[Ranking] TOP 25 Auto Dealerships / Automotive Companies Q3/2023
Intro
Auto dealerships play a vital role in the worldwide economy, serving as the primary point of contact for individuals and businesses seeking to purchase vehicles. These dealerships provide a crucial link between automotive manufacturers and consumers, offering a wide range of vehicle options, financing solutions, and after-sales services.
The influence of the auto dealership industry extends far beyond just the sale of vehicles. It has a ripple effect across diverse sectors such as finance, insurance, and transportation. The success and health of the auto dealership industry can have a significant impact on the overall economy, as it affects employment rates, consumer spending, and business investments.
In recent years, the auto dealership industry has demonstrated remarkable economic magnitude and continues to experience an upward trajectory. As the demand for vehicles continues to rise globally, the industry has seen steady growth and increased profits. This growth is fueled by factors such as population growth, urbanization, and improving living standards in emerging markets.
The auto dealership industry is constantly evolving, shaped by various trends, breakthroughs, and obstacles. One of the prominent trends is the increasing popularity of electric vehicles (EVs) and the need for dealerships to adapt to this shift in consumer preferences. Additionally, advancements in digital technology and online sales platforms have transformed the way customers interact with dealerships and make purchasing decisions. However, challenges such as changing consumer expectations, regulatory changes, and competition from online car-buying platforms pose obstacles that require innovative solutions.
The landscape of the auto dealership industry is ever-changing, driven by technological advancements, market dynamics, and evolving consumer preferences. It is essential to understand the leading companies in this industry to gain insights into the strategies, innovations, and best practices that drive their success. By exploring the top companies in the auto dealership sub-industry, we can gain a deeper understanding of the industry's landscape and its impact on the automotive sector as a whole.
Ranking
#25 Mitsubishi Motors Corporation
Employees: 23K
Revenue: 5.8B$
Website: https://www.mitsubishi-motors.com/
Description: Mitsubishi Motors Corporation, headquartered in Tokyo, Japan, is a leading automotive company operating in the Auto Dealerships industry. Established in 1970, Mitsubishi Motors has grown to become a prominent player in the global automotive market. With a workforce of approximately 23,000 employees, the company focuses on designing, manufacturing, and selling a wide range of vehicles, including cars, trucks, and SUVs. Mitsubishi Motors has a strong presence in Asia and has expanded its operations globally, catering to a diverse customer base. The company's commitment to innovation, reliability, and sustainability has contributed to its success in the highly competitive automotive industry. Mitsubishi Motors generates significant revenue, with annual earnings reaching 5.8 billion US dollars.
#24 BYD Company Limited
Employees: 220K
Revenue: 14.6B$
Website: https://www.byd.com/
Description: BYD Company Limited is an automotive company headquartered in Shenzhen, China. Founded in 1995, the company has grown to become a prominent player in the auto dealerships industry. With a workforce of 220,000 employees, BYD operates globally, providing a wide range of automotive products and services. The company's revenue stands at approximately 14.6 billion US dollars. BYD is known for its expertise in electric vehicles and is a leading manufacturer and seller of electric cars, buses, and other electric transportation solutions. The company's commitment to sustainability and innovation has positioned it as a key player in the automotive industry, driving the transition towards greener and more sustainable transportation options.
#23 Mahindra & Mahindra Limited
Employees: 240K
Revenue: 19.5B$
Website: https://www.mahindra.com
Description: Mahindra & Mahindra Limited, headquartered in Mumbai, India, is a leading player in the Auto Dealerships industry. Founded in 1945, the company has grown to become one of the largest automotive manufacturers in India. With a workforce of approximately 240,000 employees, Mahindra & Mahindra operates a wide network of auto dealerships across the country, offering a diverse range of vehicles including cars, commercial vehicles, and recreational vehicles. The company has established a strong presence in the Indian automotive market and has expanded its operations internationally as well. With an annual revenue of 19.5 billion dollars, Mahindra & Mahindra continues to innovate and deliver high-quality products and services to its customers.
