The success and growth of any business is greatly influenced by the profits a company collects from the sales and transactions. The higher the price of the product, the more profits one earns from the product. Increasing the production of such products to increase the supply to suite the demand hence more profits. The same concept and implementations are used in the car buying and selling field in the car market. Big Auto companies are branded by producing and selling many cars with a high car price, which enables them amass profits in that business field of cars. This has brought about prosperity and expansion of companies through building mega structures in addition to opening up branches all over the world.
Basically, the list of the world’s largest auto companies this year is too predictable with no companies surprisingly making it to the list. There are just a few changes like Ford dropping from the forth to the seventh on the automakers’ list. This is due to some setbacks in the ford cars not doing well on Dubai car market since their estimate car value is too low compared to other cars nevertheless the demand is also low due to less popularity of the Ford brand.
Toyota remains the undisputed world’s biggest automaker both on the list and by number of cars sold world-wide. This is because Toyota produces all kinds of car the fit the luxury cars, heavy duty vehicles, family cars and personal-small low fuel-consumption cars. This makes it a widespread brand the can be found in Africa, Asian, Europe among others. The Japanese company sold 10.23 million vehicles in 2014, bettering the Volkswagen and General Motors, making it to top up the list of the World’s Biggest Auto companies.
