World`s most valuable car brands

World`s most valuable car brands

Pic: iStock

Mid-Day
Lifestyle
By Raaina Jain
Published Dec 18, 2024
Here are the top five car brands according to market cap as on December 9, 2024

Here are the top five car brands according to market cap as on December 9, 2024

Source: Companies Market Cap

The first on the list is American automobile brand Tesla, with a market cap of USD 1.23 trillion.

Tesla

The first on the list is American automobile brand Tesla, with a market cap of USD 1.23 trillion.

Pic: Instagram/@teslamotors

The second most valuable car brand is Japan-based Toyota, with a market cap of USD 233.26 billion.

Toyota

The second most valuable car brand is Japan-based Toyota, with a market cap of USD 233.26 billion.

Pic: Instagram/@toyota

BYD

China-based automobile brand BYD ranked third, with a market cap of USD 107.52 billion.

Pic: Instagram/@byd_global

Xiaomi

Fourth on the list is another China-based company Xiaomi, with a market cap of USD 105.72 billion.

Pic: Xiaomi website

Ferrari

Italian luxury sports car manufacturer Ferrari is placed fifth, with a market cap of USD 80.98 billion.

Pic: Instagram/@ferrari

Indian car brands in the list

Three Indian automobile companies made it to Top 50 most valuable car brands list.

Mahindra & Mahindra

Mahindra & Mahindra ranked 11th with a market cap of USD 43.12 billion. Anand Mahindra also took to X to share the rankings.

Pic: Mahindra website

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Maruti Suzuki India

Maruti Suzuki India ranked 13th, with a market cap of USD 41.81 billion.

Pic: iStock

Tata Motors

Tata Motors is also among the Top 20, being placed on the 17th position with a market cap of USD 34.67 billion.

Pic: Instagram/@tatamotorscars

Horoscope today: December 18, 2024

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