The production line has stopped and our shiny new 2022 RealRate ratings for the U.S. Motor Industry are here!
The Top 16 Motor companies are as follows:
Source: https://news.realrate.ai/rankings/
The top 3 companies in order are Gentex, Leatt and Kandi Technologies.
They had Economic Capital Ratio figures of 497%, 408% and 325% respectively. All 3 companies did well due to their Net Income scores.
All 16 companies received our ‘Top Rated’ award.
Source: https://news.realrate.ai/rankings/
Source: https://openai.com/dall-e-2/
The next 16 companies in the ranking are as follows:
Source: https://news.realrate.ai/rankings/
The U.S. motor industry is huge, with the total value of manufacturing reaching $100.9 billion in 2022.
9.2 million U.S. vehicles were produced in 2021. This was an increase on the previous year, with 8.8 million vehicles being produced in 2020, a 19% drop from 2019.
A colossal 923,000 Americans work in motor vehicles and parts manufacturing, and an even bigger 1,251,600 are employed by automobile dealers.
The revenue of U.S. motor vehicle and parts dealers was a gigantic $1.53 trillion as of 2021.
The amazing thing we do at RealRate is to deliver fair and independent ratings, joining expert knowledge and cutting edge artificial intelligence in a nice clear package. It’s our AI model that computes the all-important Economic Capital Ratio figure.
We’re completely unbiased and use only audited public data. RealRate are fair, explainable, and above all, avoid any conflicts of interest.
We are revolutionising the ratings industry one rating at a time.
Main photo source: https://openai.com/dall-e-2/
