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World`s most valuable car brands

Pic: iStock

Mid-Day
Lifestyle
By Raaina Jain
Published Dec 18, 2024

Here are the top five car brands according to market cap as on December 9, 2024

Source: Companies Market Cap

Tesla

The first on the list is American automobile brand Tesla, with a market cap of USD 1.23 trillion.

Pic: Instagram/@teslamotors

Toyota

The second most valuable car brand is Japan-based Toyota, with a market cap of USD 233.26 billion.

Pic: Instagram/@toyota

BYD

China-based automobile brand BYD ranked third, with a market cap of USD 107.52 billion.

Pic: Instagram/@byd_global

Xiaomi

Fourth on the list is another China-based company Xiaomi, with a market cap of USD 105.72 billion.

Pic: Xiaomi website

Ferrari

Italian luxury sports car manufacturer Ferrari is placed fifth, with a market cap of USD 80.98 billion.

Pic: Instagram/@ferrari

Indian car brands in the list

Three Indian automobile companies made it to Top 50 most valuable car brands list.

Mahindra & Mahindra

Mahindra & Mahindra ranked 11th with a market cap of USD 43.12 billion. Anand Mahindra also took to X to share the rankings.

Pic: Mahindra website

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Maruti Suzuki India

Maruti Suzuki India ranked 13th, with a market cap of USD 41.81 billion.

Pic: iStock

Tata Motors

Tata Motors is also among the Top 20, being placed on the 17th position with a market cap of USD 34.67 billion.

Pic: Instagram/@tatamotorscars

Horoscope today: December 18, 2024

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