Just like in the year before, Apple Inc remained No.1 on the list, followed by Amazon and Microsoft, with the three brands boasting $408.25 billion, $249.24 billion and $210.19 billion, respectively.
In its 2021 and 22nd edition of the annual Best Global Brands ranking, Toyota, with an estimate USD54.107 billion, retains its position at the world’s most valuable automotive brand.
Following Toyota is Mercedes-Benz, which also maintains its position as the world’s most valuable luxury automotive brand. BMW remained the third most valuable automotive brand and 12th overall.
But the report shows that Tesla, with a spectacular 184% increase in brand value, is the overall fastest-growing brand of 2021. Tesla, with a brand worth of $36.3 billion, saw the largest rise in rankings compared, climbing 26 places to No. 14 and fourth in the automotive list, from 6th, last year.
According to Interbrand Global CEO Charles Trevail, Tesla’s growth this past year was aided by three key factors, including direction, agility and participation.
“It’s worth calling out Tesla’s growth over the past year — a three-figure increase in brand value is unprecedented in the past 22 years of Best Global Brands.
Tesla is a brand that epitomizes the importance of brand direction, agility and participation, so I’m unsurprised Tesla made the biggest leap up the Best Global Brands ranking in 2021.”
The top 12 car makers recognized on the 2021 Best Global Brands list includes :