Top German Car Companies List 2023

Last updated on September 14th, 2022 at 09:03 am

Here is the List of Top German Car Companies which are sorted out based on the sales (Total Revenue).

List of Top German Car Companies

So here is the List of Top German Car Companies which are sorted out based on the Total Revenue (Sales).

Volkswagen Group

The Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche and Ducati.

  • Revenue: $ 273 Billion
  • ROE: 15 %
  • Debt/Equity: 1.7
  • Employees: 663K

In addition, the Volkswagen Group offers a wide range of further brands and business units including financial services. Volkswagen Financial Services comprises dealer and customer financing, leasing, banking and insurance activities, and fleet management.

DAIMLER AG

Daimler is one of the world’s most successful automotive companies. With its Mercedes-Benz Cars & Vans and Daimler Mobility divisions, the Group is one of the leading global suppliers of premium and luxury cars and vans.

  • Revenue: $ 189 Billion
  • ROE: 20 %
  • Debt/Equity: 1.8
  • Employees: 289k

The Group is one of the leading global suppliers of premium and luxury cars and one of the world’s largest manufacturer of commercial vehicles. Daimler Mobility
offers financing, leasing, fleet management, investments and insurance brokerage, as well as innovative mobility services.

Daimler was ranked seventh in the German share index DAX 30 at the end of 2020.

The BMW Group is one of the most successful manufacturers of automobiles and motorcycles in the premium segment worldwide. With BMW, MINI and Rolls-Royce, the BMW Group owns three of the best-known premium brands in the automotive industry.

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BMW Group – BAY MOTOREN WERKE

BMW Group also holds a strong market position in the premium segment of the motorcycle business. BMW Group employed a workforce of 120,726 people at the end of the year. The BMW Group comprises BMW AG itself and all subsidiaries over which BMWAG has either direct or indirect control.

  • Revenue: $ 121 Billion
  • ROE: 18 %
  • Debt/Equity: 1.3
  • Employees: 121k

BMWAG is also responsible for managing the Group, which is sub-divided into the Automotive, Motorcycles and Financial Services operating segments. The Other Entities segment primarily comprises holding companies and Group financing companies.

Its model portfolio comprises an extensive range of automobiles, including the premium compact class, the premium mid-size luxury class and the ultra-luxury class. Apart from fully electric models such as the BMWiX3, which was launched in 2020, it also includes state-of-the-art plug-in hybrids and conventional models powered by highly efficient combustion engines.

Together with the highly successful models of the BMW X family and the high-performance BMW M brand, the BMW Group meets the diverse expectations and needs of its customers worldwide.

The MINI brand promises driving pleasure in the premium small car segment and, apart from models powered by efficient combustion engines, also offers plugin hybrid and fully electric variants. Rolls-Royce is the ultimate marque in the ultra-luxury segment, boasting a tradition that stretches back over more than 100 years.

Rolls-Royce Motor Cars specialises in bespoke customer specifications and offers the very highest level of quality and service. The global sales network of the BMW Group’s automobile business currently comprises more than 3,500 BMW, over 1,600 MINI and some 140 Rolls-Royce dealerships.

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TRATON Group

The TRATON GROUP was established in 2015 in order to concentrate the activities of the three commercial vehicle brands of Volkswagen AG, Wolfsburg. During this process, the organization was focused more sharply on commercial vehicles.

With its Scania, MAN, and Volkswagen Caminhões e Ônibus (VWCO) brands, the TRATON GROUP is a leading global commercial vehicle manufacturer. TRATON’s Global Champion Strategy seeks to make it a Global Champion of the transportation and logistics industry through profitable growth and synergies, global expansion, and customer-focused innovations.

Together with its partners Navistar International Corporation, Lisle, Illinois, USA (Navistar) (interest of 16.7%), Sinotruk (Hong Kong) Limited, Hong Kong, China (Sinotruk) (interest of 25% plus 1 share), and Hino Motors, Ltd., Tokyo, Japan (Hino Motors), the TRATON GROUP forms a strong common platform. It is the basis for future synergies, in particular in purchasing.

  • Revenue: $ 28 Billion
  • ROE: 6 %
  • Debt/Equity: 1.4
  • Employees: 83k

TRATON GROUP is mainly active in the European, South American, Middle Eastern, African, and Asian markets, its associates Navistar and Sinotruk operate mainly in North America (Navistar) and China (Sinotruk), and its strategic partner Hino Motors is mainly active in Japan, Southeast Asia, and North America.

The Industrial Business segment combines the three operating units Scania Vehicles & Services (brand name: Scania), MAN Truck & Bus (brand name: MAN), and VWCO, as well as holding companies and the Group’s digital brand, RIO

EDAG ENGINEERING

EDAG ENGINEERING is one of the largest independent engineering partners to the global automotive industry, EDAG ENGINEERING know exactly what is important in developing future-proof automobiles.

  • Revenue: $ 0.8 Billion
  • ROE: 3 %
  • Debt/Equity: 2.6
  • Employees: 8k
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With this expertise gained from more than 50 years of vehicle development, the company take on responsibility in the fully integrated understanding of product and production. You also benefit from the high innovative strength to be found in competence centres.

So finally these are the List of Top German Car Companies based on the turnover.

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