#22 Geely Automobile Holdings Limited
Employees: 120K
Revenue: 23B$
Website: https://www.geelyauto.com/
Description: Geely Automobile Holdings Limited is a China-based company that operates in the Auto Dealerships industry. Headquartered in Hangzhou, China, Geely was founded in 1986. With approximately 120,000 employees, the company has established itself as a leading player in the automotive market. Geely focuses on designing, manufacturing, and selling automobiles and related components. The company's revenue stands at 23 billion dollars. Geely has a strong global presence and has expanded its operations to various countries, offering a wide range of vehicles to meet the diverse needs of consumers worldwide.
#21 Mazda Motor Corporation
Employees: 50K
Revenue: 25B$
Website: https://www.mazda.com
Description: Mazda Motor Corporation is a Japanese automotive manufacturer headquartered in Hiroshima, Japan. Founded in 1920, Mazda is known for producing a range of vehicles including cars, trucks, and SUVs. With approximately 50,000 employees, Mazda operates in the auto dealerships industry, offering its vehicles through a global network of authorized dealerships. The company is committed to innovation and has introduced advanced technologies in its vehicles, such as the SKYACTIV engine and the KODO design language. Mazda has a strong presence in the automotive market and generates revenue of around 25 billion US dollars.
#20 Subaru Corporation
Employees: 25K
Revenue: 30B$
Website: https://www.subaru-global.com/
Description: Subaru Corporation, headquartered in Tokyo, Japan, is a prominent player in the Auto Dealerships industry. Founded in 1953, Subaru has established itself as a leading automotive manufacturer with a focus on producing reliable and innovative vehicles. With approximately 25,000 employees, Subaru operates a global network of auto dealerships, catering to customers' automobile needs across various continents. The company's revenue of 30 billion dollars reflects its strong presence in the market. Subaru's commitment to quality, safety, and environmentally friendly practices has earned it a loyal customer base and recognition as a trusted brand in the automotive industry.
#19 Jaguar Land Rover Automotive PLC
Employees: 40K
Revenue: 30B$
Website: https://www.jaguarlandrover.com
Description: Jaguar Land Rover Automotive PLC, headquartered in Coventry, United Kingdom, is a leading company in the Auto Dealerships industry. Founded in 1922, the company has been manufacturing and selling luxury vehicles under the Jaguar and Land Rover brands. With approximately 40,000 employees, Jaguar Land Rover operates a global network of dealerships, providing customers with a wide range of high-quality cars and SUVs. The company's revenue is estimated to be around 30 billion dollars. Jaguar Land Rover is known for its commitment to innovation, design, and engineering excellence, offering cutting-edge technology and luxurious features in their vehicles. Through their strong presence in the Auto Dealerships industry, Jaguar Land Rover continues to deliver exceptional driving experiences to customers worldwide.
#18 Suzuki Motor Corporation
Employees: 50K
Revenue: 35B$
Website: https://www.globalsuzuki.com/
Description: Suzuki Motor Corporation, headquartered in Hamamatsu, Japan, is a leading player in the Automotive industry. Founded in 1909, Suzuki has a long-standing presence in the market. The company operates in Auto Dealerships, offering a wide range of vehicles including cars, motorcycles, and outboard motors. With a global workforce of approximately 50,000 employees, Suzuki has established a strong reputation for producing reliable and fuel-efficient vehicles. The company's revenue stands at 35 billion dollars, reflecting its successful performance in the competitive automotive market.
#17 Volvo Group
Employees: 100K
Revenue: 40B$
Website: https://www.volvogroup.com
Description: The Volvo Group, headquartered in Gothenburg, Sweden, is a prominent player in the auto dealership industry. With a rich history dating back to 1927, the company has established itself as a leading global manufacturer of trucks, buses, and construction equipment. The Volvo Group operates through various brands such as Volvo Trucks, Volvo Buses, and Volvo Construction Equipment, each catering to specific customer needs. With a workforce of approximately 100,000 employees, the company focuses on delivering innovative and sustainable solutions to meet the evolving demands of the automotive sector. The Volvo Group's revenue stands at around 40 billion USD, highlighting its significant presence and financial strength in the industry.
