Largest Automotive Companies

Largest Automotive Companies
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C O N T E N T S:


  • One of the top automotive companies in the world, the Volkswagen Group, includes a host of top car brands in the world including Audi, Bentley, Lamborghini, and Porsche.(More…)


  • In the U.S. alone, more than 30 automotive brands vie for the more than 17 million cars and trucks that are sold each year.(More…)



One of the top automotive companies in the world, the Volkswagen Group, includes a host of top car brands in the world including Audi, Bentley, Lamborghini, and Porsche. [1] This ranking is a snapshot of Statista’s toplist “Top 200 Companies: Automotive & Automotive Parts”, which includes revenue and other key figures for the leading 200 car makers and parts suppliers worldwide. [2] The Largest automotive companies in India are Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra and Tata Motors (In 2008, it launched Tata Nano, the cheapest car in the world at $1,500). 25 Foreign auto companies with plants in India include, General Motors, Ford, Hyundai, Honda, Suzuki, Nissan Motors, Toyota, Volkswagen, Audi, Skoda, BMW, Renault, Mitsubishi, Jaguar Land Rover, Fiat and Mercedes Benz. [3]

Atlanta-based Mighty Auto Parts is one of the smallest franchised automotive companies on the list, posting an 8.3% sales gain with a scant 111 locations. [4] Of the automotive companies in the Top 200, CARSTAR saw the biggest loss from 2015 to 2016, at 4.1 percent. [4]

The automotive industry in Croatia employs about 10,000 people in over 130 companies and generates profit of about US$600 million. [3]

Canadian auto parts maker Magna International Inc. has joined a chorus of automotive companies urging the U.S. not to impose tariffs on their products. [5] Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. [6] A few producers of specialized vehicles remained, along with an assortment of companies that made automotive parts and components. [6]

Continual investment in automotive transmission to optimize vehicle performance, reduce power losses, and to reduce emissions can help companies solve this problem. [7] “Car companies will make a business case based on producing and selling cars in China alone,” said Karl Brauer, executive publisher of Cox Automotive. [8] The automotive parts manufactured by Magna are primarily supplied to top companies such as Ford Motor Company, General Motors, Chrysler LLC, Tesla Motors, Volkswagen, BMW, and Toyota. [7] Continental AG, commonly referred to as continental, is one of the top German automotive manufacturing companies. [7]

North American Lighting, Inc. member of the Koito Group of Companies, is the largest automotive lighting manufacturer in North America and has been manufacturing automotive lighting systems for vehicle manufacturers since 1983. [9] NAL?s nine facilities in North America combined with the global network of Koito Group Companies, uniquely positions the company to meet increasing global demands for safe, energy-efficient, eco-friendly, and intelligent automotive lighting systems. [9] The near-certain future of ubiquitous autonomous driving has companies of all sizes rushing to develop the automotive LiDAR sensor system and other technologies that will put them at the forefront of the industry. [10] Over the next few years, ZF began gradually acquiring and investing in its own portfolio of companies working on radar, camera, and LiDAR technology, including Hella, Astyz Communication & Sensors GmbH, Ibeo Automotive Systems GmbH, and double-Slash Net-Business GmbH. [11] What I want to know is “Who’s parts are these companies using?” Many of these companies are Automotive Parters listed on NVidia’s website. [11] Continental AG, commonly known as Continental, is a prominent German automotive manufacturing companies specializing in brake systems, tires, automotive safety, powertrain and chassis components, interior electronics and other parts for the automotive and transportation industry. [10] They are a diverse group of players, ranging from automotive industry stalwarts to leading technology brands and telecommunications companies. [11]


In the U.S. alone, more than 30 automotive brands vie for the more than 17 million cars and trucks that are sold each year. [12] With a majority of the population owning cars in the developed parts of the world, one may be compelled to think that the automotive market is reaching its saturation point. [1]

The automotive company is also the world?s largest hybrid electric vehicle seller with the popular Prius and Camry model available in hybrid electric form. [1]

