Audi Competitors and Similar CompaniesClear all
Volvo Cars's competitors and similar companies include Ferrari, Tesla, BMW Group, Renault and Volvo Group.
 Ferrari Ferrari is a company engaged in the design, engineering, production, and sale of luxury performance sports cars. |  Tesla Tesla is a diversified company that designs, develops, manufactures, and sells electric vehicles and energy generation and storage systems. |  BMW Group BMW Group (Bayerische Motoren Werke) is a company that develops, manufactures, and sells cars, motorcycles, and spare parts and accessories. | ||||
Founding Date | Founding Date 1927 | Founding Date 1947 | Founding Date 2003 | Founding Date 1916 | Founding Date 1898 | Founding Date 1927 |
Type | Type Public | Type Public | Type Public | Type Public | Type Public | Type Public |
Tags | ||||||
Locations | Locations Göteborg, SE HQ Wien, AT Sao Paulo, BR Richmond Hill, CA Čestlice, CZ Herlev, DK Søborg, DK see more | Locations Maranello, IT HQ Hong Kong, HK Modena, IT Amsterdam, NL Englewood Cliffs, US | Locations München, DE HQ Buenos Aires, AR Mulgrave, AU Salzburg, AT Steyr, AT Bornem, BE São Paulo, BR see more | Locations Boulogne-Billancourt, FR HQ El Biar, DZ Oued Tlelat, DZ Buenos Aires, AR Drogenbos, BE São José Dos Pinhais, BR Prague, CZ see more | Locations Göteborg, SE HQ Wacol, AU Wacol, AU Gent, BE Sint Agatha Berchem, BE Curitiba, BR Pederneiras, BR see more | |
Employees | Employees 42,600 | Employees 5,290 | Employees 140,47310% increase | Employees 154,950 | Employees 105,000 | Employees 101,5951% decrease |
Valuation ($) | Valuation ($) 6.6 b | Valuation ($) 87.5 b | Valuation ($) 681.1 b | Valuation ($) 51 b | Valuation ($) 13.3 b | Valuation ($) 53.5 b |
Financial | ||||||
Revenue (est.) | Revenue (est.) kr400.2b (FY, 2024) | Revenue (est.) €6.7b (FY, 2024) | Revenue (est.) $97.7b (FY, 2024) | Revenue (est.) €155.5b (FY, 2023) | Revenue (est.) €56.2b (FY, 2024) | Revenue (est.) kr526.8b (FY, 2024) |
Cost of goods | Cost of goods kr298.1b (FY, 2024) | Cost of goods €2.7b (FY, 2024) | Cost of goods $80.2b (FY, 2024) | Cost of goods €109.3b (FY, 2023) | Cost of goods €44.5b (FY, 2024) | Cost of goods kr360.2b (FY, 2024) |
Gross profit | Gross profit kr104.2b (FY, 2024) | Gross profit €4b (FY, 2024) | Gross profit $17.5b (FY, 2024) | Gross profit €46.8b (FY, 2023) | Gross profit €12.5b (FY, 2024) | Gross profit kr167.7b (FY, 2024) |
Net income | Net income kr15.9b (FY, 2024) | Net income €1.5b (FY, 2024) | Net income $7.2b (FY, 2024) | Net income €12.2b (FY, 2023) | Net income €891m (FY, 2024) | Net income kr50.6b (FY, 2024) |
Operating ⚠ | ||||||
Cars Sold | Cars Sold 615.1 k (FY, 2023) | Cars Sold N/A | Cars Sold N/A | Cars Sold N/A | Cars Sold 1 m (H1, 2022) | Cars Sold N/A |
Charging Stations | Charging Stations 200 k (FY, 2020) | Charging Stations N/A | Charging Stations 4.9 k (Q1, 2023) | Charging Stations N/A | Charging Stations N/A | Charging Stations N/A |
Markets | Markets N/A | Markets 60 (Q2, 2023) | Markets N/A | Markets N/A | Markets N/A | Markets 190 (FY, 2020) |
Vehicles Delivered | Vehicles Delivered N/A | Vehicles Delivered N/A | Vehicles Delivered 1.8 m (FY, 2023) | Vehicles Delivered 594.5 k (Q1, 2024) | Vehicles Delivered N/A | Vehicles Delivered N/A |
Vehicles Produced | Vehicles Produced N/A | Vehicles Produced N/A | Vehicles Produced 1.8 m (FY, 2023) | Vehicles Produced 673.2 k (Q1, 2024) | Vehicles Produced N/A | Vehicles Produced N/A |
Funding | ||||||
Total funding raised | Total funding raised $ 532m | Total funding raised N/A | Total funding raised $ 20.1b | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A |
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Ferrari
HQ
Maranello, IT
Employees
5,290
Ferrari is a company engaged in the design, engineering, production, and sale of luxury performance sports cars.
View companyTesla
HQ
Austin, US
Employees
140,473↑ 10% increase
Tesla is a diversified company that designs, develops, manufactures, and sells electric vehicles and energy generation and storage systems.
View companyBMW Group
HQ
München, DE
Employees
154,950
BMW Group (Bayerische Motoren Werke) is a company that develops, manufactures, and sells cars, motorcycles, and spare parts and accessories.
View company
Renault
HQ
Boulogne-Billancourt, FR
Employees
105,000
Renault Group is an automobile manufacturer.
View company