#16 Tata Motors Limited
Employees: 80K
Revenue: 42B$
Website: https://www.tatamotors.com
Description: Tata Motors Limited, headquartered in Mumbai, India, is a prominent player in the Auto Dealerships industry. Founded in 1945, the company has a workforce of approximately 80,000 employees. With an annual revenue of around 42 billion dollars, Tata Motors is a key contributor in the automotive sector. The company operates a wide network of auto dealerships, providing customers with a range of vehicles including cars, trucks, and commercial vehicles. Tata Motors has established itself as a leading automotive brand, known for its innovation, quality, and customer satisfaction. Through its extensive dealership network, the company strives to meet the diverse transportation needs of individuals and businesses.
#15 Geely Group
Employees: 180K
Revenue: 47B$
Website: https://www.geely.com
Description: Geely Group is a leading automotive company based in Hangzhou, China. Founded in 1986, Geely Group operates in the auto dealership industry and has established itself as a major player in the global automotive market. With a workforce of approximately 180,000 employees, Geely Group is dedicated to designing, manufacturing, and selling vehicles that meet the evolving needs of customers worldwide. The company's revenue reached 47 billion dollars, reflecting its strong market presence and successful business operations. Geely Group's commitment to innovation and sustainable mobility has positioned it as a key player in the automotive industry, driving its continued growth and success.
#14 Renault S.A.
Employees: 180K
Revenue: 55B$
Website: https://www.renault.com
Description: Renault S.A. is a leading automotive company headquartered in Boulogne-Billancourt, France. With a rich history dating back to 1899, Renault has established itself as a prominent player in the automotive industry. The company operates in the Auto Dealerships sector, offering a wide range of vehicles to customers worldwide. Renault is known for its innovative designs, advanced technologies, and commitment to sustainability. With a workforce of approximately 180,000 employees, Renault generates an annual revenue of around 55 billion US dollars. Through its global network of dealerships, Renault aims to provide customers with high-quality vehicles and exceptional service.
#13 Kia Motors Corporation
Employees: 100K
Revenue: 60B$
Website: https://www.kia.com/
Description: Kia Motors Corporation, headquartered in Seoul, South Korea, is a leading player in the auto dealership industry. Founded in 1944, Kia has grown to become one of the largest automotive manufacturers in the world. With approximately 100,000 employees, Kia operates a vast network of auto dealerships across the globe, offering a wide range of vehicles to customers. The company's revenue stands at an impressive 60 billion dollars, reflecting its strong presence and success in the automotive market. Kia is known for its innovative designs, advanced technology, and commitment to producing high-quality vehicles that cater to the evolving needs and preferences of consumers worldwide.
#12 Peugeot S.A.
Employees: 200K
Revenue: 70B$
Website: https://www.peugeot.com
Description: Peugeot S.A. is a leading automotive company in the auto dealership industry. Headquartered in Paris, France, Peugeot has a rich history dating back to its founding in 1810. With a workforce of approximately 200,000 employees, the company operates in Europe and other regions, offering a wide range of vehicles and services. Peugeot's revenue stands at an impressive 70 billion dollars, making it one of the key players in the industry. Committed to innovation and sustainable mobility, Peugeot continues to deliver high-quality vehicles that meet the evolving needs of customers worldwide.
#11 Groupe PSA
Employees: 210K
Revenue: 74B$
Website: https://www.groupe-psa.com/
Description: Groupe PSA, headquartered in Paris, France, is a leading player in the automotive industry. With a history dating back to 1976, the company has established itself as a prominent name in the global auto dealership sector. Groupe PSA operates a vast network of dealerships, offering a wide range of vehicles to customers around the world. With a workforce of approximately 210,000 employees, the company has a strong presence in the market. In terms of revenue, Groupe PSA generated a staggering 74 billion dollars, solidifying its position as one of the top revenue-generating companies in the automotive industry. Through its innovative approach and commitment to customer satisfaction, Groupe PSA continues to shape the future of auto dealerships worldwide.
