Global vehicle sales by manufacturer are broken down in this screen. 25 companies produce 85% of the world’s vehicles, led by Toyota, VW, Stellantis, GM and Ford. The data-file contains key notes on each company. In 2025, 35% of companies slowed their deployment of electric vehicles, while 95% accelerated their focus on autonomous vehicles.
Global vehicle sales by manufacturer are tabulated in this data-file. The entire global OEM industry produces 95M vehicles per year (see our vehicle sales database), at an average revenue of c$30k per vehicle, for $2.8trn of total revenues (i.e., 2.5% of global GDP), across $3trn of market cap (2% of global total), while directly employing 5M people.
OEMs’ revenues average $30k per global vehicle sold and their gross profit averages $5k per vehicle sold. For luxury vehicles (e.g., BMW, Mercedes, Volvo, Land Rover), revenue per vehicle is closer to $50k and gross profit per vehicle can exceed $10k per vehicle. Details are in the file for each OEM (chart below).
Electric vehicle sales by manufacturer are also disaggregated for 11M BEVs and 7M PHEVs sold in 2024. BYD and Tesla together sold 35% of the world’s EVs, while the top 10 list also includes VW, Stellantis (due to the Fiat 500e and Peugeot e-208) and GM (due to the Chevy Bolt range).
Our take is that electric motors are superior to ICE engines in power, performance and vehicle emissions; but EV batteries are still inferior to hydrocarbons in energy density and vehicle cost implications.
However, 2024/25 has seen weaker momentum for electric vehicles. Commentary is tabulated in the data-file, company by company, showing that 35% of OEMs materially slowed their proposed deployment of EVs over the past year, including due to the accelerated phase-out of US tax credits.
Conversely, autonomous vehicles gained particular momentum in 2025, as the world grew excited over AI, the potentially improved experience of autonomous mobility and potentially low costs of robotaxis.
The comments tabulated in the data-file show that over 95% of the OEMs in our screen are accelerating, or materially accelerating, the deployment of ADAS and fully autonomous driving, often citing goals of “net zero fatalities” in their vehicles, and unlocking more mobility.