Among all of the major car companies from around the world, the most profitable in 2020 was Toyota, which saw an astounding $19.1 billion in profits. This infographic from Alan's Factory Outlet used data from Fortune's Global 500 list to determine which car companies were the most and least profitable in 2020. Other companies that saw big profits in 2020 included Volkswagen at $15.54 billion, General Motors at $6.73 billion, BMW at $5.5 billion and Honda at $4.19 billion.
As for the least profitable major car company in 2020, that distinction would go to Nissan, who saw a massive financial loss of $6.174 billion, a 314.5% decrease from the year prior. Also, this infographic includes data on which of the major car companies out there saw the largest increases in profits from 2019 to 2020. It was determined that Hyundai saw the largest profit increase from one year to the next at 86.5%. From 2019 to 2020, there were also major profit increases for Tata Motors (58.69% profits increase), Kia Motors (an increase of 49.2%), Volvo (a 32.4% increase) and Toyota (12.4% increase).