With the ever-changing consumer preferences and evolving demographics of the automobile manufacturing industry, the top 10 car companies in the world are investing heavily on expanding their production capacities and focusing on R&D to use the latest technology in manufacturing their fleet of vehicles. [13] The top 10 automobile companies in the world are increasingly focusing on investments on R&D to upgrade their manufacturing technology so that their cars offer better fuel efficiency on the road and enhance the driving experience for the passengers. [13] General Motors (GM) has been ranked among top 10 automobile companies in the world in 2018 and is a very trusted name in the automobile manufacturing industry across the world. [13] Volkswagen Group is one of top 10 automobile companies in the world with various brands of top-class cars such as Audi, Bugatti, Bentley, Lamborghini, Porsche, SEAT, Skoda, and VW. Volkswagen Group was formed in 1937 at Wolfsburg, Germany by the German Labor Front. [13] Among all the top 10 automobile companies in the world in 2018, BMW has four best-selling car brands that are BMW M, BMW-i, Rolls Royce, and Mini. [13] Although the prices of raw materials and fuel have been on the rise, these market challenges are going to be overcome by the top 10 automobile companies in the world as the demand for passenger cars is likely to keep growing across the world, predominantly in the Asia Pacific region. [13] Overall, the top 10 automobile companies are poised to witness a massive surge in demand and production of the best automobiles in the next five years. [13] The top 10 car companies in the world are geared to step up their production capacities as it is forecasted that the sales volume of passenger cars will grow significantly from the 78 million units in 2017 to cross past the 100 million units mark within the next few years. [13] Toyota was the first among the top 10 car companies in the world to reach an annual production capacity of 10 million cars in 2012, the same year Toyota also manufactured it?s 200th million cars. [13]

Toyota is one of the top 10 automobile companies in the world both in terms of revenue and production. [13] Ford is a leading top 10 automobile companies in the world and was established in 1903 by Henry Ford at Dearborn, Michigan, United States. [13] The largest market in the Asia Pacific region for the top 10 automobile companies in the world in 2018 is China, followed closely by the other BRIC nations. [13] Honda is another Japanese name among the top 10 automobile companies in the world with an annual revenue of over $60 billion at the end of 2017. [13] Honda was incorporated in 1948 at Hamamatsu, Japan by Soichiro Honda and Takeo Fujisawa while the headquarters of this top 10 car companies in the world is located at Tokyo, Japan. [13] The top car companies in the world are expected to develop new kinds of futuristic cars that will have the latest technology in terms of safety, comfort, mileage, and lower levels of carbon emission. [13]

After the Great Depression and World War II, these companies continued to prosper and the U.S. produced near 3/4 of all automobiles in the world at 1950. 20 21 However, after record of production near 15 millions in some 1970s years, at the beginning and middle of that decade, a combination of high oil prices, increased competition from foreign auto manufacturers, and increasing government regulation severely affected the companies. [3] In the 1980s-1990s U.S. auto power was overtaken by rapidly growing Japanese auto industry but in the 21st century both of them are balanced and now are the second largest in the World (after China) with annual production of 8-10 millions. 20 In the ensuing years, the companies periodically bounced back, but by 2008 the industry was in turmoil. [3] Some of them are originated from defense industry, such as Chang’an Motors, Changhe, and Hafei Motor ; some were developed from old state-owned companies, such as BYD Auto, Brilliance China Auto, Chery Automobile, and Changfeng Automobile. [14] Foreign motor vehicle manufacturers are now making more cars and trucks in the United States than General Motors, Ford and all other U.S. companies, a first in U.S. history. [15]

The Chinese government has granted special manufacturing permits to companies who make “new energy vehicles, and who are generally outside the traditional car making industry. [16] The Irish industry in Ireland has a varied history and despite the small size of the island, a punitive tax on imported cars encouraged a wide range of companies to assemble their cars locally including Fiat, Ford and Renault. [3] Most large global automakers have a presence in Brazil, including BYD, Fiat, Volkswagen Group, Ford, General Motors, Nissan Motors, Toyota, MAN SE, Mitsubishi, Mercedes-Benz, Renault, Honda, Hyundai etc. Brazil also has a number of emerging national companies such as Troller, Marcopolo S.A., Agrale, Randon S.A., Excalibur etc., some of which have produced replicas of classic cars upgraded with modern technology. [3] Some global companies are present in Argentina such as BYD, Fiat, Volkswagen Group, Ford, Iveco, General Motors, Nissan Motors, Toyota, Scania, Mercedes-Benz, Renault, Honda, PSA (Peugeot-Citroen), etc., and also some national companies such as Materfer, 84 TAT S.A., 85 Helvica, 86 Crespi, PurSang, 87 etc. The last have produced replicas of classic cars equipped with modern technology. [3]

