Top car manufacturers in the world

Vehicle industry has grown to become a fundamental element of developing economies around the globe. Every years, hundreds of new cars are launched and millions of cars are sold globally. Top car companies like Toyota, General Motors and Daimler are in record, as well as other major vehicle companies like Hyundai, Honda, Nissan and Ford. Other global brands like Volkswagen, Fiat Chrysler & BMW complete the rank-wise number. Here are the top ten automobile companies on earth 2016 according to incomes and net gain.

10. Fiat Chrysler

Fiat Chrysler Automobiles, known as FCA, is seventh biggest auto maker in world, which is several two companies- FIAT and Chrysler, an Italian-American multinational business.

Image: company internet site

FCA Italy plus FCA US are two main subsidiaries operating for FCA’s mass-market brands and FCA is headquartered at London, UK with worldwide area coverage. Along with Automotive business, FCA is in manufacturing methods and Print media sectors inside existence of subsidiaries like Comau and its Italian Editrice subsidiary.

Adverts

FCA team is set up in 2014, but this trip were only available in 2009 when Chrysler filed for personal bankruptcy. Chrysler emerged from bankruptcy with procedures from FIAT, United car Workers retirement funds, U.S. and Canadian governments as Principal Owners. FIAT gradually obtained others functions’ stocks, making Chrysler a wholly had subsidiary.

FCA team with Tata Motors Restricted created a partnership – Fiat Asia Automobiles Private Limited (FIAPL). The manufacturing unit is based at Ranjangaon, Asia. FIAPL is manufacturing Fiat Linea, Fiat Punto, Tata Manza, Tata Vista, Tata Indica, 1.3 Diesel and 1.2, 1.4petrol Fiat motors alongside Transmission and work out components. FCA is ninth largest car vendor in Asia. To strengthen the presence in India, FCA announced to take a position more or less $280 million to guide producing a fresh Jeep automobile and it is expecting production from mid 2017.

Income: USD 124, 972 million

Net gain : USD 426 million