BMW Falls To Third Place In Most Valuable Automotive Brands Rankings

Toyota held on to its title as the world's most valuable car brand for the sixth year in a row while Mercedes-Benz passed BMW to finish No. 2 for the first time in the annual ranking. Tesla, meanwhile, increased its brand value 60 percent to get within striking distance of Audi.
Toyota's brand value increased 5 percent to nearly $30 billion because of strong demand for its SUVs in Europe and the United States and because of the automaker’s consistency, according to the BrandZ Top 100 Most Valuable Global Brands study released by market researcher Kantar Millward Brown.
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