The industry began with hundreds of manufacturers, but by the end of the 1920s it became dominated by three large companies – General Motors, Ford and Chrysler. [3]

The result has been the loss of all Spanish car brands manufacturers, which are now in hands of foreign companies. [3] Some of the Malaysian companies produce some models in collaboration with Japanese, Chinese- BYD, South Korean or European manufacturers, while also developing fully indigenous Malaysian made cars. [3] After dissollution of the federation, new car assembly plants were built by foreign companies in Slovakia as in other countries in central Europe. [3] The largest companies are light vehicle producers AvtoVAZ and GAZ, while KAMAZ is the leading heavy vehicle producer. 11 foreign carmakers have production operations or are constructing plants in Russia. [3]

Finland depends on imports of cars and other vehicles, it does however have its own (yet small) auto industry which includes the production of Valmet Automotive cars, Sisu trucks and buses/coaches of various producers. [3] The automobile industry has been an active and growing field in Pakistan for a long time, however not as much established to figure in the prominent list of the top automotive industries, having a stable annual production of between 100,000-170,000 vehicles. [3] PSI Automotive & Industry provides customized solutions for vehicle manufacturing and supply. [17] High consumer prices and production inefficiencies characterized the Canadian auto industry prior to the signing of the 1965 Automotive Products Trade Agreement with the United States. [3] With a cluster of car-makers and parts suppliers, the Turkish automotive sector has become an integral part of the global network of production bases, exporting over $22,944,000,000 worth of motor vehicles and components in 2008. [3] It has Soviet origins, evident in the subsequent practice of cloning foreign specimens, though in one recent automobile joint-venture, North Korea developed a wide-range automotive industry with production of all types of vehicles (an urban and off-road mini, luxury, SUV cars, a small, midi, heavy and super-heavy cargo, haulage, construction and off-road trucks, a mini buses, a usual and articulated buses, trolleybuses and trams). [3] The automotive industry in China has been the largest in the world measured by automobile unit production since 2008. 3 4 5 Since 2009, annual production of automobiles in China exceeds that of the European Union or that of the United States and Japan combined. [14]

China is presently capable of manufacturing a complete line of automobile products and large automotive enterprises. [14] The American automobile industry began in the 1890s and rapidly evolved into the largest automotive producer in the World through the use of mass-production. [3] It was not until 1985 that automotive giant, General Motors (GM), set up its first assembly plant in Egypt, revolutionising the industry. [3]

Somehow, against all the odds, and with one of the least exciting product lineups (in the U.S., anyway) of any major automotive manufacturer, Mitsubishi managed to sell 1.03 million cars in 2017, pushing the Renault-Nissan-Mitsubishi Alliance’s total sales to 10.61 million, thus securing the crown for RNM boss Carlos Ghosn. [18] It was not until 2004 that the Egyptian automotive market began to expand exponentially, along with the local production of both assembled cars and components. [3] With output of more than 2 million, Russia was the world’s 11th and European 2nd (after Germany) automotive largest producer in 2012, and accounts for about 7% of the worldwide production. [3] Russian government presented plans to make Russia as European second automotive producer. [3]

Currently one of the fastest growing automotive groups in the world, Geely is known for their ownership of Swedish luxury car brand, Volvo. [14] Other Chinese car manufacturers are Geely, Beijing Automotive Group, Brilliance Automotive, Guangzhou Automobile Group, Great Wall, BYD, Chery and Jianghuai (JAC). [14] Together with its subsidiaries; Porsche Consulting Group and Mieschke Hofmann und Partner, Porsche offers investment management, engineering services, and automotive financial services among its automobile products that it has to offer the market. [19] Major domestic firms include the China First Automobile Group Corp. (FAW), Dongfeng Motor Corp. (DMC) and Shanghai Automotive Industry (Group) Corp. (SAIC). [14] The main industry group for the Chinese automotive industry is the China Association of Automobile Manufacturers (????????). [14] The Chinese Automotive Industry Plan, announced on the main Web site of China’s central government, said China aims to create capacity to produce 500,000 new energy vehicles, such as battery electric cars and plug-in hybrid vehicles. [14] In the more than two dozens years since, the Egyptian automotive assembly business has grown from just three plants relying on mostly imported components, to 16 businesses with 26 assembly lines, manufacturing now near 100,000 units annually of passenger cars, light commercial vehicles, trucks, and buses, as well as 300 factories that produce most automotive components (IDA’s Vision for the Automotive Industry Report). [3] GM Uzbekistan, a joint venture, with manufacturing operations in Asaka features three vehicle assembly lines and one stamping operations plant with a growing local supply base supplemented by commodities and automotive parts largely from Asia Pacific region (e.g., steel coil from Russia, advanced technology parts from South Korea, etc.). [3]

