Top Automakers by Revenue

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2021 car sales revenue was $1.7 trillion worldwide for the top 20 automakers combined, up 6% over last year.

Toyota had the highest automaker revenue of $239 billion, up 5%.

Revenue is not final earnings for automakers. Revenue reveals the total amount of money earned before operating costs are deducted.

Foreign currencies were converted to US dollars using exchange rates from each automaker’s fiscal year end date.

Car Sales by Revenue
Rank	Automaker	Revenue	Status
1	Toyota	$238.6 Billion	↑ 5%
2	VW	$233.9 Billion	↑ 5%
3	Stellantis	$172.5 Billion	↑ 5%
4	Ford	$126.2 Billion	↑ 9%
5	Mercedes	$124.4 Billion	↑ 3%
6	GM	$113.6 Billion	↑ 5%
7	BMW	$108.3 Billion	↑ 9%
8	Hyundai	$98.9 Billion	↑ 3%
9	Honda	$75.1 Billion	↓ 3%
10	Nissan	$69.2 Billion	↓ 3%
11	Kia	$58.7 Billion	↑ 8%
12	Renault	$54.2 Billion	↑ 2%
13	Tesla	$47.2 Billion	↑ 74%
14	Tata	$36.7 Billion	↑ 8%
15	Volvo	$31.2 Billion	↓ 3%
16	Suzuki	$26.3 Billion	↑ 24%
17	Mazda	$25.6 Billion	↓ 2%
18	Subaru	$22.5 Billion	↓ 12%
19	Great Wall	$19.1 Billion	↑ 36%
20	Geely	$16 Billion	↑ 14%
2021 Top 20 Automakers Revenue		$1.7 Trillion	↑ 6%

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Why are SAIC and Dongfeng omitted from the revenue report?

SAIC sold 5.5 million vehicles for $119 billion in revenue for 2021, but about 4.3 million of these sales came from other brands, with the majority coming from GM and VW.

Foreign brands cannot sell vehicles in China unless they are affiliated with a Chinese-owned company. Both SAIC and Dongfeng are owned by the Chinese government, and the majority of their revenue comes from other automakers like GM, VW, Honda, and Nissan.

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