Top 10 Automotive OEM Companies in the World in 2021 by Revenue per Employee
Porsche Automobiles Holding SE, Hyundai Motor, BAIC Motor Corporation Ltd, Kia Corp, and Bayerische Motoren Werke AG are the top 5 automotive original equipment manufacturer companies in the world in 2021 by revenue per employee. Cumulatively, the top 10 automotive original equipment manufacturer companies have an average revenue per employee of $13.17 million, with Porsche Automobile Holding leading the charts with a revenue per employee of $3.53 million, followed by Hyundai Motor Co ($1.47 million) and BAIC Motor Corporation Ltd ($1.38 million), while the company PACCAR Inc had the lowest revenue per employee of $0.83 million. Collectively, the top 10 companies (by revenue per employee) generated revenues of $557,117 million with average revenue growth of 42.4%, with the highest revenue increase being registered by Li Auto Inc (185.6%), followed by Porsche Automobil Holding SE (75.3%), and PACCAR Inc (25.6%), while the revenue decrease was registered by BAIC Motor Corporation Ltd with 0.6%. In terms of the geographical split, 4 out of the top 10 of the world's largest automotive original manufacturer equipment companies (Porsche Automobile Holding SE, Bayerische Motoren Werke AG, Mercedes-Benz Group AG, and Dr. Ing. h.c. F. Porsche AG) are based in Germany, while 3 companies (BAIC Motor Corporation Ltd, Li Auto Inc, and China FAW Group Co Ltd) are based in China, and while 2 companies (Hyundai Motors and Kia Motors) are based in South Korea. They employed a total of 632,043 people in 2021. Germany-based Porsche Automobile Holding SE is the leading automotive original equipment manufacturer company in the world (by Revenue per Employee). The company reported revenues of $5,476 million for the fiscal year ended December 2021 (FY2021), an increase of 75.3% over FY2020 driven by a strong sales mix, disproportionate growth in the other business segments, and positive currency effects. The company is a holding company of two major automobile manufacturers in Germany and six technology companies in the USA and Israel. The company’s portfolio investments include Volkswagen, PTV AG, INRIX Inc, Mark forged Inc, Seurat Technologies Inc, AEVA Inc, Issar Aerospace Technologies GmbH, and Aurora Labs Ltd. The major brands include Audi, Volkswagen, Seat, Skoda, Porsche, Bentley, Bugatti, Ducati, Scania, and Lamborghini. The company has 122 manufacturing plants in 20 European nations and 11 countries in America, Asia, and Africa and employs 35 people. Hyundai Motor Co (Hyundai) is one of the leading automotive original equipment manufacturer companies in the world (by Revenue per Employee). The company reported revenues of $102,797 million for the fiscal year ended June 2021 (FY2021), an increase of 13.1% over FY2020. The company designs, develops, manufactures, and distributes motor vehicles, trucks, buses, special utility vehicles and chassis, trains, and automotive parts. It also provides vehicle financing and credit card processing services. It had more than 150 subsidiaries at the end of FY2021. The company has manufacturing facilities in the US, Russia, China, Korea, Turkey, India, Czech Republic, and Brazil, and employs 70,032 people.