Business

Top 10 Most Richest Car Companies in the world

A vital element of the global economy is the automotive industry, which produces vehicles that move people and goods effectively in different countries and whole regions.

The automotive manufactures in these firms include automobiles, trucks, buses, and sports cars.

Some also manufacture motorcycles and off-road vehicles, and passenger vehicles, such as light trucks and buses.

The major automotive makers have an extensive worldwide presence, supplying cars to customers and corporations worldwide.

Table of Contents

10). Nissan Motor Co. Ltd.

Nissan Motor Co. Ltd Richest Company In The World

Source: Nissan Thailand

Revenue (TTM): $80.2 billion
Net Income (TTM): -$8.9 billion

Nissan is a multinational car corporation headquartered in Japan. It develops and produces motor cars, forklifts, marine equipment, and associated components; the vehicle types include the electric LEAF vehicle of Altima, Maxima, Sentra, Versa, Pathfinder, Rogue Titan. Infiniti is the premium branch of the brand, It also provides lending and lease options.

9). Hyundai Motor Co.

Source: Wikipedia

Revenue (TTM): $85.4 billion
Net Income (TTM): $1.6 billion

Hyundai is a foreign automotive maker based in South Korea. The company designs and produces passenger cars, trucks, and vehicles; the models include Accent, Elantra, Sonata, Santa Fe, and Tucson.

It also manufactures components, runs automotive maintenance facilities, and offers to finance.

8). Fiat Chrysler Automobiles

Source: Automotive News Europe

Revenue (TTM): $98.8 billion
Net Income (TTM): -$1.5 billion

A multinational business that emerged from the acquisitions of Fiat S.p. Chrysler A’s Group was Fiat Chrysler Automobiles, N.V. Exor was the first Italian holding company and the beneficiary of voting rights.

Exor, a family-run Italian investment company, kept FCA at 29.19% and controlled 44.31% through a voting allegiance mechanism. FCA has two major branches; the Turin-based FCA Italy and the US-based FCA in Auburn Hills, Michigan.

FCA’s masse business labels are in operation. The models Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, and Ram Trucks become part of the company’s portfolio.

On October 31, 2019, FCA announced that it intends to combine on an all-stock basis with PSA Group on a 50-50.

7). General Motors Co

Top 10 General Motors Co Richest Company In The World

Source: Devdiscourse

Revenue (TTM): $115.8 billion
Net Income (TTM): $1.7 billion

General Motors Company is a Detroit international firm with a corporate headquarters in Detroit’s Renaissance Centre.

It is responsible for designing, manufacturing, marketing, and distributing vehicles and automotive components and selling financial services.

The corporation was founded as a holding company by William C. Durant on September 16, 1908, and created after its restructuring in 2009.

The company is the leading American car manufacturing firm and one of the major carmakers in the world. The GMC’s four main car parks are Chevrolet, Buick, GMC, and Cadillac, manufactured by General Motors in many countries.

6). Bayerische Motoren Werke

Bayerische Motoren Werke Richest Company

Source: Mission Statement Academy

Revenue (TTM): $116.7 billion
Net Income (TTM): $5.5 billion

The German multinational companies Bayerische Motoren Werke AG, widely referred to as BMW, manufacture luxury cars and motorcycles.

Established in 1916 as an engine maker, it manufactured aircraft between 1917 and 1918 and again between 1933 and 1945.

The BMW, Mini, and Rolls-Royce brands sell cars and bikes under the BMW Motorrad banner. With 2.279,503 automobiles manufactured, BMW was the 14th largest motor car maker in the world in 2017.

BMW has its Munich-based headquarters and manufactures automakers in the United Kingdom, Germany, Brazil, China, India, South Africa, the United States, and Mexico.

5). Honda Motor Co.

Source: Honda Global

Revenue (TTM): $120.7 billion
Net Income (TTM): $1.9 billion

Since 1959, Honda has become the world’s biggest motorcycle company with a capacity of 400 million by the end of 2019 and the world’s largest producer of internal volume-based combustion engines with an annual output of 14 million internal combustion motors.

In 2001 Honda became Japan’s second-largest automaker. In 2015, Honda was the world’s eighth-largest automaker.

Honda’s development in artificial intelligence and robotics has been underway since 1986, launching their ASIMO robot in 2000.

They have also taken to airspace through the development of GE Honda Aero Engines in 2004 and the 2012 launch of Honda HA-420 Honda Jet.

Two joint ventures have taken place in Honda China: Dongfeng Honda and Guangqi Honda.

Honda also became the first Japanese car manufacturer to manufacture 108,705 Honda and Acura models from the United States in 2013, with just 88,357 imported.

4). Ford Motor Co

Source: Britannica

Revenue: $130.4 billion
Net Income: $2.1 billion

The Ford Motor Company, usually known as Ford, is a multinational automaker with its headquarters in Dearborn, Michigan, Detroit, America.

