How Much Does Toyota and Other Companies Earn Every Second?

The automotive industry has a significant impact on the economy of countries and the world as a whole, because companies earn thousands of dollars every second.

The modern rhythm of life, which is characterized by incredible dynamics, requires rapid actions and maximum mobility from a person. The car has become an ideal helper in saving time and solving many issues. Every year, the automotive industry is developing more rapidly, becoming a real driving force of the world economy.

Automaker2019 Gross Revenue ($)2019 Gross Revenue per Second ($)
General Motors$137.2B$4,351.76
Fiat Chrysler$121.6B$3,856.10
Mercedes-Benz (Daimler)$104.6B$3,316.84
PSA Group$84.0B$2,664.17
Tata Motors$43.7B$1,385.72

In 2019 alone, 92 million vehicles rolled off the assembly lines of various companies. Certainly, all companies have different rates, production and sales volumes, as well as profitability. Among them, we can distinguish 19 of the largest ones, whose revenue reaches the highest indicators. Of course, you can take their figures for a year or five years, but this would be very banal. Parts Geek provided data on the revenue of these auto giants per second. And they are really impressive.

The leader is the Volkswagen Group with gross revenue of $290.2 billion, which corresponds to $9,202. 88 per second. It is followed by Toyota with revenue of $272.3 billion, which is $8,634.58 per second. Ford with $156.0 billion and $4946.73 per second closes the top 3 list. At the same time, the rapidly developing company Tesla, whose cost of EVs is quite high, with a gross turnover of $780.06 per second is in last place in the rating.

How Much Does Toyota and Other Companies Earn Every Second? photo 2
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