After some decreases around 1990, a new period of growth has allowed Brazil to surpass traditional automotive leaders (e.g. Belgium, the United Kingdom, Italy, Canada, Russia, Spain, France) in terms of annual production (nearly 3.5million vehicles per year, 7th largest in the world). [3] More than 4.78million automotive vehicles were produced in India in 2017 (an increase of almost thrice since 2005 and more than thirteen times since 1990. [3]

By the end of the 1970s, annual production exceeded one million units, making it the 10th largest automotive manufacturer in the world. [3] This is arguably the top most automotive manufacturer by revenue and volume. [19] The two main automotive manufacturers in France are PSA Peugeot Citro”n, makers of Peugeot and Citroen, and Renault, which makes Renault and Dacia (in Romania ). [3] The current Chinese automotive policy states that a foreign carmaker must form a joint-venture with a Chinese carmaker if the former plans to sell its electric vehicles there, with the Chinese carmaker owning 51% of the joint venture. [14] China had a total of 6,322 automotive enterprises as of the end of November 2006. citation needed The total output value of the automotive sector for the first three quarters of 2006 was US$143billion. citation needed As incomes increase the high annual growth rate of private ownership is expected to accelerate. [14] The Hyundai Kia Automotive Group is today the second largest automaker in Asia, after Toyota. [3] If you live in Alabama, where Toyota just announced it was joining Mazda in an expanded automotive plant, the hook for the Wall Street Journal story, it is almost certainly good news. [15]

Russia has inherited a main part of automotive industry of the Soviet Union with near 1.8 million annual production of all types of automobiles in RSFSR. [3] South Africa is traditionally the leader in Africa of the automotive industry and now produces more than half a million annually of all types of automobiles. [3] Croatia is a fairly new player in the automotive industry and its primary focus has been on the development of luxury grade electric automobiles and supercars. [3] Ukraine was one of two only Soviet republics having production of all types of automobiles and was second by volume in the automotive industry of the Soviet Union with more than 200,000 annual production. [3]

The Automotive industry in Kenya is primarily involved in the assembly, retail and distribution of motor vehicles. [3] As of 2011, the Chilean automotive industry has produced no vehicles and is today non-existent. [3]

Shanghai Automotive Industry Corporation – Volkswagen : Volkswagen Santana mid-size/compact car. [14] Shanghai Automotive Industry Corporation (????????????), also known as SAIC (??) and SAIC-GM (????), is a Chinese state-owned automotive manufacturing company headquartered in Shanghai operating in joint venture with U.S. owned General Motors. [14] FAW Group Corporation (??????, abbreviated to ??) is a Chinese state-owned automotive manufacturing company headquartered in Changchun. [14]

