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Top Ten in Market Value Rankings of Car Enterprises (Market Value Rankings of Car Enterprises 2020)

With the continuous development of the world economy, the automobile industry is becoming more and more prosperous. The competition of automobile enterprises is fierce, and all the giants are trying to occupy a place in the market.

As one of the largest developing countries, China will have more international brands entering the China market in the future.

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According to statistics, after the top 10 global car companies were released, Toyota exceeded 10 million vehicles and BMW ranked among the top 10, so what about BYD's position?

I. List of global car companies

According to the sales volume of car companies, the top ten are Toyota Group, Volkswagen Group, Hyundai, Renault Nissan Alliance Stratis, General Motors Group, Honda Motor, Ford Group, Suzuki Group and BMW Group.

BYD ranked 13th with 1.86 million vehicles. However, according to the market value list of global car companies, the ranking is Tesla, Toyota, BYD, Volkswagen Group, Mercedes-Benz, BMW, General Motors, Hyundai Kia and Ford Stratis.

Why is this happening?

Under the influence of the COVID-19 epidemic, people's demand has been greatly reduced, while the supply of chips is insufficient, coupled with changes in new energy and oil prices, resulting in a decrease in sales.

Car companies use strategic vision, brand premium ability and increase the average price of bicycles to occupy market share.

In 2022, Toyota's global sales reached 10.48 million units.

And only Toyota has achieved a breakthrough of 10 million vehicles. It is the largest passenger car manufacturer in the world and the company with the highest market value in the automobile industry.

BMW Group, an automobile manufacturer from Germany,

Great success has been achieved in the development process of the past nine years.

It has strong brand and technical advantages and has become one of the largest automobile manufacturers in Europe.

As the number one luxury car market in the world, BMW Group's sales volume dropped by 5% in 2022, and it remained firmly in the top ten in the world, and its sales volume in China also made great contributions.

For every three cars sold by BMW, one is bought by China people.

Despite the increasing saturation of fuel vehicles and the increasingly stringent environmental protection requirements, BMW still wins the recognition of customers with its excellent performance.

Second, BYD is menacing.

It can be found that at present, no China automobile enterprise ranks among the top ten in the world, but the first automobile enterprise in China should be BYD.

If BYD's production capacity increases, according to the current sales growth rate, BYD can reach 4 million vehicles this year.

BYD has made great achievements in sales. Despite the influence of the supply chain and the sluggish market in 2022, the sales decline of major automobile groups in the world is in a downward trend. However, BYD sold 1.86 million vehicles in 2022, a year-on-year increase of 208%.

China ranked first in the market for the first time, and the sales of new energy vehicles ranked first in the world.

In the first half of the year, the sales revenue reached 45.34 billion yuan, a year-on-year increase of 68.06%; The cumulative sales volume reached 2,464,800 vehicles, a year-on-year increase of 54.73%.

It is worth mentioning that behind the brilliant achievements created by BYD is the trend of the development of the world automobile industry.

BYD has also built production bases in several cities across the country, with a planned total production capacity of 4 million vehicles.

. In 2023, Hefei, Xi 'an, Jinan, Zhengzhou, Xiangyang, Shenzhen and other places are building large factories to expand production capacity. Not only in China, but also in many countries around the world to build production bases, such as Brazil and Thailand.

BYD paves the way for the world market with new energy, and BYD is found in many countries, especially under the layout of "green cities".

It has also greatly increased sales and potential sales in the future.

Therefore, BYD is likely to become one of the top ten auto companies in the world this year, and is expected to become the first independent brand in China with sales exceeding 4 million vehicles.

However, rapid sales growth is also testing BYD's ability to organize production and manage distribution channels.

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BYD has a long way to go to become a world-class automobile company. At present, most of BYD's sales are in the China market.

Therefore, it will be an important task in the future to develop and enhance the international market sales.

BYD has maintained the number one position in global sales of new energy vehicles for five consecutive years. As a new enterprise, it has strong financial strength and abundant resource reserves, which enables it to focus on the field of electric vehicles and develop more unique products and services.

At present, BYD is building a strong brand recognition for "Made in China" and actively expanding overseas markets.

During the upcoming World Economic Forum, BYD announced that it will officially launch the pure electric model Y. Because of the obvious advantages in electric vehicle technology, cost control and charging mode,

Therefore, BYD has the ability to challenge traditional fuel vehicles and is expected to become one of the new generation of mainstream energy solution providers in the world.

Summary:

China's automobile industry has made good progress in 2022, and it is expected to increase in 2023. One is the increasing number of automobile exports from China, and the other is the continuous promotion of new energy vehicles from China to the world market.

BYD surpassed a number of domestic joint-venture auto companies in one fell swoop, with sales reaching 1.86 million vehicles, becoming the largest auto giant in China.

There are many lists about cars, and it is the right way to find out the market direction and improve the industrial layout.

What do you think of this? Welcome to leave a message in the comments section.

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