Like every year, there is some serious competition in the automotive industry this year. Companies from all over the world try to stay ahead of each other with their new vehicles. The fact that the whole world is moving to electric vehicles naturally also increases the value of such car-oriented brands.

Now a report from Brand Finance has revealed the most valuable car companies in the world in 2023. The list includes the electric vehicle manufacturer led by Elon Musk Tesla’s top spot seen.

Tesla passed Mercedes with a brand value of $66.2 billion, becoming the first electric car company to achieve this

First of all, the list to brand values Let’s add that it is made accordingly. This represents the estimated total financial value of a brand. Many factors like sales, revenue, market share, reputation, future sales forecasts are used to create brand value.

Tesla, which started sales in our country, $66.2 billion It moved up two positions, past Mercedes-Benz and Toyota, and placed on top. This is a US based company that does not manufacture internal combustion engine vehicles. first electric car to achieve this the company made. Tesla’s brand value, which is up 44% year-over-year compared to pre-pandemic more than 5 times Let’s add an elevation.

Second on the list $58.8 billion and Mercedes-Benz, which maintains its position. Like Toyota 52.5 billion dollars dropped from first place to third place. BMW, which entered the list from fifth last year, moved up to four, while Porsche moved from sixth to fifth. The values ​​and 2022 comparisons of the 10 most valuable brands are as follows;

Top 10 most valuable car brands in the world

1. Tesla – $66.2 billion ($46 billion in 2022)
2. Mercedes Benz – $58.8 billion ($60.7 billion in 2022)
3. Toyota – $52.5 billion ($64.2 billion in 2022)
4. BMW – $40.4 billion ($37.9 billion in 2022)
5. Porsche – $36.8 billion ($33.7 billion in 2022)
6. Volkswagen – $34 billion ($41 billion in 2022)
7. Honda – $24.2 billion ($28.2 billion in 2022)
8. ford – $22.3 billion ($24.1 billion in 2022
9. Hyundai – $15.9 billion ($13.6 billion in 2022)
10. Audi – $13.9 billion ($13.8 billion in 2022