More than 1,000 companies with fleets of up to 2,000 vehicles have already benefited from the complex solutions provided by BCE. Offering customized hardware and software products for effective fleet management, the company controls every stage of the production process, from initial design and manufacturing to installation and support. [17] Trump, it appears, is on board for more foreign manufacturing in the United States, at the expense of manufacturing by U.S. companies. [15] Magna Steyr is now a contract manufacture that has built a number of cars for foreign companies, most recently for Aston Martin and Mini. [3] Brian Kelly, founder and CEO of digital asset investment firm BKCM, called the automakers’ effort “very, very interesting” because it adds a new battleground for tech companies: your car. [20] Others are private-owned companies, such as Geely Automobile and Great Wall Motors. [14] Currently most companies have downsized or have paralyzed operations due to the difficulty in obtaining foreign currency to import necessary auto parts. [3] Both auto detailing companies on the Top 200+ saw significant sales growth. [4] Mr. Transmission and Honest-1 Auto Care led all auto repair franchises in sales growth, with both companies topping a 15 percent. [4] Currently some of the major world automakers have set up assembly plants or are in joint ventures with local companies, including Toyota, General Motors, Honda, Suzuki, and Nissan Motors. [3] Foreign joint venture companies include Suzuki, Ford, Mazda and PSA Peugeot Citro”n. [14] Rights to many currently dormant brands, including Austin, Riley, Rover and Triumph, are also owned by foreign companies. [3] Two years ago I brought an HBS Class to Shanghai for two weeks, and we put student teams into projects at a number of Chinese companies, including several Internet startups. [16] This year, the largest computer technology expo in the world is expected to host 200,000 attendees including more than 2,500 companies from 70 countries. [17] The earliest ones were established by American companies, then various European and Japanese manufacturers followed. [3] Foreign vehicles manufacturers have been assemebling vehicles here for the past 30 years as well and now several automobile companies are in discussion to build automobile factories in the country. [3] Ford is yet another automobile manufacturer that ranks high among the top 10 automobile companies in the world in 2017. [19] BMW, Ford, Renault and General Motors are among the 30 companies in the Mobility Open Blockchain Initiative. [20] Products produced by SAIC joint venture companies are sold under marques including Baojun, Buick, Chevrolet, Iveco, ?koda, Volkswagen, and Wuling. [14] The copying was legendary; a colleague at Toyota told me that they had a lot of respect for one of the Chinese companies in particular – their copy of one of Toyota?s popular models was so good you could take the doors off of it and put it on the corresponding Toyota and the door seals would work perfectly. [16] Chinese car companies that were not operating through a joint venture with a foreign brand and who therefore had to rely on their own designs largely copied popular models that were selling well. [16] Besides DAF Trucks and VDL buses, present Dutch auto production consists primarily of contract manufacturing for BMW and Mini by VDL Nedcar (formerly producing DAF, Volvo, smart and Mitsubishi 66 ), plus a few small sports car companies: Spyker Cars and Donkervoort. [3] The Chinese government is using the transition to electric as a way to surmount the historical advantages of incumbent car companies and nations. [16]

China surpassed Japan to become the world’s second-largest vehicle market in 2006, and passed the United States to become the largest in 2009. citation needed This growth is spurring demand for automotive parts, services, and after-care products. [14] TRU business is ranging from product design and development, automotive parts manufacturing, industrial equipment manufacturing, car assembly lines and financial business. [3] The Serbian Government wants to establish Serbia as a new manufacturing location for the automotive industry in Europe and is strongly supporting all the international producers and suppliers in order to open their plants in Serbia. [3] The Mexican automotive industry mostly consists of foreign assembly plants. [3] The automotive industry in Italy began with the construction of the first FIAT plant (Fabbrica Italiana Automobili Torino) in 1899 by Giovanni Agnelli. [3]

Recently fast growing with European and then Japanese and South Korean help, the automotive industry in Turkey plays an important role in the manufacturing sector of the Turkish economy. [3] Belarus had third by volume part of automotive industry of the Soviet Union with near 40,000 annual production. [3] It’s a time of massive change in the U.S. automotive industry, with near-record sales, an accelerating transition toward fully electric vehicles and continued consolidation where big-name brands gobble up mom-and-pop shops amid rising barriers to entry and education requirements. [4] Completely dependent for Soviet import earlier, Vietnam since the 2000s began to develop own automotive industry with Japanese-South Korean-Malaysian assistance and, having yet near 40,000 per year capability, accounts as a prospective maker and market in South-East Asia. [3] Automotive manufacturing in Colombia had achieved an output of more than 100,000 vehicles per year in 2005, but their output in the past few years has been reduced by about 30,000 vehicles per year. [3]

