Maruti Suzuki Global Ranking: India’s largest car manufacturer Maruti Suzuki has created a new identity in the Global Automobile Market. The company has now joined the list of top 10 most valuable car companies in the world. According to the latest report, Maruti Suzuki has moved up to 8th position and has overtaken the veterans like Ford, General Motors and Volkswagen with the most strong market capitalization.
The same Maruti which you have seen as Alto, WagonR and Swift standing in the street, the same Maruti has now left behind Big shots like Ford, General Motors and even Volkswagen. According to the latest media reports, the company’s market capacity has been around US $ 57.6 billion. This achievement is no less than a milestone for India’s auto industry.
Now the question arises that how did this jump of Maruti be possible? The biggest reason for this is believed to be the recently implemented GST structure. These cars have become more cheap due to tax relief on small and budget-friendly cars, such as Alto, S -res and WagonR. It directly affected the booking and the rows of customers became longer. The eye of foreign investors also once again went to the Indian automobile market, where Maruti’s brand has become another name for trust.
If you look at the picture of the global level, Tesla is still the king. Whose market cap is 1.4 trillion dollars. This is followed by Toyota (314 billion dollars) and China’s BYD ($ 133 billion). Ferrari ($ 92.7 billion), BMW ($ 61.3 billion) and Mercedes-Benz ($ 59.8 billion) are also included in the top list.
But Maruti Suzuki has surpassed big names like General Motors ($ 57.1 billion), Volkswagen ($ 55.7 billion) and Ford ($ 46.3 billion) on the basis of its $ 57.6 billion evaluation.
World’s top 10 automobile companies
| Rank | Company | Market cap (in US dollars) |
| 1 | Tesla | 1.4 trillion |
| 2 | Toyota | 314 billion |
| 3 | BYD | 133 billion |
| 4 | Ferrari | 92.7 billion |
| 5 | BMW | 61.3 billion |
| 6 | Mercedes-Benz | 59.8 billion |
| 7 | Honda Motor | 59 billion |
| 8 | Maruti Suzuki | 57.6 billion |
| 9 | General Motors | 57.1 billion |
| 10 | Volkswagen | 55.7 billion |
| 11 | Ford | 46.3 billion |
Parent company Suzuki is also behind Maruti
The country’s largest car manufacturer Maruti Suzuki has also surpassed its own parent brand Suzuki Motor Corporation, Japan. Whose current market captivity is about 29 billion dollars. Maruti is now located just below the Honda Motor ($ 59 billion) in the global rankings. That is, soon Maruti Suzuki can also leave Honda behind.
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