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Abby Yuan

Top 10 automobile companies in 2018

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In February 2018, Xinhua Finance and Economics (XHF), a subsidiary of Xinhua News Agency, published a list of the top 500 global market capitalization companies in 2017. It ranked the listed companies according to their market capitalization (market capitalization = unit stock price * number of shares issued, whichever is the closing data on December 31, 2017).

According to the ranking, the top ten companies in the global automotive industry are Toyota Motor and Volkswagen Motor. China's SAIC Group ranks seventh with 57.53 billion US dollars, and the automotive companies from Japan, Germany and the United States, which are the traditional automotive powers, each occupy three seats.

As a supplier of automotive parts in China, Feilongjiang Li is proud to learn that SAIC Group is among the top ten automotive companies with market capitalization in 2018.

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