The world's most valuable automotive brands: Tesla at the top, two companies from Turkey on the list!

CompaniesMarketCap has ranked the world's most valuable automotive manufacturers. Two companies from Turkey made the list.

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The ranking of the world's most valuable automotive manufacturers has been announced. According to CompaniesMarketCap data, Tesla has taken the top spot on the list with a market value of 1.37 trillion dollars.

The US-based electric vehicle giant continues to maintain its leadership in the automotive sector by a wide margin.

TESLA AT THE TOP, TOYOTA IS THE CLOSEST FOLLOWER

Tesla is followed by Toyota with a value of 224 billion dollars, China-based technology giant Xiaomi with a value exceeding 100 billion dollars, and then BYD and Ferrari.

TWO COMPANIES FROM TURKEY ON THE LIST!

Representing Turkey, Ford Otosan and Tofaş managed to secure their places on this prestigious list.

Ford Otosan ranked 38th with a market value of 9.1 billion dollars, while Tofaş appeared in 47th place with a value of 3 billion dollars.