4 Biggest Cars Companies from Europe in 2021– In Europe, car manufacturing is one of the main industries that can drive the economic growth. Many innovative and diversified products of cars is produced in Europe. Many people around the world know the car brand products from Europe. The quality, technology, and innovation of the products has attracted many people around the World to buy the car products from Europe regions.
As the main sector that influence the prosperity of Europe’s citizens, The cars sector gives direct and indirect jobs to 13.8 million Europeans, contributing 6.1% from total EU employment. Many giant car companies are in Europe. They have huge revenue and assets and many of us know the products. Here are the 4 Europe’s biggest car companies in 2021. These data came from Annual Report of Cars companies in 2021.
The Rank of Biggest Car companies From Europe in 2021 Based on Assets
| Rank | Name of Car Companies From Europe | Assets | Assets | Liabilities | Liabilities |
|---|---|---|---|---|---|
| Origin Currency | US. Dollar | Origin Currency | US. Dollar | ||
| 1 | Volkswagen AG | 528 Billion Euro | 538 Billion US Dollar | 382 Billion Euro | 389 Billion US Dollar |
| 2 | Daimler AG | 259 Billion Euro | 264 Billion US Dollar | 186 Billion Euro | 189 Billion US Dollar |
| 3 | Stellantis | 171 Billion Euro | 174 Billion US Dollar | 106 Billion Euro | 108 Billion US Dollar |
| 4 | BMW Group | 64.7 Billion Euro | 65.9 Billion US Dollar | 31.4 Billion Euro | 32 Billion US Dollar |
| Source : Annual Report, 2021 | |||||
| Origin Currency : Currency officially used in Annual Report 2021 | |||||
| US Dollar : Currency that is converted to US Dollar from Origin Currency | |||||
| Currency Rate : 1 Euro = 1.02 US Dollar (USD) | |||||
The data of assets and liabilities located in the balance sheet of company. Basically, balance sheet can describe the financial structure of company. The Company with less liabilities than assets has more durable than company with more liabilities and less assets. The comparation between assets and Liabilities usually give the guidance. The bigger ratio of Asset: Liabilities, the healthier of company in doing its business.
The Rank of Biggest Car companies From Europe Based on Net Income
| Rank | Name of Car Companies From Europe | Revenue | Revenue | Net Income | Net Income |
|---|---|---|---|---|---|
| Origin Currency | US. Dollar | Origin Currency | US. Dollar | ||
| 1 | Daimler AG | 133 Billion Euro | 135 Billion US Dollar | 23.3 Billion Euro | 23.7 Billion US Dollar |
| 2 | Volkswagen AG | 250 Billion Euro | 255 Billion US Dollar | 15.4 Billion Euro | 15.7 Billion US Dollar |
| 3 | Stellantis | 149 Billion Euro | 151 Billion US Dollar | 14.2 Billion Euro | 14.4 Billion US Dollar |
| 4 | BMW | 88.5 Billion Euro | 90 Billion US Dollar | 4.9 Billion Euro | 4.9 Billion US Dollar |
| Source : Annual Report, 2021 | |||||
| Origin Currency : Currency officially used in Annual Report 2021 | |||||
| US Dollar : Currency that is converted to US Dollar from Origin Currency | |||||
| Currency Rate : 1 Euro = 1.02 US Dollar (USD) | |||||
The data of revenue and net income/loss variables located in the Income Statement of Annual Report. Income statement describes the performance of company in doing the business in specific period of time. The consistency of company in gaining the profit / net income can showed the right pathway of companies in running the business. The more net income, the more dividend that the investor will get. Overall, the company with gaining the consistent of the net income annually can attract more investor to buy the shares.
Brief Description of 4 Biggest Car companies From Europe in 2021
1.Volkswagen AG
Volkswagen AG or Volkswagen Group is one of the biggest cars companies that has main office in Wolfsburg, Lower Saxony, Germany. Historically, this company was founded on May 28th, 1937, in Berlin, Germany. Nowadays, Volkswagen has diversified vehicle products.
Based on their productions, this company has light commercial vehicles with some brands including Audi, Bentley, Cupra, Lamborghini, Porsche, SEAT, Škoda and Volkswagen’s motorcycles brand under Ducati. Meanwhile, heavy commercial vehicles that was controlled by Traton that has some brands including IC Bus, International, MAN, Scania and Volkswagen Caminhões e Ônibus. Based on the annual report of Volkwagen AG in 2021, this company has Assets around 528 billion Euro / 538 billion US Dollar with liabilities around 382 billion Euro / 389 billion US Dollar. Based on the income statement of Annual report in 2021, this company gained revenue around 250 billion Euro / 255 billion US Dollar with net income around 15.4 billion Euro / 15.7 billion US Dollar.
2.Daimler AG
Mercedes-Benz Group AG is German-based cars companies that has main headquarter in Mercedesstraße, Stuttgart, Germany. Historically, this company was founded in 1926 due to the merger between two vehicle companies namely, Benz & Cie. (founded 1883 by Karl Benz) and Daimler Motoren Gesellschaft (founded 1890 by Gottlieb Daimler and Wilhelm Maybach). Now, this company produces some brand vehicle namely, Mercedes-Benz cars, Mercedes-AMG, Mercedes-Maybach and Smart. Based on the Balance sheet of Annual Report in 2021, the Daimler AG has Assets around 259 billion Euro / 264 billion US Dollar with liabilities around 186 billion Euro / 189 billion US Dollar. Based on the income statement of Annual Report in 2021, this company gained Revenue around 133 billion Euro / 135 billion US Dollar and Net Income 23.3 billion Euro / 23.7 billion US Dollar.
3.Stellantis
Stellantis N.V is global cars companies which started the business since 2021. Structurally, this company is a merger result between Fiat Chrysler Automobiles (FCA) and the French PSA Group. As a result of this merger, this formed company, Stellantis controls many vehicle brands. These includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Ram and Vauxhall.
Based on the Balance sheet of company in 2021, Stellantis has assets 171 billion Euro / 174 billion US Dollar with Liabilities 106 billion Euro / 108 billion US Dollar. Meanwhile, based on the business performance in 2021, the company got revenue 149 billion Euro / 151 billion US Dollar with net Income around 14.2 billion Euro / 14.4 billion US Dollar.
4.BMW Group
Bayerische Motoren Werke AG or commonly known as BMW group is global vehicle company that has main office in Munich, Germany. Historically, this company was founded by Camillo Castiglioni, Franz Josef Popp, and Karl Rapp in 1916. The company has some brand including BMW, Mini, and Rolls-Royce. Based on the balance of the company in Annual Report 2021, the company has assets 64.7 billion Euro / 65.9 billion US Dollar with liabilities around 31.4 billion Euro / 32 billion US Dollar. Based on the income statement of the company in 2021, the BMW Group gained revenue around 88.5 billion Euro / 90 billion US Dollar with net Income around 4.9 billion Euro / 4.9 billion US Dollar.
Bibliography of 4 Biggest Car companies From Europe in 2021
Volkswagen AG. 2021. Annual Report 2021. Accessed via https://www.volkswagenag.com/en/InvestorRelations/news-and-publications/Annual_Reports.html on September 11st, 2022
Daimler AG. 2021. Annual Report 2021. Accessed via https://group.mercedes-benz.com/investors/reports-news/annual-reports/2021/ on September 11st, 2022
Stellantis. 2021. Annual Report 2021. Accessed via https://www.stellantis.com/en/investors/reporting/financial-reports on September 11st, 2022
BMW.2021. Annual Report 2021. Accessed via https://www.bmwgroup.com/en/investor-relations/company-reports.html on August 11st, 2022