KATHMANDU: Maruti Suzuki India has entered the list of the world’s top carmakers by market value.
The company’s market capitalization now stands at $57.6 billion, placing it in 8th position globally, according ET.
This makes Maruti more valuable than Ford, General Motors and Volkswagen. It has even gone ahead of its parent company, Suzuki.
Tesla continues to lead the global auto market with a massive valuation of $1.47 trillion. Toyota is second with $314 billion, while China’s BYD ranks third at $133 billion.
Luxury carmaker Ferrari holds fourth place with a market cap of $92.7 billion. It is followed by BMW at $61.3 billion and Mercedes-Benz at $59.8 billion. Honda comes next in seventh place with a value of $59 billion.
Maruti Suzuki is now eighth, ahead of GM at $57.1 billion, Volkswagen at $55.7 billion and Ford at $46.3 billion.
