Which Are The Top 10 Automakers Listed In US?

Automakers around the world saw their sales dip immediately after the coronavirus outbreak. However, the sales are now gradually recovering, and the companies remain optimistic in their numbers this year despite supply chain bottlenecks and semiconductor shortage.

Here, we explore the ten large automakers listed in the U.S. based on market capitalization.

1. Tesla Inc. (NASDAQ:TSLA)

Tesla tops the list of large automakers listed in the U.S. with a market capitalization of US$582.94 billion on NASDAQ. Tesla made its way to S&P 500 index in 2020 after reporting four consecutive profitable quarters.

Tesla’s stock has declined approximately 16 percent year to date but rallied 229 percent in the last one-year period. The stock traded in the range of US$171.69 to US$900.40 during the 52-week period.

The California-based company’s electric vehicles include the Model S and Model 3 sedan, the Model X SUV, and the Model Y crossover. It is also developing a semi-trailer truck Semi, light-duty truck Cybertruck and second-generation sports car Roadster. The company produces its vehicles from its factory in California and Shanghai.

Tesla’s non-GAAP net income during the first quarter ended March totaled US$1.05 billion and reported revenue of US$10.39 billion. In 2020, Tesla produced 509,737 vehicles and delivered 499,550 units.

READ MORE: Tesla Shares Drop Despite Record Earnings For Q1’21

2. Toyota Motor Corporation (NYSE:TM)

Toyota is the largest automaker by sales. The company has been trading on NYSE since 1999 and currently has a market capitalization of US$249.04 billion.

The auto giant’s stock gained 16 percent year to date and 37 percent in the last one year. It has a 52-week trading range of US$118.66 to US$182.66.

In the fiscal year ended March 31, Toyota reported a net income of ¥2.24 trillion on sales of ¥27.21 trillion. Toyota, which also owns luxury car brand Lexus, sold 7.6 million vehicles during the fiscal year.

The company projects its net income in fiscal 2022 to grow 2.4 percent year over year despite the semiconductor shortage.

Source: Pixabay.

3. General Motors Company (NYSE:GM)

GM has a market capitalization of US$91.25 billion. Its stock gained 50 percent year to date and doubled in the last one year. The shares have a 52-week trading range of US$23.33 to US$64.30.

GM now expects its first-half results to be “significantly better” than its previous projection. The company earlier forecasted its adjusted EBIT be around US$5.5 billion, while full-year adjusted EBIT is anticipated to be at the higher end of US$10 billion to US$11 billion.

During the first quarter, GM recorded a net income of US$3.02 billion and US$32.47 billion in revenue. The automaker sold 2.55 million vehicles in the U.S. last year.

GM recently said it would increase the monthly production and deliveries in North America despite the semiconductor chip shortage.

READ MORE: General Motors Lifts H1 Outlook, Ford’s May Sales Up 4%

4. NIO Inc (NYSE:NIO)

This Chinese automaker has a market capitalization of US$72.24 billion. The stock fell 14 percent year to date but skyrocketed 650 percent in the one-year period. It has a 52-week trading range of US$5.66 to US$66.99.

Shanghai-based Nio makes and sells premium smart electric vehicles in China. Its portfolio includes ES8, ES6, and EC6 SUVs, and ET7 electric sedan. The company also develops autonomous driving technologies and electric powertrains.

The electric vehicle maker reported US$1.22 billion in first-quarter revenue while it posted a net loss of US$68.8 million. Nio delivered 43,728 vehicles in 2020.

5. Stellantis N.V. (NYSE:STLA)

Stellantis was formed by merging Detroit automaker Fiat Chrysler Automobiles and French carmaker Groupe PSA earlier this year. Stellantis started trading on NYSE on January 18 following the US$52 billion merger. The company also trades in Paris and Milan.

Stellantis portfolio includes FCA’s Alfa Romeo, Chrysler, Dodge, Fiat, Jeep and Maserati brands, and PSA’s Peugeot, Citroën, DS, Opel and Vauxhall.

Stellantis has a market capitalization of US$66.05 billion. The stock rose over 39 percent since it started trading under the ticker STLA.

READ MORE: FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut

Source: Pixabay.

6. 
   Ford Motor Company (NYSE:F)

Ford has a market capitalization of US$63.39 billion. Its stock, which more than doubled in the last one year, soared 80 percent year to date. The stock has a 52-week trading range of US$5.74 to US$16.45.

Ford targets to electrify 40 percent of its vehicles by 2030 fully and has committed to invest US$30 billion for electrification by 2025.

Recently, the automaker tied up with South Korea’s SK Innovation for a joint venture in the U.S. that will produce battery cells for its vehicles.

READ MORE: Ford Among Most Active Stocks After EV Investment Boost

7. Honda Motor Co., Ltd. (NYSE:HMC)

The Tokyo-based automaker has a market capitalization of US$56.23 billion on NYSE. The stock rose around 17 percent year to date and in the one-year period. The shares traded in the range of US$23.10 to US$33.22 during the 52 weeks.

During the fiscal year ended March, Honda booked a profit of ¥657.4 billion consolidated sales revenue was ¥13.17 trillion. The company produced 4.53 million vehicles in the fiscal year 2021.

8. Ferrari N.V. (NYSE:RACE)

The Italian sports car maker has been trading on NYSE since 2015. Now it has a market capitalization of US$54.03 billion. The stock is down approximately 5 percent year to date but rose 28 percent in the last one-year period.

In the first quarter, Ferrari recorded €266 million in adjusted EBIT and €1.01 billion in net revenues. The company shipped 9,119 units in 2020.

For 2021, Ferrari projects adjusted EBIT in the range of €970 million to €1.02 billion and €4.3 billion in net revenues.

Source: Pixabay.

9. XPeng Inc. (NYSE:XPEV)

XPeng is a Chinese electric vehicle maker that started trading on NYSE in August 2020. The company makes P5 sedan, P7 sports sedan and G3 compact SUV.

XPeng has a market capitalization of US$31.51 billion. The stock, which gained 66 percent since its listing, is down 15 percent year to date. It has a 52-week trading range of US$17.11 to US$74.49.

It posted a net loss of US$120.1 million in the first quarter while its total revenue came in at US$450.4 million. In 2020, XPeng delivered 27,041 vehicles.

READ MORE: 2 EV Stocks To Explore: Nio, XPeng

10. Tata Motors Limited (NYSE:TTM)

The Indian passenger and commercial automaker has a market cap of US$17.07 billion on NYSE. Its stock surged 83 percent year to date and jumped 202 percent in the one-year period. 

Tata Motors’ loss in the fiscal year ended March 31 was 13,395 crore Indian rupees. Net revenues were 47,031 crore rupees. During the fiscal year, Jaguar Land Rover’s global retail sales were 439,588 vehicles, while Tata Motors’ wholesales totaled 484,591 units.

READ MORE: What Are The Top 10 NASDAQ Stocks?