The design of modern automotive vehicles is discussed in the articles automobile, truck, bus, and motorcycle ; automotive engines are described in gasoline engine and diesel engine. [6] GM’s Chevrolet Silverado pickup was the top-selling model imported from Mexico last year, while the Chevrolet Equinox crossover was the leading vehicle sourced from Canada, according to LMC Automotive. [5] From a negligible position in 1950, Japan in 30 years moved past West Germany, France, Great Britain, and the United States to become the world?s leading automotive producer. [6] Automotive firms provided one-half of the machine guns and carbines made in the United States during the war, 60 percent of the tanks, all the armoured cars, and 85 percent of the military helmets and aerial bombs. [6] At the Boao Forum in the southern island of Hainan last week, President Xi Jinping unveiled a broad set of measures to open up the country’s economy, including lower import tariffs on cars and relaxed restrictions on foreign ownership in the automotive sector. [21]

Many of the top gainers are suppliers to the automotive electronics industry. [22] General Motors Corporation (GM), which ultimately became the world?s largest automotive firm and the largest privately owned manufacturing enterprise in the world, was founded in 1908 by William C. Durant, a carriage manufacturer of Flint, Michigan. [6] The automotive firms in these countries were concerned chiefly with meeting the insatiable demand for vehicles. [6] Despite being a relatively new firm, the company has major automotive holdings. [23] William C. Durant, the owner of Buick at the time, founded General Motors as a holding company for automotive brands in 1908. [23] Never heard of Aptiv? That’s no surprise: It’s a brand-new name for part of the company that used to be giant auto-industry supplier Delphi Automotive. [24]

In my opinion, however, they or other startups are more likely to be dominating the automotive space in 30 years than many of the current legacy manufacturers. [25] The third member of the “Big Three” automotive manufacturers in the United States was created at this same time. [6] At the end of World War I, Ford was the colossus, dominating the automotive scene with the Model T not only in the United States but also through branch plants throughout the world. [6] Automotive plants could readily be converted into facilities for manufacturing military equipment, including tanks and aircraft. [6]

European automotive firms of this period tended to be more self-sufficient. [6]

The German automotive industry, which built the military vehicles needed for blitzkrieg, was not fully converted to military production until 1943. [6] Although steam-powered road vehicles were produced earlier, the origins of the automotive industry are rooted in the development of the gasoline engine in the 1860s and ?70s, principally in France and Germany. [6]

By the early 1980s the automotive industry in the United States was concentrated in four major firms–GM, Ford, Chrysler, and AMC–and one important manufacturer of commercial vehicles, International Harvester Company. [6]

The National Development and Reform Commission announced in a statement on Tuesday that China will scrap foreign ownership limits on new energy vehicle manufacturers in 2018, followed by commercial vehicle makers in 2020 and passenger vehicle companies in 2022. [21] Suppliers are usually classified as tier one or tier two facilities tier one being companies that supply vehicle components directly to the manufacturer. [26] “Tech companies want to own the “brains? of the vehicle because they know that?s where the biggest profit pools will be,” wrote Kevin Rivette, managing partner at Sherpa Technology Group, by email. [27] Tech companies, by contrast, spend 35% to 60% of cashflow on production, with 10% to 15% devoted to R&D. There?s little room for carmakers to maneuver with profit margins hovering around 10% compared to 20% to 30% in the tech industry. [27] These two legacy auto companies are primed to profit as the industry transforms. [24] Alabama Commerce Secretary Greg Canfield said auto supplier companies may begin announcing plans this year, as suppliers will have to be in place and running by the time production starts at Toyota-Mazda in three years. [26] As auto companies look to electric vehicles, autonomous vehicles and higher emissions standards, the shape of automobiles and the way they are built will change. [26] State Farm, Geico, Progressive and Allstate are the largest auto insurance companies in the U.S. Together they control just over 50% of the market for private passenger auto insurance. [28] Navarro added that Trump, having passed a tax cut that helps companies like GM and Harley, “felt betrayed” when they then threatened to move production jobs outside the U.S. in response to the retaliatory actions of foreign countries to Trump’s tariffs. [5]

Geographically, Japan has its most entries ever on the list, although part of that is due to inclusion of companies that should have made it in previous years (TABLE 3). [22] These companies as well as Mitsubishi, Isuzu, Fuji, and Suzuki later opened manufacturing plants in major markets outside Japan to ease trade tensions and increase their competitiveness as the value of Japan?s currency soared. [6]

