Top 10 Car manufacturer groups- Worldwide

   A lot happened in 2016 in the Automotive world. Many big names had to recall their cars for air-bag failures or fuel filter failures etc. etc.  Especially the diesel gate scandal rocking Volkswagen Group's brand, there was much doubt about the company's performance, having to pay heavily both financially and in sales.

   However, the Volkswagen Group managed to handle the effects of the scandal market-by-market with a spectacular year-end result, with worldwide sales of cars and light motor vehicles better than 2015.

   So here are The Top 10 Car Manufacturer Groups- Worldwide

10. Suzuki

Suzuki sold 2.85 million vehicles in the year 2016 and stood the 10th rank beating Mercedes-Benz. The Japanese automaker stood with a market share of 3.1 percent in 2016 and growth of 0.3 percent.

9. PSA

Groupe PSA is informally known as PSA, the French multinational manufacturer of automobiles sold under the Peugeot, Citroen and DS Automobiles brands. PSA is predominantly present in the European, South American and the Canadian region.

8. FCA

Fiat Chrysler Automobiles (FCA) sold 4.86 million units in 2016 and registered 2.5 percent increase in sales compared to 2015.

7. Honda

The Japanese automobile manufacturer sold 4.90 million vehicles in 2016 with amarket share of 5.4 percent. This might be same compared to 8th ranked FCA, but the overall sales number was slightly higher compared to FCA.

6. Ford

Ford was the most hit among this list with sales of 6.29 million vehicles in 2016. The American company registered sales growth of 1.7 percent and market share of 6.9 percent. Over the period of 2016, Ford has maintained its 6th position but did not perform well when compared to its nearest rival, General Motors.

5. General Motors

General Motors commonly known by ‘GM', the American based company is a world renowned brand and sells vehicles around the world. The company sold 7.97 million vehicles in 2016 registering a marginal increase in sales. GM currently holds market share of 8.8 percent in the world.

4. Hyundai-Kia

The South-Korean company, Hyundai holds 33 percent stake in Kia Motors together sold 8.17 million vehicles in the world. The company now holds 9 percent of the market share in the automobile industry in the world. Founded in 2000, the company has grown in leaps and bounds with the quality products.

3. Renault-Nissan

Renault-Nissan might be new to India; however, they have finished on the podium with sales of 8.51 million vehicles in 2016. The group has a market share of 9.4 percent and is the most significant performer on this list.

2. Toyota

With a market share of 10.9 percent, Toyota sold 9.94 million vehicles in 2016. The Japanese automaker lost the leadership to Volkswagen in 2016 after nearly five years.

1. Volkswagen 

 2016, the Volkswagen Group sold a massive 10.10 million vehicles and captured market share of 11.1 percent. It took the leadership from Toyota and as mentioned earlier, despite the diesel gate scandal, the company was able to produce more vehicles than any other car manufacturing groups in the world.