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Which car brand makes the most profit per car sold?

Based on financial statements and sales results of 19 houses car manufacturing the world’s largest vehicle from Europe, North America, Japan, China and Korea, the experts of Motor1 website have detailed analysis of the global car market situation in 2021, as well as the average profit per car sold by the automakers.

19 car manufacturers analyzed by Motor1 website include Aston Martin, BMW, Daimler (Mercedes-Benz), Ferrari, Ford, Geely Group, General Motors, Honda, Hyundai, Isuzu, Mazda, Renault-Nissan, Stellantis, Subaru, Suzuki , Tata, Tesla, Toyota and Volkswagen Group.

According to Motor1, in 2021, these 19 automakers sold a total of 69.54 million vehicles, up 2% compared to 2020 sales, but down 14% compared to the number of cars sold in 2019. Total sales of 19 automakers achieved $ 1.89 trillion, up 13% compared to 2020, but down 6% compared to 2019.

Which car brand makes the most profit per car sold?  - Photo 1.

Detailed profit of 19 leading car manufacturers in the world in 2021 (unit: billion Euro).

Motor1 said that the reason why the sales and revenue of 19 car manufacturers in 2021 increased compared to 2020 was because the economic situation gradually recovered after being heavily affected by the pandemic, making users willing to spend more. more money to exchange for a new car, but the level of recovery is still not enough compared to 2019, the time before the pandemic took place.

A rather surprising detail that Motor1 recognized from the financial statements of car manufacturers is that although both revenue and vehicle sales declined, in return, these 19 automakers made profits in the year. 2021 is higher than in 2020 and 2019. The total profit that car manufacturers achieve in 2021 is 143.97 billion USD, of which, on average, for every 100 USD in revenue achieved, car manufacturers make a profit. 7.6 USD, a sharp increase compared to the average profit of 3.5 USD / 100 USD in revenue in 2020 and 5.1 USD in profit / 100 USD in revenue in 2019.

One of the reasons for this may be because car manufacturers have increased the selling price of their products in the face of a global supply shortage (affected by the “thirst” for chips, causing many production plants to be interrupted. paragraphs) or discounts to car dealers.

In addition, the shortage of components causes car manufacturers to focus only on the most profitable and successful product lines, ignoring the low-volume and low-volume cars, helping to optimize profits. in the year 2021.

Motor1’s report also shows that the average profit for each car sold in 2021 is $ 2,069, a significant increase from 892 USD/car in 2020 and 1,270 USD/car in 2019.

Which car brand makes the most profit per car sold?  - Photo 2.

Ferrari is the automaker with the highest average profit per car sold in 2021 (Image: Motor1).

Of the 19 brands studied and analyzed by Motor1, Ferrari is the car brand with the highest average profit per car it sells. Ferrari’s profit margin increased from 21.4% in 2020 to 25.5% in 2021. On average, for each car sold in 2021, Ferrari earned a profit of $106,078, far ahead of $6,693. of Tesla in second place.

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