The best example of a company with a high brand value isApple, or, regarding automobiles,TeslaorPorsche.
Opinions aside, however, here are the most valuedcar companiesbased on each company’s financial figures.
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A line of cars on a car assembly line at the Vauxhall car factory, UK. It ceased production in March 2020 and will only resume once physical distancing measures are in place. Photo: Colin McPhersonSource: Getty Images
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Toyota Motor Corporationhas recently surpassedMercedes-Benzas themost prosperous car companyworldwide.
The Japanese company’s brand equity climbed by 2% to$59.47 billion.
Sakichi Toyoda founded this top-earning automobile manufacturer in 1926.
Workers assemble a BYD electric car in Huai ‘an, East China’s Jiangsu Province, Aug. 10, 2021. Photo: CostfotoSource: Getty Images
Not only doesToyotamakecars, but they are also involved in producing electronics, textile machinery and air-conditioning compressors.
The Japanese based company manufactured over 10,5 million vehicles in 2020.
According toForbes,Toyota Motorcleared a profit of $14.3 billion in 2020.
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Sometimes automobile corporations are valued based on the number ofvehicles manufacturedby the company within a year.
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Tesla vehicles plugged in and charging at a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in Silicon Valley, California. Photo: Smith CollectionSource: Getty Images
Technology is another high-revenue industry as electronics become more and more vital in life.
Read more withBriefly.co.zato see which other sectors are considered the most successful.
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A Volkswagen Golf parked in an employee parking lot in front of the VW plant in Wolfsburg. Photo: JulianSource: Getty Images
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Toyota Mirai hydrogen fuel cell car on display at Brussels Expo. The Mirai is one of the first hydrogen fuel-cell vehicles to be sold commercially. Photo: Sjoerd van der WalSource: Getty Images
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A view of electric cars at NIO’s flagship store in Beijing, China, June 21, 2021. NIO led a $315 million investment in Uxin used cars. Photo: CostfotoSource: Getty Images
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