International car company's net rate ranking: Hyundai climbs over Toyota

In the second quarter of 2010, most of the major international passenger car companies turned losses, but Chrysler, Mazda, and Mitsubishi still had varying degrees of net losses, but their losses have been reduced. Some companies have achieved positive operating profit, such as Chrysler's operating profit of 183 million US dollars in the second quarter. Although Mitsubishi’s losses have narrowed, its net loss from operating revenue of 403.7 billion yen was 264 billion yen, which is the worst financial situation among international passenger car companies.

Of the car companies that have resumed profitability, Toyota’s operating income is the highest, at 4.87 trillion yen (US$57 billion), which exceeds that of the general public. However, Toyota's net profit (190.47 billion yen) is less than that of Honda (272.5 billion yen). Honda’s operating income (2.361 trillion yen) is less than half that of Toyota. Toyota's net margin is only 3.91%, which is less than 5.20% of Nissan, even less than Honda. Honda is the highest net profit and net profit rate among Japanese car companies, and its high net profit rate of 11.54% is unmatched by other Japanese car makers.

However, the world's highest net profit rate is Hyundai Motor, which is 14.54%. The net profit rate of another Korean car company, Kia, is also as high as 9.67%, second only to Hyundai and Honda.

Among US car companies, Ford Motor Co. has the best profitability, and its 8.31% net profit rate ranks fourth in the world. General Motors, which achieved profit for the second consecutive quarter, had a net profit rate of 4.01% in the second quarter, which was lower than that of Hyundai, Honda, Kia, Ford, BMW, Daimler, and Nissan, but higher than that of Toyota and Volkswagen.

Among German car companies, BMW has the highest profitability, followed by Daimler and Volkswagen. VW ranks the last among the top 10 car companies in terms of net profit rate shown in Figure 1, but its net interest rate (3.77%) is higher than the other two Suzuki and Fiat companies that are famous for producing small cars. Only 2.32% and 0.61%.

The two French car companies did not publish the second quarter financial data, and only released data for the first half of 2010. PSA Peugeot Citroën Group's operating income was 28.39 billion euros, which was higher than Renault’s 19.668 billion euros. However, PSA’s net profit was only 680 million euros, which was lower than Renault’s 823 million euros. In the first half of the year, Renault’s net margin was 4.18%, which was higher than the 2.40% of PSA.