The world's most valuable automakers
Market capitalization of the world's largest automakers, updated every trading day and shown in euros. Compiled by Philipp Raasch, almost 10 years at Mercedes-Benz, independent automotive industry analyst.
ECB rate Oct 9, 2026
Tesla leads with 1,348.8 €bn, ahead of Toyota (194.3 €bn) and BYD (103.3 €bn).
Automakers by market capitalization
| # | Company | Size | Country | Market cap |
|---|---|---|---|---|
| 1 | Tesla | United States | 1,348.8 | |
| 2 | Toyota | Japan | 194.3 | |
| 3 | BYD | China | 103.3 | |
| 4 | Xiaomi | China | 76.0 | |
| 5 | General Motors | United States | 64.8 | |
| 6 | Ferrari | Italy | 61.0 | |
| 7 | Hyundai Motor | South Korea | 56.5 | |
| 8 | Ford | United States | 43.3 | |
| 9 | Honda | Japan | 37.9 | |
| 10 | Porsche AG | Germany | 37.8 | |
| 11 | Mercedes-Benz Group | Germany | 37.6 | |
| 12 | Volkswagen | Germany | 34.1 | |
| 13 | Maruti Suzuki | India | 33.1 | |
| 14 | BMW | Germany | 31.9 | |
| 15 | Mahindra & Mahindra | India | 31.0 | |
| 16 | Kia | South Korea | 27.6 | |
| 17 | Suzuki Motor | Japan | 22.2 | |
| 18 | Geely | China | 18.6 | |
| 19 | Rivian | United States | 18.0 | |
| 20 | SAIC Motor | China | 16.6 | |
| 21 | Great Wall Motor | China | 15.7 | |
| 22 | Chery Automobile | China | 15.6 | |
| 23 | Stellantis | Netherlands | 15.1 | |
| 24 | Hyundai Motor India | India | 14.5 | |
| 25 | Seres Group | China | 10.8 | |
| 26 | Li Auto | China | 9.9 | |
| 27 | Subaru | Japan | 9.9 | |
| 28 | Tata Motors | India | 9.5 | |
| 29 | Changan Auto | China | 9.3 | |
| 30 | XPeng | China | 8.4 | |
| 31 | Isuzu | Japan | 8.2 | |
| 32 | NIO | China | 7.8 | |
| 33 | Porsche SE | Germany | 7.7 | |
| 34 | Renault | France | 7.7 | |
| 35 | GAC Group | China | 7.2 | |
| 36 | JAC Motors | China | 6.8 | |
| 37 | VinFast | Vietnam | 6.4 | |
| 38 | Leapmotor | China | 5.6 | |
| 39 | Nissan | Japan | 5.6 | |
| 40 | Mazda | Japan | 3.9 | |
| 41 | Volvo Car | Sweden | 3.8 | |
| 42 | FAW Car | China | 3.8 | |
| 43 | Mitsubishi Motors | Japan | 2.7 | |
| 44 | Lucid | United States | 1.3 | |
| 45 | Polestar | Sweden | 0.8 | |
| 46 | Aston Martin | United Kingdom | 0.5 | |
| 47 | Lotus Technology | China | 0.4 | |
| 48 | KG Mobility | South Korea | 0.4 |
Market capitalization as of the latest market close, converted to euros.
Market value measures expectation, not substance. The stock market prices some automakers like tech companies and others like traditional industry. Whoever ranks high here is trusted with the future, not necessarily with today's highest profit.
Methodology
Market capitalization = share price multiplied by the number of shares outstanding. We take the latest stock market closing prices and convert every value to euros at the daily ECB reference rate. For companies with multiple share classes (such as VW ordinary and preference shares) the sum of both classes is used. Privately held companies such as Bosch and ZF cannot have a market capitalization and are therefore missing.
All information is provided for informational purposes only and does not constitute investment advice. Stock prices may be delayed or contain errors. No guarantee of accuracy, completeness or timeliness. Exchange rates: European Central Bank.
Frequently asked questions
Which automaker is the most valuable in the world?
Tesla is the world's most valuable automaker, at 1,348.8 billion euros, ahead of Toyota (194.3) and BYD (103.3). As of Oct 11, 2026.
How is market capitalization calculated?
Market capitalization is a company's stock market value: the current share price multiplied by the number of shares outstanding. We take the latest closing prices and convert every value to euros at the ECB reference rate. The ranking is updated every trading day.
Where do I find the most valuable suppliers?
The automotive suppliers have their own ranking. CATL leads there with 183.7 billion euros. To the supplier ranking by market capitalization.