#10 Hyundai Motor Company
Employees: 57K
Revenue: 90B$
Website: https://www.hyundai.com
Description: Hyundai Motor Company, headquartered in Seoul, South Korea, is a leading automotive manufacturer in the Asia region. Founded in 1967, the company has grown to become one of the largest automobile manufacturers globally. With a workforce of approximately 57,000 employees, Hyundai operates in the auto dealership industry, providing a wide range of vehicles to customers around the world. The company's revenue stands at an impressive 90 billion dollars, showcasing its strong presence and success in the automotive market. Hyundai's commitment to innovation, quality, and customer satisfaction has contributed to its reputation as a trusted and respected brand in the industry.
#9 Nissan Motor Co., Ltd.
Employees: 136K
Revenue: 92B$
Website: https://www.nissan-global.com/
Description: Nissan Motor Co., Ltd. is a leading automotive company headquartered in Yokohama, Japan. Founded in 1933, Nissan has established itself as a prominent player in the auto dealership industry. With over 136,000 employees worldwide, the company operates a vast network of dealerships that offer a diverse range of Nissan vehicles to customers. Nissan's revenue stands at a staggering 92 billion dollars, reflecting its success in the automotive market. As a global brand, Nissan continues to innovate and produce high-quality vehicles that cater to the needs and preferences of customers around the world.
#8 Bayerische Motoren Werke AG (BMW)
Employees: 133K
Revenue: 111B$
Website: https://www.bmw.com
Description: Bayerische Motoren Werke AG (BMW) is a German automotive company headquartered in Munich, Germany. Founded in 1916, BMW operates in the Auto Dealerships industry. With approximately 133,000 employees, BMW is a major player in the automotive industry. The company generates an annual revenue of around 111 billion dollars. BMW is known for its luxury vehicles, motorcycles, and high-performance cars. The company focuses on innovation and craftsmanship, offering a wide range of models that cater to different customer preferences. BMW has a strong global presence and continues to be a leading brand in the automotive market.
#7 Fiat Chrysler Automobiles N.V.
Employees: 198K
Revenue: 143.6B$
Website: https://www.fcagroup.com
Description: Fiat Chrysler Automobiles N.V. is a leading player in the Auto Dealerships industry. Headquartered in Auburn Hills, United States, the company was founded in 2014. With approximately 198,000 employees, Fiat Chrysler Automobiles operates globally, providing a wide range of automobile products and services. The company's revenue reached an impressive 143.6 billion US dollars. Fiat Chrysler Automobiles is committed to delivering high-quality vehicles and exceptional customer experiences, solidifying its position as a key player in the automotive industry.
#6 Honda Motor Co., Ltd.
Employees: 220K
Revenue: 150B$
Website: https://www.honda.com
Description: Honda Motor Co., Ltd. is a leading automotive company operating in the Auto Dealerships industry. Headquartered in Tokyo, Japan, Honda was founded in 1948. With a workforce of approximately 220,000 employees, the company has established itself as a major player in the automotive sector. Honda generates an impressive revenue of 150 billion dollars, consolidating its position as one of the top earners in the industry. Committed to delivering high-quality vehicles, Honda continues to innovate and expand its product offerings, solidifying its reputation as a trusted and reliable brand in the global automotive market.
#5 General Motors Company
Employees: 164K
Revenue: 152B$
Website: https://www.gm.com
Description: General Motors Company, headquartered in Detroit, United States, is a leading player in the Auto Dealerships industry. Established in 1908, the company has a workforce of approximately 164,000 employees. With annual revenues of around 152 billion US dollars, General Motors operates globally, providing a wide range of automotive products and services. The company's portfolio includes popular brands such as Chevrolet, Buick, GMC, and Cadillac. General Motors is known for its innovation and commitment to electric and autonomous vehicles, leading the industry towards sustainable and connected mobility solutions.
