Based on the information available up to September 26, 2024, here's an overview of the market caps of some of the world's leading automakers:
- Tesla has been at the forefront with a market cap fluctuating around $706 billion to $800 billion. This valuation reflects Tesla's significant influence in the electric vehicle (EV) market and its broader technology aspirations.
- Toyota follows with a market cap around $244 billion to $248 billion, underscoring its established position in the automotive industry with a focus on both traditional and hybrid vehicles.
- BYD, a Chinese electric vehicle and battery manufacturer, has seen its market cap rise to about $91.5 billion, highlighting the surge in EV demand in China and globally.
- Ferrari maintains a strong market presence, with its market cap reaching approximately $83.8 billion, reflecting its luxury and performance brand status.
- Mercedes-Benz Group AG (formerly part of Daimler AG) was valued at about $72.3 billion, showing the strength of its luxury and premium automotive segment.
- Porsche, now a separate entity from Volkswagen, has a market cap around $69.9 billion, emphasizing its high-end market positioning.
- BMW has a market cap of approximately $58.3 billion, reflecting its solid reputation in the luxury car segment.
- Volkswagen AG, despite being one of the largest by volume, has a market cap of about $56.1 billion, possibly due to various factors including historical scandals and the shift towards electric vehicles.
Other notable mentions include:
- Ford Motor Company with a market cap around $41.4 billion to $46 billion, showcasing its robust presence in the American market and its pivot towards electric and autonomous vehicles.
- Stellantis (formed by the merger of Fiat Chrysler Automobiles and PSA Group) has a market cap of about $44.1 billion, reflecting its broad portfolio and global operations.
- General Motors (GM) has been valued at approximately $51.4 billion, indicating its significant market share in the U.S. and its moves towards electrification.
- Honda and Mazda are at the lower end of this list with market caps around $51.7 billion and $4.8 billion respectively, illustrating the varied market valuations within the automotive industry.
