Vehicle manufacturing is a huge industry. So, the heat and competition is so high. Each year every manufacturer is trying to get the title the best car brand in the world. Some car brands like Bugatti is very popular as a sports car brand. Some other brands like Porsche and Jaguar are most popular as luxury car brand. Also, Ford, AMC vehicle manufacturers are world renewed as best pickup truck manufacturers. So, we can’t define this brand is the overall best. But, for each category there are specialist and brands that have mastered to manufacture the best. So, let’s figure out which is the best car brand in 2020.
Did you Know? There are about 14 major vehicle manufacturers in the world. Also, the number of famous brands are over 60.
Best selling car brand in 2020?
According to the Global auto database (GAB) Toyota corolla was the best selling car model brand in both 2018 and 2019 years. In 2019 over 1.2 million Toyota corolla cars was sold all around the world. Toyota is a Japanese car manufacturer biased in Tokyo. The most famous vehicle brands like The Prius, RAV 4, Prado are products of Toyota. For the last decade, Toyota holds the worlds largest market for cars, making it the most preferred vehicle brand around the world.
Did you know? In 2019 there was 257 car models available in the USA automobile market. 36 New modals were introduced to the market in 2019. This shows the competitiveness in the automobile industry.
Ford F-series is in the second place in top selling vehicles selling over 1 million in 2019. In the third place it is Toyota again. Toyota Rav 4, a compact crossover SUV was sold 0.9 million times in 2019. Honda Civic a compact sedan car is in the forth place of the list while another Honda SUV, the CR-V holds the fifth place. Both models recorded over 0.8 million sales in 2019.
In the top 10 list there is another Toyota car in the 8th position. The Toyota Camry. Camry is a mid size compact car brand.
Most profitable car companies in the world?
When you produce good and attractive products you will generate a more income. With a high income the more profit you can make. So, the yearly turnover of a company is a good index to figure out which car brand is best and most popular around the world.
Guess what, Who is the top? Yeah! It is Toyota again. In 2019 the net income of Toyota motor cooperation was above 17.5 Billion US dollars. The sales in North America boosted the net income of Toyota slightly. They are expected to sale nearly 9 million cars in the first quarter of the year 2020. Toyota own many other world famous car brands like Lexus, Daihatsu, Subaru, Toyota racing development and Hino motors.
In at second place the world famous German car manufacturer, Volkswagen. Volkswagen made a 16.85 Billion US dollar profit in year 2019. In 2015 the company was charged for emitting scandal. The sales and the stock price went down since the incident. But, Volkswagen car brand now successfully recovered from it and now making a huge profit.