Maruti Suzuki beats Volkswagen, ranked No. 9 in world in BrandZ list
According to the BrandZ top 100 most valuable global brands study released by market researcher Kantar Millward Brown, India's largest automaker Maruti Suzuki has entered into the prestigious global top 10 brand list in the auto sector and is now the 9th most valuable auto brand in the world. The BrandZ survey is one of the most recognised global brand value surveys in the world. Check out who else is there on this list: Photo: Reuters
1. Maruti Suzuki is valued at $6,375 billion and is rated higher than German automaker Volkswagen, which comes in at number 10 rated at $5,986 Billion. Maruti Suzuki has got the distinction of becoming the only Indian automaker in the BrandZ top 10 list for the highest valued global automakers. Maruti Suzuki's presence into the Top 10 list is mainly because of the NEXA chain of dealerships. This has put the popular mass brand into a perception of luxury. Maruti Suzuki's SUV Vitara Brezza also facilitated it in climbing the SUV wave going on globally. Photo: DNA India
2. Toyota once again earned the top slot, as the world's most valuable car brand for the sixth year in a row. Toyota is rated at a staggering $ 29,987 Billion, a growth of 5 per cent as compared to the year before. Photo: Toyota website
3. Luxury car manufacturer Mercedes-Benz passed BMW to finish No. 2 for the first time in the annual BrandZ ranking. Showcasing a growth of 9 per cent, Mercedes-Benz is valued at $ 25,684 Billion followed closely by rival German automaker BMW in third place at $ 25,624 Billion and a growth of 4 percent. Photo: Mercedes-Benz website
4. Other auto brands in the BrandZ top 100 most valuable global brands list includes Ford (4th position), Honda (5th position), Nissan (6th position), Audi (7th position). Photo: ford.com
5. Tesla reportedly increased its brand value to $9.4 billion this year from $5.9 billion in 2017, maintaining its place at No. 8 in the ranking. The electric luxury car finished just behind Audi, which had a brand value of $9.6 billion, a rise of 3 percent from 2017. Photo: tesla.com