#4 Ford Motor Company
Employees: 190K
Revenue: 160B$
Website: https://www.ford.com
Description: Ford Motor Company, headquartered in Dearborn, United States, is a leading player in the Automotive industry, specifically in the Auto Dealerships sector. Founded in 1903, the company has grown to employ approximately 190,000 individuals worldwide. With an annual revenue of around 160 billion dollars, Ford has established itself as a prominent and influential presence in the industry. Ford Motor Company operates a vast network of auto dealerships globally, offering a wide range of vehicles and related services to customers. The company's commitment to innovation, quality, and sustainability has enabled it to maintain a strong market position and deliver exceptional value to its stakeholders.
#3 Daimler AG
Employees: 298K
Revenue: 191.8B$
Website: https://www.daimler.com
Description: Daimler AG, headquartered in Stuttgart, Germany, is a leading automotive company operating in the Auto Dealerships industry. Founded in 1926, Daimler has grown to become one of the largest automotive manufacturers globally. With nearly 300,000 employees worldwide, Daimler is known for its premium brands including Mercedes-Benz, Mercedes-AMG, and Smart. The company's auto dealerships offer a wide range of vehicles, from luxury cars and SUVs to electric and autonomous vehicles. Daimler's commitment to innovation and sustainable mobility has positioned it as a key player in the automotive industry. In 2020, Daimler generated a revenue of 191.8 billion US dollars, solidifying its position as a major player in the global auto dealerships market.
#2 Toyota Motor Corporation
Employees: 370K
Revenue: 275B$
Website: https://www.toyota-global.com/
Description: Toyota Motor Corporation, headquartered in Toyota City, Japan, is a leading automotive company in the Auto Dealerships industry. Founded in 1937, Toyota has become one of the largest automobile manufacturers globally. With approximately 370,000 employees, Toyota operates a vast network of auto dealerships worldwide, offering a wide range of vehicles to customers. The company's revenue reaches an impressive 275 billion dollars, reflecting its strong market presence and customer demand for Toyota vehicles. Toyota remains committed to innovation, quality, and sustainability, continuously striving to deliver reliable and efficient vehicles to meet the needs of consumers in the automotive industry.
#1 Volkswagen AG
Employees: 670K
Revenue: 282.7B$
Website: https://www.volkswagenag.com
Description: Volkswagen AG, headquartered in Wolfsburg, Germany, is a leading player in the Auto Dealerships industry. With a rich history dating back to its founding in 1937, Volkswagen has become a renowned automotive brand globally. The company boasts a staggering 670,000 employees, making it one of the largest employers in the industry. Volkswagen AG's revenue stands at an impressive 282.7 billion US dollars, solidifying its position as a major revenue generator. With its commitment to innovation and sustainable mobility, Volkswagen AG continues to shape the automotive landscape and deliver high-quality vehicles to customers worldwide.
Summary
The analysis of the Auto Dealerships sub-industry within the Automotive sector has revealed some interesting findings. The top companies in this sub-industry have been ranked based on their revenue, market share, and customer satisfaction. Notably, Company A has emerged as the leader in the Auto Dealerships sub-industry, with impressive revenue growth and a strong market presence. Company B and Company C have also demonstrated remarkable performance, securing the second and third positions respectively.
One unexpected finding from the investigation is the increasing trend of online car sales. With the rise of e-commerce and digital platforms, more customers are opting to purchase vehicles online, bypassing traditional dealerships. This shift in consumer behavior has challenged auto dealerships to adapt and offer innovative online purchasing experiences.
The premier companies in the Auto Dealerships sub-industry include Company A, Company B, and Company C. These companies have established themselves as key players in the market, with a wide range of vehicle options and exceptional customer service.
One shared element among the top companies is their emphasis on building strong relationships with customers. They prioritize customer satisfaction and invest in providing personalized experiences. Additionally, these leading firms have implemented advanced technologies to enhance the car buying process, such as virtual showrooms and augmented reality tools.
What sets these eminent auto dealership companies apart from their rivals is their focus on innovation and diversification. They constantly adapt to changing market trends and introduce new services to cater to evolving customer needs. Moreover, these companies have successfully built strong brand identities, which contribute to their competitive advantage in the industry.