2025 is shaping up to be a landmark year for the U.S. automobile industry. After closing out 2024 with nearly 16 million new vehicle sales, industry experts are predicting an even stronger performance this year, with an estimated 16.3 million units expected to hit the roads.
But what’s really driving this growth? The answer lies in the Electric vehicles (EVs) revolution.
Americans went wild for EVs in 2024, purchasing 1.3 million of them. We saw a real surge at the end of the year, with a 15.2% jump in sales just in the last quarter. The whole market’s shifting towards innovation, sustainability, and cutting-edge tech, and a few companies are really leading the way.
So, which companies are shaping the future of automobiles in the USA in 2025? In this blog, we’ve put together a list of the 5 top automobile companies in the USA, highlighting the key players driving innovation and market growth.
Note: In this list, we’re focusing on the homegrown top automobile brands of the USA, even though there are many foreign automakers with a big presence in USA.
List Of The 5 Top Automobile Companies In USA
Automobile Company | Revenue (TTM 2024) | Market Cap (Feb 2025) |
Ford Motor Company | $182.74 billion | $40.06 Billion |
General Motors | $182.71 billion | $49.21 Billion |
Tesla, Inc. | $97.15 billion | $1.301 Trillion |
Polaris | $7.70 billion | $2.47 Billion |
Rivian | $4.55 billion | $12.81 Billion |
1. Ford Motor Company
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- Founded in: 1903
- Headquarters: Dearborn, Michigan
- Popular/Bestselling Models: Ford Mustang, Ford Fiesta, F-series Trucks, Ford, Ford F-150 Lightning Explorer
When you think of American car companies, Ford is undoubtedly a name that comes to mind. Founded by the legendary Henry Ford, they’ve built a legacy of producing vehicles under the well-known Ford brand, as well as luxury cars through their Lincoln line.
What’s particularly noteworthy right now is Ford’s strong push into the electric vehicle (EV) market as part of its commitment to a greener future.
2024 was a great year for Ford with a 4.2% rise in U.S. sales, driven by higher demand for gasoline and hybrid vehicles. Ford also sold a total of 2,078,832 units in 2024, with Q4 retail sales growing by 17%, led by a 25% gain in F-Series sales.
And get this – Ford’s eco-friendly vehicle sales hit a new record. They sold 285,291 hybrids, plug-in hybrids, and fully electric cars. That’s a whopping 38% increase!
Looking ahead, Ford’s got big plans. They want to be completely carbon neutral by 2050. That’s why they’re pouring money into battery tech to accelerate the EV shift.
2. General Motors
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- Founded in: 1908
- Headquarters: Detroit, Michigan
- Popular/Bestselling Models: Sierra LD, GMC Sierra HD, Trax, Silverado LD, Silverado HD, Escalade, LYRIQ
General Motors or GM as most people know them, is one of the biggest car manufacturers in USA. They design, build, and sell vehicles via well-known brands like Chevrolet, GMC, Cadillac, and Buick.
These days, GM’s really putting a lot of energy into electric vehicles (EV), though they’re still a major player with traditional cars and trucks. They’ve got a pretty bold target: going completely carbon neutral by 2040. Plus, they’re gearing up to launch a whole bunch of new electric models by 2025.
To give you an idea of their scale, in 2024, GM sold 2.7 million new vehicles. Electric vehicle sales saw a big jump, up 50% from the previous year, reaching 114,432 units. In fact, GM’s electric vehicle market share nearly doubled in 2024. To add to this, GM is also the top seller of full-sized pickups for the fifth straight year.
3. Tesla, Inc.
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- Founded in: 2003
- Headquarters: Austin, TX
- Popular/Bestselling Models: Tesla Model 3, Tesla Model Y, Tesla Model S, Tesla Cybertruck
Tesla, let’s face it, they’ve completely shaken up the electric vehicle (EV) world. They’re not just building cars; they’re pushing for affordable EVs and really driving this whole electric revolution. And get this: Tesla sits at number eight on the list of the world’s most valuable companies with a market cap of $1.301 trillion. That’s how they’ve managed to become the top automobile company in the world
Even though more and more electric car companies are popping up, Tesla’s still the king of battery electric vehicle (BEV) sales worldwide. You’ve definitely seen their iconic models, like the sleek Model S, Model 3, Model X, Model Y, and of course, the eye-catching Cybertruck.
Tesla also maintains an array of charging stations, service centers, and dealerships ensuring it stays at the forefront of the electric vehicle industry in the U.S. and beyond.
4. Polaris
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- Founded in: 1954
- Headquarters: Medina, Minnesota, United States
- Popular/Bestselling Models: RANGER CREW XP 1000
Polaris is an American automotive powerhouse best known for powersports and recreational vehicles. They’re into a wide array of machines, covering everything from on-road and off-road thrills to snowmobiles, marine vessels, and even specialized vehicles for commercial and government use. They likewise supply the vehicles with parts and accessories as well.
One of Polaris’ standout achievements is the 2025 lineup of the Polaris Slingshot, celebrating its 10th anniversary. This three-wheeled roadster features a redesigned front end, immersive audio systems, and a smoother ride, offering an unparalleled open-air experience.
Another milestone? The total sales for 2024 reached $7.175 billion with fourth-quarter sales alone being $1.755 billion.
5. Rivian
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- Founded in: 2009
- Headquarters: Irvine, California
- Popular/Bestselling Models: Rivian R1S, Rivian EDV, R1T, R2, R3
Rivian is an American electric vehicle (EV) manufacturer known for its focus on adventure-oriented electric trucks and SUVs. They’re not just building EVs; they’re crafting rugged, all-electric trucks and SUVs designed for those who crave the outdoors and rough terrains.
Beyond their consumer vehicles, Rivian is also making strides in the commercial sector. They’ve teamed up with Amazon, providing them with electric delivery vans as part of the e-commerce giant’s push for a greener delivery fleet.
Looking at their recent output, Rivian’s Normal, Illinois factory rolled out 12,727 vehicles in the fourth quarter of 2024, with deliveries reaching 14,183 units. Across the entire year, they produced 49,476 vehicles and delivered 51,579.
Overall, Rivian is continuing to innovate in the EV space, with plans to expand its production capacity and charging network. They are hustling to maintain their status among the top automobile companies in the USA.
Expert Takeaways
All companies aim to reduce their carbon footprint | Tesla, GM, Ford, Rivian, and Polaris are all actively investing to achieve sustainability goals and reduce emissions. |
Focus on Electric Vehicles (EVs) = increased demand | All companies are heavily investing in EVs, driving demand as consumers increasingly prefer environmentally-friendly options. |
Most companies are relatively new (post-2000s) | Despite being founded after 2000, Rivian, Lucid Motors, and Tesla are dominating the automotive companies in USA, showing innovation can disrupt industries. |
Strong growth in EV market share for legacy automakers | GM, Ford, and Polaris have stayed competitive by consistently updating their vehicle lineup and embracing electric and hybrid vehicle production. |
Tesla continues to lead in global BEV market share | Tesla maintains its position as the clear leader in global battery electric vehicle (BEV) sales. While other companies are catching up, Tesla’s dedicated customers keep them firmly in the top spot. |
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