🎁Comment on Top 10 Auto Companies:Tesla Rank the Most Valuable Brand in 2023

What‘s your car’s brand? Is it on the Top 10 auto companies list?

Source by Brand Finance

In April, the UK-based Brand Finance, which focuses on brand value evaluation, released the 2023 global brand value rankings of auto companies and groups.

At US$ 66.2 billion, $Tesla Motors(TSLA)$ ’s brand value has surged by 44% and marks the first time an EV OEM has topped the global rankings; it is also the first brand that does not produce gasoline vehicles to top the list. Even expanding the scope to include all product categories not limited to cars, $Tesla Motors(TSLA)$ 's performance is impressive (9th overall, up 19 places from 2022).

BF wrote in the report that $Tesla Motors(TSLA)$'s brand value has increased by more than 5 times compared to before the epidemic, and it has now surpassed last year's top $Mercedes Benz Group AG(DDAIF)$, whose brand value dropped slightly by 3% to US$58.8 billion last year. The runner-up $Toyota(TM)$ in 2022 was troubled by supply chain problems and new energy transformation, and its brand value dropped by nearly one-fifth within a year, with a brand value of US$52.5 billion. It is worth noting that $Tesla Motors(TSLA)$' is also the only company among the top 13 auto companies whose brand value has grown by more than 20% annually.

In terms of specific rankings, $Tesla Motors(TSLA)$' increased by 44% and was valued at US$66.2 billion, ranking first in the brand value of global auto companies in 2023. Mercedes-Benz and Toyota ranked second and third respectively, and three German auto companies $Bayerische Motoren Werke AG(BMWYY)$ , $Porsche Automobile Holding SE(POAHY)$ and $Volkswagen AG(VWAGY)$ occupied the 4th to 6th places, and the 7th to 10th places are respectively occupied by $Honda(HMC)$ , $Forward(FORD)$ , $HYUNDAI MTR.GDR(HYUD.UK)$ $HYUNDAI MTR.GDR(HYUD.UK)$ $Hyundai Motor Co., Ltd.(HYMLF)$ and Audi.

In addition, as the top seller in the Chinese market in 2022, $BYD Co., Ltd.(BYDDY)$ s brand value has also increased by 57%, with a brand valuation of US$10.1 billion. In the middle of last year, the company's market value once exceeded one trillion yuan. The remaining Chinese auto companies whose brand value has increased in the past year include Euler (71%) and GAC (33%).

In its report, BF said BYD's brand value has grown along with sales growth in the world's largest new energy vehicle market (China). Although the company has been subject to multiple headwinds such as the epidemic, supply chain shortages and even power supply in the past year, BYD finally managed to solve this problem and reach the top.

At present, $BYD Co., Ltd.(BYDDY)$ has announced that it will no longer sell pure fuel vehicles, and when seeking to expand customers with more spending power, the company has also launched new brands and plans to expand the market overseas. In fact, this is also the common practice of most Chinese new energy brands that have increased their brand value.

Top 10 brand portfolio value rankings in 2023

Most of the top 10 groups in BF's value ranking in 2023 have experienced a decline in valuation. Among them, the top three ( $Volkswagen AG(VWAGY)$ , $Toyota(TM)$ and $Mercedes Benz Group AG(DDAIF)$ ) fell by 3.1%, 21% and 16.6% respectively; $Honda(HMC)$ , $Ford(F)$ , $Hyundai Motor Co., Ltd.(HYMLF)$ , $General Motors(GM)$ , $GEELY AUTO(00175)$ fell by 9.5%, 8.5%, 16.1%, 15.8%.

$Hyundai Motor Co., Ltd.(HYMLF)$ Group entered the top 10 auto groups the first time, ranking 7th. $Bayerische Motoren Werke AG(BMWYY)$ is the only group in the top 10 that has achieved positive growth, with a slight increase of 1.7%, ranking 4th with a valuation of US$43.8 billion.

$Nissan Motor Co., Ltd.(NSANY)$ , which was ranked 10th in 2022, is struggling with problems such as supply chain, epidemic situation and electrification transformation has fell out of the top 10 of this list this year.


💰Question for Tigers:

What‘s your car’s brand? Is it on the list?

