On April 28, an authoritative institution released the latest ranking of global automakers' net profits for the 2024 fiscal year. Toyota Motor retained its pole position with a net profit of RMB 258.62 billion, underscoring its robust profitability in the international automotive market. Following closely behind were the Volkswagen Group and Mercedes-Benz, which secured the second and third spots with net profits of RMB 102.92 billion and RMB 86.4 billion, respectively. Rounding out the top 10 were Hyundai, BMW, Honda, Tesla, Porsche, Stellantis, and Kia, showcasing the intense competition among the leading players in the global automotive sector.
