BMW, Audi, and Mercedes-Benz account for approximately 70% share of the global luxury car market. You also have the option to opt-out of these cookies. Shopping for a new car can be intimidating, even as consumers have more resources than ever to help them research from their own home before setting foot in the high-pressure dealership environment. Discover who the top 10 luxury car brands in the world by brand value and revenue are in 2020? • Porsche’s current lineup of sportscars includes the 718 Boxster/Cayman, 911, Panamera, Macan, Cayenne, and Taycan. Our platform is designed to help companies generate leads, shortlist suppliers, request for proposals, and identify global companies. Aston Martin generated annual revenue of USD 1.23 billion last year and is known for its multiple luxury car lines. Tesla ranks as the world’s best-selling plug-in as well as best-selling battery electric passenger car manufacturers by cars sold in 2019. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Lexus… BMW is a German multinational company known for manufacturing and producing automobiles and motorcycles. Coming in 3rd on the list of the top luxury car brands in the world is also from Italy and a luxury vehicle brand known for its supercars. Tesla Headquarters: Palo Alto, California, U.S. Tesla Total Asset Value: USD 34.30 billion, Ferrari Headquarters: Maranello, Emilia-Romagna, Italy & Amsterdam, Netherlands, Ferrari Total Asset Value: USD 4.57 billion, Lamborghini Headquarters: Sant’Agata Bolognese, Italy, Mercedes-Benz Headquarters: Stuttgart, Germany, Porsche Headquarters: Stuttgart, Baden-Württemberg, Germany, Aston Martin Headquarters: Gaydon, England, UK, Jaguar Headquarters: Whitley, Coventry, England, Rolls Royce Headquarters: Goodwood, West Sussex, England, United Kingdom, Bentley Headquarters: Crewe, England, United Kingdom. Review our, Automobile Dealers Industry Portal: Discover, Track, Evaluate, and Connect, 9 Types of Buyers in B2B 2020: Complete Guide, Automobile Industry Factsheet 2020: Imports, Exports, Prices & Future Trends, list of top 10 luxury car brands in the world. New on the list of the top 10 luxury car brands in the world list starts with Tesla, the American electric vehicle and clean energy company based in Palo Alto, California. Last year, Lexus trailed behind Volvo as the king of the car brands in the US using data compiled by ACSI. Bentley was founded in 1919 — making the company one of the oldest among the top 10 luxury car brands in the world list. The luxury car market is projected to grow at a CAGR of 5.38% by 2024. This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Cloudflare Ray ID: 5f8ad0440a5de744 The third company on this list the British luxury automobile maker, Rolls Royce. Connect with the top automobile manufacturers of luxury cars at a B2B level. Top 16 Most Expensive Car Brands In The World November 23, 2020 by Fumiko Well, as a bigger percent of people treat cars as a necessity that will help them get from point A to B and hence looking for a pocket-friendly car while not compromising on quality, to some this doesn’t happen. Mercedes-Benz is the global leader in the luxury car segment. The modern car buyer is spending less time at the dealership and looking for ways to discover, track, evaluate, and connect with automobile dealers online. Daimler AG is one of the world’s biggest producer and supplier of premium cars and commercial vehicles all around the… Looking past 2020, the future of the luxury car market looks promising as the top 10 luxury car brands in the world continue to grow their total assets and annual revenue. The company is known for luxury vehicles, vans, trucks, buses, coaches, and ambulances. Rolls Royce is currently owned by German group BMW and is known for a wide range of luxury cars with a strong brand presence worldwide. BMW, Mercedes-Benz, and Audi are the largest luxury car brands in the world by revenue. BizVibe has redefined the concept of B2B networking by helping buyers select the right supplier. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Necessary cookies are absolutely essential for the website to function properly. Land Rover finished last among 32 car brands in JD Power's 2020 vehicle-dependability study, with 220 problems per 100 vehicles. Jaguar is a British multinational car manufacturer with its headquarters in Whitley, Coventry, England and is the luxury car segment for Jaguar Land Rover. Lamborghini is an Italian brand and manufacturer of luxury sports cars and SUVs based in Sant’Agata Bolognese and currently owned by the Volkswagen Group through its subsidiary Audi. The Site uses cookies to record users' preferences in relation to the functionality of accessibility. In fact, it has regularly listed as one of the top 5 car brands in surveys since 2011. The luxury car market is mainly dominated by manufacturers from Germany, Italy, and the UK, but the brand value list conducted by BizVibe adds new companies on the list. Performance & security by Cloudflare, Please complete the security check to access. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Tesla was founded in 2003 as a technology company and automaker. This fact sheet is to assist business professionals, investors, and people in general that are interested in gaining insights into the global luxury car market including: Did you know: Car buyers spend 59% of their time online researching. Brand Finance ranked Ferrari as the world’s most powerful brand in 2014. These cookies do not store any personal information. These companies are changing the way businesses are innovating in the luxury car market. Bentley is s a British manufacturer of luxury cars and is currently owned by the Volkswagen Group. Expect the industry to keep growing and the key players to play a vital role in its growth as the industry pushes towards better cars and new technology. BMW, Mercedes-Benz, and Audi are the largest luxury car brands in the world by revenue. Don’t feel pressured at the dealership, 78% of shoppers are using websites like BizVibe to find the top luxury car brands online. Tesla’s main pull is in the electric vehicle market and provides a very popular car lineup of luxury cars including the Model S, Model X, Model Y; the everyday brand Model 3; and the soon to be released Cybertruck. This category only includes cookies that ensures basic functionalities and security features of the website. We also use third-party cookies that help us analyze and understand how you use this website. Another way to prevent getting this page in the future is to use Privacy Pass. The following is a list of the top luxury car brands ranked by a combination of revenue and brand value. The fastest-growing market is in the Asia Pacific region. Tied in first for the best car brand in America, Lexus is no stranger to high survey rankings. The top 10 luxury car brands in the world are contributing to a fast-growing global luxury car market in 2020. Porsche was founded in 1931 in Germany and is majority-owned by Porsche Automobil Holding SE. • Founded in 1926, Mercedez-Benz brings in the highest annual revenue among the top luxury car brands with annual revenues reaching USD 185 billion. Founded in 1916, BMW is a well-recognized company with high annual revenues. Please refer to the help guide of your browser for further information on cookies, including how to disable them. The company ranks 8th on BizVibe’s list of the top luxury car brands in the world in 2020 due to its popular lineup of cars. This is BizVibe’s list of the top 10 luxury car brands in the world based on revenue and brand value. Toyota might’ve lost its crown, but its luxury sibling has taken its place, so that’s still a win in our books. (Autotrader). The top 10 luxury car brands in the world are contributing to a fast-growing global luxury car market in 2020. The first UK-based company on this list of the top luxury vehicle brands is the British independent manufacturer of luxury sports cars and grand tourers Aston Martin. The company’s headquarters are in Munich, Germany and the company is especially known for its German-engineering. These cookies will be stored in your browser only with your consent. It is mandatory to procure user consent prior to running these cookies on your website. The brand power of Ferrari has always been super strong and that’s why the company ranks 2nd on BizVibe’s list of the top 10 luxury car brands in the world in 2020. The Best Car Brands For US Customers Lexus. But opting out of some of these cookies may have an effect on your browsing experience. Ferrari is is an Italian luxury sports car manufacturer known for its supercars. You may need to download version 2.0 now from the Chrome Web Store.