From investing return angle, any of the above stock will be on your watch list in 2023? Why?

🎁Prizes

  • 🐯 All valid comment on the following post will receive 5 Tiger Coins.

  • 🐯 The First 10 and Last 10 Commentator with qualified comments will receive another 10 Tiger Coins.

  • 🐯 TOP 5 high-quality comments will recieve Another 20 Tiger Coins .

⏰Duration

  • From 19 April (24pm EDT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • b1uesky
    ·2023-05-19
    TOP
    thk for having this event.  I don't have a car but I have BMW if have the money. But coe in Singapore are too expensive. 
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  • GoodLife99
    ·2023-04-12
    TOP
    $Tesla Motors(TSLA)$ & $BYD Co., Ltd.(BYDDY)$ are in my watchlist, just added $Toyota(TM)$ into my watchlist as compliments from frens who own Lexus including myself was driving it before with great comfortness. I never thought of $Toyota(TM)$ but till date yes indeed! Market share is increasing significantly.
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    • GoodLife99Replying toShyon
      haha...just trying to share 😉
      2023-04-12
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    • Shyon
      Glad to hear about your nice experience! [Cool]
      2023-04-12
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  • Shyon
    ·2023-04-12
    TOP
    Yes, my car is in the list, which is $Toyota(TM)$. From investing return angle, I will choose either $Tesla Motors(TSLA)$ or $BYD Co., Ltd.(BYDDY)$ as they are both the leader in the EV market which is definitely the future trend! Let's join and comment here guys.

