Last Updated on January 22, 2023 by Leepu Da Maxim
Some of the best OEMs in the automotive industry are Volkswagen, Toyota, Ford, Honda, BMW, Daimler, etc.
- Volkswagen (VW) designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, etc.
- Toyota was founded in 1937 by Kiichiro Toyoda and is one of the largest car manufacturers in the world
- Honda was founded in 1948 by Soichiro Honda and it is one of the largest automakers in the world
- Nissan is a multinational automobile manufacturer and its vehicles are sold under the Nissan, Infiniti, and Datsun brands
Top 10 OEMs In The Automotive Industry By Revenue
|1. Volkswagen||$290.2 B||Germany|
|2. Toyota||$272.3 B||Japan|
3. Stellantis (PSA – FCA)
|4. Ford||$156 B||United States|
|5. Honda||$143.1 B||Japan|
6. General Motors
|7. BMW||$116.9 B||Germany|
|8. Daimler||$104.6 B||Germany|
|10. Hyundai||$90.8 B||South Korea|
Main 10 OEMs In The Automotive Industry
Many of these giant companies are well-positioned within the automotive industry. So, it’s not just the largest group of OEMs in the world. Many of them are also major automakers throughout the world. So, this position has been earned probably due to excellent parts manufacturing.
Better known as Volkswagen group, this brand is a multinational corporation of German origin, that is in constant innovation throughout its years of existence. Within this group, you will find a wide variety of automobile brands.
Also, Volkswagen specifically means people’s cars and that is why this company emerged on a large scale. In 2019 this company managed to reach a number of $290.2 billion. This also allowed it to rank first in terms of the world’s leading manufacturers.
Toyota is a company of Japanese origin that was founded in August 1937. At the same time today, it is a large corporation that is at the top of the automotive industry worldwide. With this we can find a wide variety of vehicles for different customer segments.
In 2019, the corporation reached $272.3 billion. So, it is the second-largest manufacturer of original automotive parts in the world. Of course, this also allows it to have a large flow of parts for the manufacture of its vehicles.
3. Stellantis (PSA – FCA)
Originally from the Netherlands, this corporation is one of the most important automobile manufacturers in the world. It is a multi-brand function that has enabled it to achieve the highest results in recent years.
Thus, the revenue of this corporation has exceeded $200 billion in 2019. While this is not the highest place, it is certainly a major competitor at the global level.
Ford is another one of the giants of the industry that has achieved a wide conquest of the automobile market since it was founded in 1903 in the United States. In this case, Ford is another major manufacturer of original parts Beyond being mainly engaged in the sale of vehicles of different types.
In 2019, this large automotive company has managed to earn a revenue of more than $156 billion. Thus, it ranks within the top 10 of the largest original parts manufacturers in the automotive industry.
Honda is another of the world’s largest companies with its origins in Japan. It is a Japanese public multinational conglomerate dedicated to the manufacture of different vehicles. That is why we can find power equipment in addition to motorcycles and powerful vehicles.
The great development of this corporation has allowed it to obtain a revenue of more than $143 billion in 2019. So, it stands firmly within the automotive industry for a long time.
6. General Motors
No one can doubt that General Motors vehicles are highly sought after internationally in various parts of the world. This large multinational corporation of American origin is dedicated to the manufacture of original parts and the sale of vehicles.
It also ranks among the top 10 automotive industry giants because it has earned a revenue of more than $137 billion.
Another German company is BMW and it is another giant since it is a multinational corporation. So, this corporation is engaged in the manufacture of motorcycles and luxury vehicles. So, it must also manufacture a set of original parts to stand out from the rest.
It is in the top 10 of the world’s largest corporations because it has earned a revenue of more than $116 billion. So, it has its place secured in the industry for many years to come.
This company is also commonly known as Mercedes Benz and is another one of the giants of Germany. Besides manufacturing luxury automobiles, Mercedes-Benz is also engaged in manufacturing trucks. Rising to the level of fame has allowed it to conquer a good part of the global automotive market.
In 2019, this corporation has earned a revenue of more than $104 billion. More of a reason why some people prefer Mercedes Benz to other makers.
Once again, Japan has the third-largest original vehicle parts manufacturer in the whole world. It is a large corporation that has achieved ninth place with a revenue of $92 billion in 2019.
This is possible as Nissan has a wide variety of vehicles for different types of users. We can also find other vehicles under brands such as Datsun and Infinity. A large number of people all over the world undoubtedly enjoy Nissan vehicles.
Finally, the large multinational corporation and conglomerate from South Korea have obtained an excellent position among the largest in the automotive industry in the world. Mostly dedicated to the Asian market, Hyundai is in constant expansion due to its vehicles with peculiar technology and features.
Hyundai has earned a revenue of nearly $91 billion in 2019. Of course, many of the parts used are manufactured by this same corporation. So, this is a car brand that is definitely in good health and will remain strong in the automotive market for a long time to come.
Although these corporations are the largest original parts manufacturers in the world, the truth is that year after year new competitors may appear. So, this is not a definitive list that will remain unchanged over the years.