucks, which reduced a lot of unnecessary investment for Ford and enabled Ford to achieve revenue and profit growth.

No. 5: general Group

As the largest carmaker in the United States, General Motors Group has many brands such as Cadillac, Buick, Chevrolet and so on, and its group size is no less than that of Volkswagen, but its operating income is far lower than that of Volkswagen. Mainly because of its poor business in China, the world's largest market. Although GM's ranking is still in the past, in fact, its actual profit is very bleak, and its sales in the Chinese market are achieved by exchanging price for volume.

No. 6: Honda

In terms of the number of family brands, the Honda family is not large, with only Honda and Acura brands. But Honda's goal is very clear. Honda focuses on Japan and China, while Acura competes in overseas markets. Honda's Civic and Accord models have good sales in China and North America, bringing a lot of revenue to Honda.

No. 7: SAIC

SAIC is currently the largest automobile enterprise in China. as the leader of the domestic automobile industry, SAIC has 18 sub-brands, including Roewe, Mingjue, SAIC General Motors and SAIC Volkswagen, and so on. in addition to making good profits on joint venture brands, SAIC is also related to its achievements in independent brands in recent years.

No. 8: BMW Group

Like Honda, BMW Group does not have too many sub-brands, only BMW, MINI and Rolls-Royce, but this does not affect its dominance in the high-end market. As one of the three swordsmen of German luxury brands, BBA, BMW ranks eighth with revenue of 115.0428 billion.

No. 9: Nissan

As one of the top three Japanese companies like Toyota and Honda, Nissan ranks ninth with a score of 104.3906 billion. Although it is far inferior to Toyota and Honda in terms of operating income, it is also tit-for-tat with the two fields in product layout to carve up the family car market.

No. 10: Dongfeng Motor

As the second Chinese car company on the list, Dongfeng Motor has more than 20 sub-brands, but despite the large number of brands, few of its own brands can be sold, and most of its profits come from its joint venture brands. In this way, it is not surprising that Dongfeng Motor ranked tenth.

Judging from the list, the number of Chinese car companies on the list is neck and neck with that of the United States, and the ranking has risen somewhat, but in terms of revenue and profits, the profitability of traditional car companies is still stronger. Although Chinese car companies are on the list, their profitability is still weaker than that of foreign established cars.

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