    @rL @HelenJanet @GoodLife99 @Universe宇宙 @Aqa @LMSunshine

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    • GoodLife99Replying toShyon
      [LOL] [LOL] [ShakeHands]
      2023-04-12
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    • ShyonReplying toGoodLife99
      Hehe we want to be the kings too!
      2023-04-12
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    • Universe宇宙
      [ShakeHands]
      2023-04-12
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  • Bons
    ·2023-04-13
    TOP
    well my family cars are in the list $Toyota(TM)$, and I guess it's somehow become a normal trend for people in my country. as for the stocks, $Tesla Motors(TSLA)$ is in my watchlist as in many others' watchlist due to a valid reason that it somehow become a trend setter for EV in the world. I'm currently considering buying $BYD Co., Ltd.(BYDDY)$ and $Li Auto(LI)$ since they look like promising in fulfilling the big proportion in the market segment for cheap EV.
    what's your opinion guys @Viv22 @LMSunshine @KYHBKO @Tigress02 @Universe宇宙 @kungpao @cindyft @wine18 @Xian789 @MTok
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  • BenjiFuji
    ·2023-04-12
    TOP
    My car’s a Nissan and its not on top. But its doesnt matter to me as long as its functioning well. Aside, i wont invest in auto car companies. Rationale is that there isnt any really big moat that they have. Another company can easily duplicate the technology. Only the brand equity is different. Which is something out of my COC. So avoid car brands for me. [Grin]
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  • 我的汽车是通用汽车集团 $通用汽车(GM)$ 旗下品牌,在这个榜单上。从投资回报的角度来看,2023年我会购买比亚迪BYD,因为比亚迪的很多新车型会在2023年大规模投产,触发新的购车需求产生。另外,中国市场的国VI标准普及潮要来了。
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  • LMSunshine
    ·2023-04-12
    Comment in post for 5🪙 Lucky 7 Honda❣️TSLA and BYD is on my watch-list.Would buy BYD if there’s auto-invest for HKEX BYD!🐂-ish for Li Auto as well!THX LOADS @Tiger_SG for this great post!THX @icycrystal for sharing with all of us🥰 @SR050321 @CYKuan @HelenJanet @rL @Universe宇宙 @Jadenkho @melson @Mrzorro @GoodLife99 @SPOT_ON @Kaixiang @BenjiFuji @RDPD富爸穷爸 @SirBahamut @b1uesky @MHh @PJoo @Pepermintpat @RiciaYang @jat @Omega88 @爱上投资学 @Zeniv @Elon2 @Yonhuat @Joker_Smile @grizzlylee @FrankieRed @spkek @snoopy123 @psk @pekss @amroui @Ericdao @StickyRice @StarLuck @Shyon @Success88 @kungpao @CL Wong @Derrick 1234 @MeowKitty @Thonyaunn @紫南 @Zarkness @Ah_Meng @Ratt @Tigress02 @Viv22 @aunteenat @Cory2 @airui @0QH @Cris0 @Brocco @AhGong @deal2deal @Ccl2 @Lcc73 @HLPA @WanEH @markele @pipiso @hlw8888 @Huiz84 @Kingcat @Jo_Tan @RedpillBluep @Furore @breAkdaWn @boardy @Cory2 @Soyabean89 @ngph @KYHBKO @Lionel8383 @Downton @SanWangtikup @Setia100 @th0mastan @LesterTan @IAS @HSTew
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    • Jadenkho
      Did sza sza copy paste your comments🤔
      2023-04-14
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    • Zarkness
      😘😘
      2023-04-13
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    • Niskil
      Thanks for sharing
      2023-04-12
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  • LMSunshine
    ·2023-04-12
    Comment in post for 5🪙 Lucky 7 Honda❣️TSLA and BYD is on my watch-list.Would buy BYD if there’s auto-invest for HKEX BYD!🐂-ish for Li Auto as well!@Kerrisdale @PhilipChow @alylady @moliya @maricel @Sonoma @LuckyPiggie @Doge2theMoon @equitygenius @StayHome @SGboy @Sandyboy @Stayclose @DMTrader @BettyT @Bunta @tigjun21 @JohnL @jace0777 @DoreamonGo @TTrade @VonCat @boonk @Trevelyan @jgaldon @fxaw @Kok @Agxm @Dodonan @BubTigger @Niskil @OddEyeCircle @StarAce @zerolih @WuDi @Asphen @MasterStonker @MoneyCub @MiniAce @StayCalm @ee244c @Huangyulee @tarotsgirl @Lord_Kuberan @ShengSoon @Decromer @jllwang @Shiella @cristine @Gunawanh @WLing @Zash @Snoopymint @GrumpyDino @YTGIRL @VivianChua @MSJYJ @YJ13 @Bons @bernardtayet @Kindryl @angyenyen @KBWSG @JazzyTizzy @KryZ @Alupigus @tigernoob @MojoStellar @aiyoh79 @drandy @eeth @Zack44 @Cyberguard @kaite @BlueDragon @Tonyoh @AlfonsoDex @InvisibleTig @AlanTiger @kwk @InvisibleP @miaomiao007 @TigerHulk @MGOH @Alconies @justforcoins @cubinvestor @我i168
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  • szasza
    ·2023-04-13
    <span class="s1">Comment in post for 5🪙 Lucky 7 Honda❣️TSLA and BYD is on my watch-list.Would buy BYD if there’s auto-invest for HKEX BYD!🐂-ish for Li Auto as well!THX LOADS<a href="https://ttm.financial/U/4106547232749330"> @Tiger_SG </a>for this great post!THX<span class="Apple-converted-space"> </span><a href="https://ttm.financial/U/4132300740238052"> @icycrystal </a>for sharing with all of us🥰<span class="Apple-converted-space">  </span>@SR050321 @CYKuan @HelenJanet @rL @Universe宇宙 @Jadenkho @melson @Mrzorro @GoodLife99 @SPOT_ON @Kaixiang @BenjiFuji @RDPD富爸穷爸 @SirBahamut @b1uesky @MHh @PJoo @Pepermintpat @RiciaYang @jat @Omega88 @爱上投资学 @Zeniv @Elon2 @Yonhuat @Joker_Smile @grizzlylee @FrankieRed @spkek @snoopy123 @psk @pekss @amroui @Ericdao @StickyRice @StarLuck @Shyon @Success88 @kungpao @CL Wong @Derrick 1234 @MeowKitty @Thonyaunn @紫南 @Zarkness @Ah_Meng @Ratt @Tigress02 @Viv22 @aunteenat @Cory2 @airui @0QH @Cris0 @Brocco @AhGong @deal2deal @Ccl2 @Lcc73
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    • BenjiFuji
      [真香]
      2023-04-14
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    • Universe宇宙
      [ShakeHands]
      2023-04-14
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    • Ratt
      Not sure I would, need more info on them.
      2023-04-14
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  • Zarkness
    ·2023-04-12
    My car brand is tesla ! Its on the 1st. My watchlist is tesla and toyota .one is best and one is Japan best seller . 😘💕
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    • ZarknessReplying toLMSunshine
      Haha just for q&a purposes. I dont . 🤣
      2023-04-13
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    • LMSunshine
      U drive a TSLA buddy😱😱😱 Any feedback? Worth buying or not? Curious do you hold TSLA stock🤪?
      2023-04-12
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  • Success88
    ·2023-04-12
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    • Success88Replying tokoolgal
      Thanks for your compliment 😉
      02-07
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    • Success88Replying toMHh
      Ya Thanks
      02-07
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    • Success88Replying toMHh
      😀Ya thanks
      02-07
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  • GoodLife99
    ·2023-04-12

