Top Automakers by Revenue

2023 car sales revenue was $2.1 trillion worldwide for the top 20 automakers combined, up 10% year over year.

VW had the highest automaker revenue of $289 billion, up 18%.

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	VW	$288.7 Billion	↑ 18%
2	Toyota	$275.2 Billion	↑ 7%
3	Stellantis	$204.1 Billion	↑ 6%
4	Ford	$165.9 Billion	↑ 11%
5	GM	$157.7 Billion	↑ 10%
6	BMW	$142.8 Billion	↑ 8%
7	Mercedes	$136.6 Billion	↓ 1%
8	Hyundai	$125.7 Billion	↑ 11%
9	Honda	$91.1 Billion	↑ 14%
10	Nissan	$83.8 Billion	↑ 5%
11	Tesla	$82.4 Billion	↑ 15%
12	Kia	$77.1 Billion	↑ 12%
13	Renault	$57.9 Billion	↑ 17%
14	Tata	$52.5 Billion	↑ 26%
15	Volvo	$39.8 Billion	↑ 26%
16	Suzuki	$32.3 Billion	↑ 3%
17	Mazda	$31.9 Billion	↑ 10%
18	Subaru	$31.1 Billion	↑ 9%
19	Geely	$25.3 Billion	↑ 18%
20	Great Wall	$21.7 Billion	↑ 27%
2023 Top 20 Automakers Revenue		$2.1 Trillion	↑ 10%

Previous Report: 2022 2021

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