VW earned $9,202, Toyota made $8,634 per second in 2019: Report

A report based on annual revenue in 2019 of 19 major auto brands separates the champions from the challengers.
By : HT Auto Desk
| Updated on: 25 Aug 2020, 04:54 PM
File photos for representational purpose.
File photos for representational purpose.
File photos for representational purpose.
File photos for representational purpose.

Current times of Covid-19 crisis may have taken a huge toll on the automotive sector the world over but the coffers of most may have a whole lot of reserves considering how much money is made by the world's biggest car companies each year. And to give an indication in a bid to provide a perspective, Visual Capitalist recently took out data from the 2019 gross revenue of 19 major brands in the automotive world in which Volkswagen Group topped the per second earnings, followed by Toyota.

To see Volkswagen Group at the very top is hardly surprising because it owns brands such as Audi, Bentley, Bugatti, Lamborghini and Porsche. As such, the German giant earned as much as $9,202.88 per second in 2019. This is based on the annual revenue figure of around $290.2 billion, as per Visual Capitalist. Toyota, the widely popular Japanese car maker which also owns the Lexus brand, earned $272.3 billion in the same period which means its per second earning was at $8,634.58.

Similar Cars

Find More Cars
Hyundai Casper (HT Auto photo)
Hyundai Casper
999 cc | Petrol | Manual
₹4 - 7 Lakhs* *Expected Price
Hyundai Santro (HT Auto photo)
Hyundai Santro
1086 cc | Petrol | Manual | 20 kmpl
₹4.67 - 6.47 Lakhs**Ex-showroom price
Tata Tiago (HT Auto photo)
Tata Tiago
1199 cc | Petrol | Manual | 19.8 kmpl
₹4.7 - 7.05 Lakhs**Ex-showroom price
Tata Tiagoev (HT Auto photo)
Tata Tiagoev
₹5 - 7 Lakhs* *Expected Price
Hyundai Grand I10 Nios (HT Auto photo)
Hyundai Grand I10 Nios
1197 cc | Petrol | Manual | 21 kmpl
₹5.19 - 8.52 Lakhs**Ex-showroom price
Tata Tigor (HT Auto photo)
Tata Tigor
1199 cc | Petrol | Manual | 20.3 kmpl
₹5.39 - 7.82 Lakhs**Ex-showroom price

Then there is a sizable gap in the field with Ford ($4,946.73 per second), Honda ($4,537.57) and General Motors ($4,351.76) completing the top five.

The top-10 is comprised also of Fiat Chrysler, BMW, Mercedes-Benz (Daimler), Nissan and Hyundai. Tata Motors, which owns Land Rover and Jaguar, is placed 15th, one place behind Geely, the Chinese owner of Volvo. Tata Motors' annual revenue in 2019 was reportedly at $43.7 billion which means it earned $1,385.72 per second.

Suzuki was placed at 16th, one behind Tata Motors while the list of 19 was completed by Tesla which earned $24.6 billion in 2019.

Tesla also is the only exclusive EV maker in the list and may climb several places up considering how EVs have fared in 2020 so far. With demand for conventional cars coming down in many countries and incentives for EVs being rolled out, Tesla has already begun thundering at the doors of automobile giants.

First Published Date: 25 Aug 2020, 03:48 PM IST
Recommended For You
View All

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city