    Not to mention $Tesla Motors(TSLA)$ will be the king, but have you ever thought of investing in other Automobile companies?

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    • Furore
      ooo
      2023-04-12
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  • icycrystal
    ·2023-04-12
    mine was $Ford(F)$ if I were to invest I would go for $Mercedes Benz Group AG(DDAIF)$ as it's a brand that has come a long way establishing itself @LMSunshine @HelenJanet @Fenger1188 @Wei wei @vy what about you guys [smile] [smile] [smile]
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  • Tigress02
    ·2023-04-12
    As old wood is best to burn; old horses to ride; old books to read; old wine to drink:So are Honda it’s old and has passed the test of time. Tesla is a relatively ew invention, but both will be on my watchlist
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  • Yonhuat
    ·2023-04-12
    My car brand is mercedes . Favorite investment car brand now is $NIO Inc.(NIO)$ . favourite trading car stock is $Tesla Motors(TSLA)$ because it is volatile .
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  • highhand
    ·2023-04-12
    my car is a subset of Volkswagen. so it's not on top 10.
    I will not invest in auto industry because margins suck. unless you're a Tesla. Tesla is not just a car company.
    I know, you have heard that before.... [Happy]
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  • Aqa
    ·2023-04-12
    🚘 Thanks @Tiger_SG Yes from Investing return angle, $Tesla Motors(TSLA)$ is always on my watchlist. It is so far the most active stock, most interesting and most controversial and most exciting counter. Many of my friends lime to play this stock so i follow. Also yes my car is in the above list. I am driving $Mercedes Benz Group AG(DDAIF)$ Been driving and trafing in for long long time. Merce has goid resale value. I am not sire about the resale value of Tesla. The price of new Merce is always higher than the previous issue so I think Merce is like LV and Hermes in luxury bags. Whereas Tesla keeps dropping its new car price so i think its resale value may not be good. Thanks friends for tag, comments and likes. @Success88 @GoodLife99 @Shyon @Yonhuat @highhand @Tigress02 @BenjiFuji @Zarkness @第N次大变革大分流 @icycrystal @pekss @fxaw @airui @MasterStonker @kungpao @0QH @moliya @grizzlylee
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  • Kaixiang
    ·2023-04-13
    There is no strong economic moat for the automobile industry, which makes it a less desirable option for investment. However, EVs may continue to see growth as countries incentivise greener options
    $Tesla Motors(TSLA)$ & $BYD COMPANY(01211)$ are currently the EV leaders, and may be worth to be in your watchlist.
    However, one must be cognisant of the looming recession and potential tightening of consumers’ spending. Given that cars are not considered as essentials for most individuals, one might see a slowdown or possible negative growth for EVs in 2023. Let’s also not forget that the EV industry is highly competitive with traditional car companies joining this bandwagon.
    Happy to hear your thoughts on the industry! [龇牙]
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  • Derrick_1234
    ·2023-04-12
    I don’t have a car, $Honda(HMC)$ and $Toyota(TM)$ are my watchlists
    @CL Wong @Thonyaunn @MeowKitty join me
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  • CL_Wong
    ·2023-04-12
    I do not have a car, $Tesla Motors(TSLA)$ and $Honda(HMC)$ are my watchlist.
    @Thonyaunn @MeowKitty @Derrick 1234 join me
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