It was created on June 16, 1903, by Henry Ford. Under the Ford name, the company offers cars and recreational vehicles, with Lincoln’s expensive vehicles.

The company also holds Troller, an 8 percent shareholding in Aston Martin, a 32 percent share in Jiangling Motors. Ford owns a Brazilian SUV maker.

At the beginning of the 21st century, the financial crisis has fought to the point of collapsing, which President George W.

Bush has effectively avoided by announcing a deal to support Ford Motors, Chrysler LLC, and General Motors to supply the automaker with $13.4 billion immediately.

3). Daimler

Source: IndustryWeek

Revenue: $174.6 billion
Net Income: $309.3 million

Daimler is a German-based leading automotive manufacturer. The company manufactures passenger cars, freight vehicles, off-road and business vehicles such as trucks and buses.

It produces cars with various names, including Daimler, Mercedes-Benz, FUCSO, Western Star, Smart, and more. Daimler offers loan and leasing services to customers and retailers.

2). Volkswagen

Source: Daily Sabah

Revenue (TTM): $247.4 billion
Net Income (TTM): $6.4 billion

The German Labor Front, known as the classic Beetle, was created in 1937 and headquartered in Wolfsburg. Volkswagen was shortened to V.W. It is the flagship brand in 2016 and 2017, the world’s biggest automaker.

The company’s largest market is in China, where 40 percent of revenue and profits are produced.

Volkswagen’s most common models include Golf, Jetta, Passat, Atlas, and Tiguan. The German word Volk means ‘people,’ and hence Volkswagen means ‘people’s Car.’

1). Toyota Motors

Source: Twitter

Revenue: $248.6 billion
Net Income: $14.4 billion

Toyota Motor Corporation has its head office in Toyota, Aichi (Japan), and is a Japanese mixed car manufacturer.

Toyota becomes the first car maker in the world to make more than 10 million cars a year when it announced that the 200 millionth vehicle was manufactured in 2012.

In the selling of hybrid electric vehicles, Toyota is the worldwide pioneer and one of the biggest firms to promote the mass consumer use of hybrid vehicles globally.

Toyota Motor Corporation manufactures five brands’ cars, including brands such as Toyota, Hino, Lexus, Ranz, and Daihatsu.

The company also has a 20.02% share in Subaru, a 5.9% stake in Isuzu until 2018, a 5.1% stake in Mazda, a 3,8% interest of Suzuki, and a 2.8% interest in Panasonic, as well as two partnerships in China, one in the Czech Republic and one in the United States, along with several non-motorist firms in the Czech Republic, one in the United States.

Conclusion

The vehicle is an essential part of our life now. First, it reduces the time of reaching the destination; second, it’s value there are different vehicle types for every level of the person.

These top automobile companies’ main motive is to provide comfort and help them financially by producing a diverse range of cars, so people can easily afford it.

Business

En Suite Bathrooms: The Secret to The Perfect Guest-Ready Home

We’re staying with our parents for five weeks in Honolulu, and I wanted to share a little revelation I’ve learned about making a home guest-ready. If you dream of owning a home where friends and family regularly visit—because you genuinely enjoy their company, this post is for you.

Not all of us can afford mega-mansions with separate wings or homes on sprawling lots with multiple structures. If you’re like most people and can only afford one structure on a modest plot of land, then there’s one key feature you absolutely need to prioritize.

En suite bathrooms. That’s right. The key to harmonious, low-friction cohabitation is ensuring everyone has their own bathroom. The more en suites, the better. The term “en suite” comes from French and means “in sequence” or “attached.”

Table of Contents

En Suite Bathrooms: The Unsung Hero of Guest Harmony

During our first week in Honolulu, I found myself waking up between 2 a.m. and 3:30 a.m. every morning—normal hours for me given the three-hour time difference from San Francisco. Unfortunately, nobody else was awake… except for my dad, who’s up by 3:30 a.m. to check the stock market. Cool beans, I didn’t know.

I had my own room, and my mom had hers across the hall. The shared bathroom sits between us—close enough to wake a light sleeper with even the gentlest faucet twist. Not wanting to disturb her, I found a workaround: I quietly crept upstairs and used my dad’s bathroom since he was already awake. Slightly inconvenient, but a solid solution.

Still, I couldn’t help but think: If only I had an en suite bathroom.

To be a courteous guest, I kept 85% of my toiletries in my room and left only my toothbrush, floss, and toothpaste on the bathroom counter. I even tucked them neatly to the right, so I took up minimal space.

A few days later, my mom asked me to move them. Apparently, I’d placed everything too close to the light switch, and she’d knocked over my electric toothbrush multiple times. My bad.

From then on, I moved those few items to another shared bathroom upstairs, the one my wife and kids use. But given it was already cramped, my stuff was regulated to a shelf in a closet.

