When you’re searching for long-term growth, the safest auto stocks to invest in could also be the top auto companies in the world.
For more than a century, the auto industry has been going strong around the world. The first U.S. car company to go public was Ford, which did so in 1956. Other names you know will show up on this list as some of the best stocks to invest in when you’re looking for a place to park your money for the long term. Most of these names could make great investments for your retirement goals.
What are the top ten most valuable auto companies in the world?
10. Hyundai Motor Co. (HYMTF): $25 billion
Hyundai squeezed into the tenth spot on the list to be a company that could be an excellent place for your investment. This company is producing new electric vehicles at an alarming rate and has expanded to three brands over the past few years. You’re familiar with Hyundai, Kia, and Genesis models, which all come from this parent company. The arrow points upward for Hyundai and its investors; will you be one of them?
9. Ferrari N.V. (RACE): $29 billion
Although Ferrari only makes a few different models, those vehicles are built with such quality, precision, and perfection that they are some of the most desirable cars in the world. This could be one of the safest auto stocks for your investment, especially when looking at the top auto companies. Ferrari has its new SUV heading to the market to be a vehicle that should help sales grow quickly for this brand. Will the Purosangue be the cornerstone of Ferrari the same way the Urus has been for Lamborghini?
8. Ford Motor Co. (F): $36 billion
Over the past few years, Ford has made its initial entries into the electric vehicle market. The Ford F-150 Lightning and Mustang Mach-E are both incredible models that have hit some of the top marks for sales and desire. There’s no denying the quality and presence Ford enjoys in the automotive market. Ford’s future success could hinge on Lincoln expanding and the growth of its EV lineup to create more electric SUVs.
7. Tesla (TSLA): $39 billion
Tesla continues to grow and bring more models to the market. The new Cybertruck will arrive later this year as part of the 2024 model year, and Tesla recently launched a new semi-truck that will carry products around the country. Other EV automakers could challenge Tesla for the top position in this arena, but very few have the capacity to bring the top EV automaker to its knees. Will Tesla continue its upward trajectory and become one of the most valuable automakers in the world?
6. BMW (BMW.DE) (BMW.MI): $42 billion
When it comes to luxury automakers with a bend toward performance, BMW is at the top of the list. This company doesn’t slow down for anything. We already see several new electric vehicles heading to market wearing the classic BMW logo and twin-kidney grilles. The popularity of BMW continues to make it one of the top companies and the safest auto stocks for your investment into one of the top auto companies in the world. Will you park your money with BMW for the long term?
5. Honda Motor Co. (HMC): $42 billion
Honda is on a path that puts it behind several other brands in regard to its EV lineup. In fact, Honda is looking to move into traditional hybrid models before adding electric vehicles to the mix. That said, Honda has entered a partnership with GM and Sony to develop new EVs for the future. This company has been around for several decades and could be the right company for you to invest your money. This is especially true if Honda finds a way to catch up in the near future.
4. Daimler AG (DAI.DE): $49 billion
Daimler is the parent company of Mercedes-Benz, which produces some of the top luxury vehicles in the market. Like BMW, Mercedes-Benz is working toward an all-electric lineup which will push it forward into the future automotive market. When it’s time for an investment in a luxury brand, this is one of the safest auto stocks for you to invest into the top auto companies. Will you look to Daimler AG for your future investment success?
3. General Motors Co. (GM): $52 billion
General Motors is the largest auto company in the world, but that doesn’t make it the most valuable. Still, this could be a fantastic company for you to put your money to allow it to grow over time. Currently, there are four brands under the GM umbrella, and all of them will offer new electric vehicles in the next two model years. GM began its move into EVs with the Chevy Bolt but looks to expand its brand presence and electrified lineup with several new models.
2. Volkswagen AG(VOW.DE): $80 billion
The Volkswagen Auto Group has several different brands under its umbrella. We’re not only speaking about the VW-badged vehicles here. This means this could be one of the safest auto stocks, making it easy for you to know that several brands working together help make this one of the top auto companies in the world. When you think of this auto group, consider Porsche, Audi, Bentley, Bugatti, Lamborghini, Ducati, and Volkswagen are all part of this incredible group.
1. Toyota Motor Corp. (TM): $211 billion
Toyota is the most successful automotive company in the world, and nearly always rivals GM as the largest. Toyota is also the parent company of Lexus, which makes it easy to see what makes this company so valuable. You’ll find new EVs coming from these brands over the next few years, but Toyota is also one of the most cautious companies in the automotive industry. This could be the ideal company for your investment when you’re looking for long-term growth and a proven performer.
Which of these ten companies are the safest auto stocks for you? These are the top auto companies in the world and will likely be around for the next few decades. It’s easy to allow your investment to grow with any of these amazing companies.
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