Toyota is World's Most Valuable Automobile Brand

Japanese automaker Toyota is the most valuable automobile brand in the world, according to Forbes. 
•    Toyota, which was founded 79 years ago on August 28, 1937, has a brand value of $42.1 billion. 
•    German luxury automobile manufacturer BMW comes second on the list, with a brand value of $28.8 billion.
•    As for the second most valued car brand in the world, it was taken by German luxury car maker BMW, which also saw an increase in brand value of 2 per cent at $ 26.8 billion.
•    Right behind was rival Mercedes-Benz, which saw the highest increase in brand value of 4 per cent among the top 10 cars at $ 22.7 billion.
•    This year American luxury electric carmaker Tesla joined the top 10 list at the No. 10 spot with a brand value of $ 4.4 billion