Once again, I thought: If only my mom and I each had en suite bathrooms.

The Bathroom Ballet Continues

One afternoon, after a full morning of school drop-off, pickleball, the beach, and lunch, I took a well-earned nap. While I was sleeping, my wife walked to the local library to pick up books for the kids. When I woke up, I decided to use her upstairs bathroom instead of the downstairs one—just in case my mom, who’s always home, needed it.

Mid-grunt, my dad came to the back of the house to ask me a question. Two minutes later, my wife knocked on the bathroom door. She was back and needed to use it too. What was supposed to be a peaceful five-minute solo session turned into a series of interruptions.

Then, on another morning, I woke up at 4:30 a.m. to publish my post, Sleep In, Stay Broke: Wake Up Earlier for Financial Success. With a title like that, I had no excuse not to rise early. After writing and editing until 6:40 a.m., I went to the bathroom. Fifteen seconds in—like clockwork—my wife woke up and came straight to the door.

Finally, while staying at my aunt and uncle’s beach house, I slept on the futon in the living room. At 6:15 a.m., I got up to use the bathroom, which sits between the living room and my son’s room. Within seconds, he flung the door open with a big smile and shouted, “Good morning!”

Ah, more en suite bathrooms would be nice.

More Bathrooms = More Peace And Harmony

When you gotta go, you gotta go! Any type of delay or hinderance can be incredibly annoying, especially if you’re digestive system is plugged and you need to focus. The more bathrooms, the better.

What I’ve noticed over the years is that when people live together, their bathroom cycles somehow sync up. Even if I wake up at 4 a.m. and my wife gets up at 6:30 a.m., there’s still a high chance we’ll both need the bathroom at the same time at some point in the morning. Same goes for me and my parents.

In the past, I used to look down on large homes with as many bathrooms as bedrooms, or even more. It seemed excessive. But now I get it. It’s not about indulgence—it’s about comfort, privacy, and avoiding frustrating sighs in the hallway.

My parents’ house has three full bathrooms, which is more than enough for just the two of them. But with six of us under one roof, friction is inevitable. My aunt and uncle’s house has two bathrooms and two bedrooms over maybe 1,000 soft, which is tight for the four of us. But the freedom to be by the ocean is wonderful.

Buy Or Build The Bathrooms

If you enjoy hosting guests, do yourself a favor: rent or buy a home with at least two en suite bathrooms and an additional full or half bath. Ideally, you have an en suite bathroom for every person who lives in the house plus a guest bathroom. Both your sanity and your digestive system will be eternally grateful. In fact, I’m now including this bathroom requirement for anyone searching for the ideal home to raise a family.

When I hosted my parents at our new house for 10 days, I felt 80% less stressed and so did they. Why? Because they each had their own bathrooms—and so did we and the kids. That kind of peace is worth every dollar and then some.

Basic full bathrooms are just fine. However, when designing a luxury master bathroom, consider including dual rain shower heads with a handheld option, a private toilet stall, double vanities, and a deep soaking tub with jets. Make sure you also have an electrical outlet behind the toilet so you can plug in your Toto Washlet. Once you go Washlet, you can’t go back.

Take a look around your home and see if you can convert unused space—like part of a closet or part of your garage—into a bathroom. Even better, if you’re able to expand your home’s footprint, it adds valuable livable square footage, which can boost your resale value.

Final Reason For More En Suite Bathrooms: Your Children And Friends May Visit You More Often

As I think in two timelines, I hope that 20 years from now, my children will still come visit their mom and me. I’ve heard too many sad stories of adult kids going years without seeing their parents. Once they’ve gotten what they needed financially and emotionally, they’re gone!

But with two en suite bathrooms ready for my daughter and son, they’ll have no excuse not to stop by and give their old man a hug and a kiss. And if we really start to get on their nerves, there’s even a separate mini-kitchen and entryway they can use to escape us in peace.

The more inviting your home, the more likely your children, friends, and loved ones will want to visit. This is especially true when you have to convince your spouse to stay at their in-laws.

Since strong, supportive relationships are the number one factor in living a long, happy, and healthy life, adding more en suite bathrooms could quite literally be a key to a life well lived.

Readers, what do you think the secret is to having a guest-ready home where both host and guests are comfortable for an extended period of time? How many en suite bathrooms do you have in your home? What is the ideal number of bathrooms a home should have?

Suggestions To Build More Wealth

Pick up a copy of my USA TODAY national bestseller, Millionaire Milestones: Simple Steps to Seven Figures. I’ve distilled over 30 years of financial experience to help you build more wealth than 94% of the population—and break free sooner.

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Listen and subscribe to The Financial Samurai podcast on Apple or Spotify. I interview experts in their respective fields and discuss some of the most interesting topics on this site. Your shares, ratings, and reviews are appreciated.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

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