Maruti Suzuki: Tata Motors has achieved a great success by defeating the country’s leading car manufacturer Maruti Suzuki. The market cap of Tata Motors has crossed the figure of 48 billion dollars. On the other hand, the market cap of Maruti Suzuki is currently only 47.6 billion dollars. With this, Tata Motors has become the country’s largest car manufacturer in terms of market cap. With this, the car manufacturer of Tata Group has now come at number 388 in the list of the world’s most valuable companies.
Tata became the first business group worth $400 billion
Earlier on Friday, Tata Group had achieved the distinction of becoming the first Indian business group worth $400 billion, leaving behind Ambani and Adani. Mukesh Ambani’s Reliance Group is in second place with a market cap of $277 billion and Gautam Adani-led Adani Group is in third place with a market cap of $206 billion. However, if we look at the 10 largest car companies in the world, no Indian company is included in them. According to a CNBC report, Tata Motors is ranked 12th in this list.
Tesla Inc.
The American company Tesla, led by Elon Musk, has achieved a market cap of $704 billion. The market cap of this electric vehicle manufacturing company is more than double that of the company at number two.
Toyota Motor Corporation
The market cap of Japan’s Toyota is estimated to be $299 billion. This year the company’s shares have gone up by about 13 percent. The company’s cars are liked all over the world.
BYD Company
China’s BYD company is becoming increasingly popular. This EV manufacturing company is posing a tough challenge to Tesla. It is selling more cars than Tesla. The company’s market cap has reached $97 billion.
Mercedes-Benz Group
The market value of this German luxury car manufacturer is $74 billion. The company’s profit has definitely decreased, but it is hopeful that by launching new models, it will strengthen its position in this financial year.
Ferrari
The Italian giant Ferrari is known for making luxury and sports cars. Its market cap is $73 billion. It is considered the main rival of Mercedes Benz.
Porsche
The market cap of German automobile company Porsche is $69 billion. This company of Volkswagen Group is currently performing poorly in China. Due to this, its market cap has been decreasing since April.
BMW
This is also a German company. Its market cap is estimated at $61 billion. This company sells about 25 lakh premium cars annually.
Volkswagen
This is Germany’s largest car manufacturing group. It competes with Toyota in terms of selling the most cars in the world. Its market cap is about $59 billion. Premium brands like Audi, Bentley, Lamborghini and Ducati come under Volkswagen.
Stellantis
The market cap of this Netherlands based company is $55 billion. The company has secured the ninth position in the list despite a decline in sales.
Honda Motor Company
This Japanese company has been ranked last in the top 10 list. Its market cap is approximately 54 billion dollars. The cars of this company are also sold in every country of the world.
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