The leading 10 luxurious car brands in the world are an integral part of the expeditious worldwide luxury car market. The luxury car market is expected to increase at a CAGR of 5.38 percent by 2024. BMW, Mercedes-Benz, and Audi are the brands that are the largest in the luxury car market in regards to revenue.
This market is highly controlled by builders from Germany, Italy, and the United Kingdom. Though it’s a growing industry and has various options, it is tough to choose the best as per your requirement. Here are the best luxury cars, in the world, which are making better revenue than the others in 2020 by building quality luxurious cars.
Top 10 Luxury Car Brands
Tesla was formed in 2003 by a batch of engineers who wanted to manifest that people didn’t need to do settlement to drive electric vehicles. These vehicles can be finer, faster and more enjoyable to drive than other cars. Tesla draws up the world’s most-selling plug-in and most-selling battery electric passenger car builders in 2019.
Tesla’s main focus is in the electric vehicle and prepares highly popular car queues of luxury cars comprising the everyday brand Model 3 ( Model S, X & Y ) and the upcoming Cybertruck.
Tesla is disrupting the luxury car market as its sales numbers are causing damage to the previously owned luxury car market. The once high demand for European luxury car brands is now moving to Tesla’s electric car deals.
The brand potential of Ferrari has always been super brawny. As a result, the company is in the second position in our list of the leading 10 luxury car brands in the world. Ferrari is an Italian luxury sports car builder famous for its supercars.
Ferrari has two bases in Europe, one in the Netherlands and the other in Italy. The annual returns of Ferrari are of nearly USD 3.8 billion. Ferrari was declared as the world’s strongest brand in 2014.
It is the only luxury car brand that can impart to manufacture a car with a single line that attaches the front with the rear. This luxury car brand is also from Italy. This car brand is famous for its supercars. Lamborghini is an Italian brand and builder of luxury sports cars rooted in Sant’Agata Bolognese.
It is presently possessed by the Volkswagen Group through its secondary Audi. The company makes annual revenue of USD 647.2 million. Furthermore, the company is famous for building marine engines, motorcycles and other branded merchandise.
This brand is famous for its performance, unparalleled safety, distinctive styling, and advanced technology. Mercedes-Benz is the German-based automobile brand and a part of Daimler AG. It is fourth on our list of the leading luxury car brands In the world.
The company is famous for its luxury vehicles, vans, trucks, ambulances, etc. It was founded in 1926. This company makes the highest annual returns among the leading luxury car brands with annual revenue as much as USD 185 billion.
BMW is a German-based MNC famous for building and producing vehicles and motorcycles. It was founded in 1916. BMW is a popular company with high annual returns.
The company’s HQ is in Munich, Germany. The company is famous in the world for its German-engineering. BMW is second to Mercedes-Benz in annual profit among the leading ten luxury cars in the list.
Porsche is particularly famous globally for its extraordinary designs and super performance level. It was founded in 1931. Its balance, appearance, and diversity make it different from the other luxury cars. It is based at Stuttgart, Germany.
Porsche is a high-yield luxury car and sixth on our list of the leading ten luxury car brands in the world. Porsche’s upcoming sportscars are the 718 Cayman, 911, Panamera, Macan etc. It is mainly owned by Porsche Automobile Holding SE.
It is the first United Kingdom-based company on our list of the leading luxury car brands. It is the British sole builder of luxury sports cars and grand tourers. Aston Martin achieved an annual profit of USD 1.23 billion in 2019. It is known for its various luxury car lines.
Jaguar is a British MNC car builder with its base in England. It is the luxury car portion for Jaguar Land Rover. The company is on the eighth number on our list of the leading luxury car brands in the world due to its admired lineup of cars. It was founded in 1935.
It has a present car lineup of E-Pace, F-Pace, F-Type, I-Pace, XE, XF, and XJ.
It is a British luxury automobile builder company. Rolls Royce is presently possessed by German group BMW. It is famous for its various luxury cars with a popular brand presence globally. It was founded in 1998. Rolls Royce generated annual revenue of USD 20.6 million last year.
It is a British builder of luxurious cars. It is presently possessed by the Volkswagen Group. Bentley is a brand equal to the word luxury. It has a really strong lineup of luxury cars and vehicles. It was founded in 1919 which makes it one of the oldest among the leading ten luxury car brands globally.
Though we have made this list based on these brands’ present quality, popularity and profit. But it may change soon because of the fluidity in the luxury car market.
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