Automotive companies constantly contest with one another for offering the best services to prospective customers. Several car companies are competitive enough but the question is what the most competitive companies are this year? There are well-known names when focusing on this field of automotive. The difference that makes these companies to be outstanding is the provision of new model for each unfolding years and as a matter of fact the new models satisfies customer’s different needs and requirements. The following is a comprehensive rating of top ten car companies in the year 2014.
Top car companies of 2014
Mercedes Benz
· A German car company that was established in June 1926 by Germans named Karl Benz and Paul Daimler. Mercedes Benz is often known for manufacturing luxury cars that are perceived to be amongst the top selling in the world. Its headquarters is in Stuttgart, Germany. Its division is Daimler AG; a German automaker whose annual revenue estimates is about $154.09billion.
BMW
· This is also one of the biggest automobile manufacturers worldwide. A German company founded by Franz Joseph Popp in March 1916. It’s an abbreviation for Bayerische Motoren Werke having their headquarters in Munich, Germany. Their annual revenue is approximately $103.59billion.
Toyota Motor Company
· A Japanese automaker commonly referred to as TOYOTA. It was established in August 1937 by Kiichiro Toyoda. The company has its headquarters is located in Toyota, Aichi, Japan and its annual revenue is approximated at $216.12 billion.
General Motors
· This is an American automobile maker that was established in 1908. It is commonly referred to as GM and it makes its automobiles under ten brands some of which are Cadillac and Chevrolet. It has its headquarters situated in Detroit, Michigan, United States. Their annual revenue is approximately $150.27 billion.
Ford Motor Company
· This is an American automobile company known as Ford. The company was founded by Henry Ford in June 1903. It was branded Ford after the name of the founder. The company has its headquarters situated in Dearborn, Michigan in the United States. Their annual revenue is approximately $134.3billion.
Fiat Automobiles
· This is an abbreviation for Fabbrica Italian Automobile Torino. This is an Italian automaker which is the biggest manufacturer for automobiles in the republic of Italy. The company was founded in July 1899 by Giovanni Agnelli. It has its headquarters being in Turin, Italy. The annual revenue estimates of the company are about $113.18 billion.
Nissan Motor Company
· This is a Japanese automotive manufacturer commonly referred to as Nissan. Nissan Company was founded in the year 1933 and has its headquarters in Nnishi-ku, Yokohama, Japan. It has annual revenue approximated at $94.33 billion.
Chrysler Group LLC
· This is an American automaker that was established in 2009. It has its headquarters in Auburn Hills, Michigan, U.S. their annual revenue is approximately $65.78billion.
Kia
· This is a Korean automotive company founded in June 1994. It has its headquarters being in Seoul, South Korea. Their annual revenue is about $42.45billion.
Jaguar Land Rover
· This is a British automotive company that was established in 2008. Its headquarters is in Whitley, Coventry, U.K. The company’s annual revenue is approximately $25.94billion.
According to the above rating of top car manufacturers of 2014 conducting the dsa theory test would be appropriate in determining their exact financial capabilities.