Hot Wheels

Hot Wheels is another Mattel subsidiary. Hot Wheels is a well-known toy vehicle manufacturer, with $244 million in sales this year. Hot Wheels began as a children's toy company, but has now expanded into the adult market, producing extraordinarily realistic copies of genuine limited-edition automobiles for adult collectors.

Hot Wheels is another well-known toy vehicle brand. The reason for this is because Mattel, the firm's parent company, is spending a lot of money to obtain authorization to make these automobiles, which will allow them to access the original designs and produce extraordinarily realistic toys.

Founded: May 18, 1968

Country: U.S.

Brand value: $244 million(2021)

Website: https://hotwheels.mattel.com/