It is the Chinese partner for Daimler and the companies are jointly investing $735 million on EVs in China. [25] Sixteen of the world?s top twenty automakers have a combined enterprise value of $978 billion, putting them well within reach of the $1.1 trillion held in cash and equivalents by the world?s top twenty tech companies. [27] Other major flex assembly companies are also springing onto the Top 50, widely boosted by Apple. [22] Among the upper echelon, nine of the top 10 companies ranked in this year?s CIRCUITS ASSEMBLY Top 50 grew, as did 17 of the top 20. [22]

What if we could identify the likely winners within the group of legacy auto companies? We might find equally compelling opportunities — at better prices. [24]

Most early automobile companies were small shops, hundreds of which each produced a few handmade cars, and nearly all of which abandoned the business soon after going into it. [6] Six of the 10 major car companies that appear committed to electrification of their vehicle lines are Chinese. [25] As this list of electric car companies shows, China is committed to having its firms at the forefront of the future of transportation too. [25]

The British government built ” shadow factories” adjacent to their automotive plants, equipped to go into military production (principally aircraft) when war came, with managerial and technical personnel drawn from the automotive industry. [6] As often happens with a new technology, the automotive industry experienced patent controversies in its early years. [6]

“Tariffs or other trade barriers on imported automobiles and/or automotive parts would weaken the U.S. economy and threaten to undermine the entire U.S. automotive industry,” wrote James Tobin, Magna’s chief marketing officer. [5] In Britain, William R. Morris (later Lord Nuffield ) undertook to emulate Ford as early as 1912, but he found British engineering firms reluctant to commit themselves to the large-scale manufacture of automotive parts. [6]

In 1980 Japan, which had had little automotive manufacturing before the war, became the leading producer, with the European Economic Community (EEC) ranking second. [6] British automotive production rose from 73,000 in 1922 (both private and commercial vehicles) to 239,000 in 1929, while the number of producers declined from 90 to 41. [6]

Aisin was the first automotive transmission and components manufacturer to establish a comprehensive quality testing facility that also included a dedicated driving test course. [7] Ohio is the second largest automotive state in the United States, housing a complete end-to-end automotive supply chain, situated within 600 miles/1,000km of 77 percent of North American OEMs?, and supported by a world-class logistics infrastructure. [29]

All told, the MOBI consortium is perhaps the auto industry’s first coordinated response to the realization that data produced around cars is a valuable resource and that blockchain could help the automotive industry itself keep control of and manage this data. [30] Foreign auto companies have found making cars in China for local drivers quite profitable. [31] The Trump administration has accused Beijing of forcing foreign companies to share or reveal their technology as a price of doing business in China, particularly in futuristic areas like electric cars. [31] WASHINGTON – Oil companies have long viewed electric cars as a frightening, if distant threat to the gasoline and diesel sales that account for 70 percent of U.S. demand for crude. [32] IHS, which advises many of the world’s largest oil companies, estimates that at the current pace of growth, electric vehicles will make up 38 percent of new car sales worldwide by 2040. [32] The plan could help companies setting up new factories, especially upstarts like the electric vehicle company Tesla Motors, which has big ambitions in the world?s largest market for new cars. [31] Suffice to say that the car industry has come a long way since then, but some old companies have stood the test of time. [33] Most of the rental companies offer a wider range of vehicles, including luxury sports cars, SUVs and 15-passenger vans, but we felt the cars we looked at represent most consumers. [34] Here is a look at the financials for the top ten motor vehicles companies. [35] Present among the ranks are the car-parts manufacturers Bosch and ZF as well as major companies (Accenture, IBM) and blockchain industry groups (Consensys, Hyperledger). [30] Right now, the customers at the front of the line are large fleet operators, including state and local governments and shipping companies, such as UPS and FedEx, which auto manufacturers are targeting as first adopters. [32] The companies have already moved their production and auto parts supply chains to China. [31] Essentially ceding the car market to Japanese and the Korean brands may have once been heresy for the companies that used to fill American highways with Chevy Bel-Aires, Ford Falcons and Plymouth Furys. [8] Oil companies are well aware of the threat from electric cars. [32] If ride-hailing companies could buy automated electric cars instead of paying drivers, they could offer their services more cheaply, which would attract more and more customers, said Burkhard, the IHS analyst. [32] In 1926, the motorcycle and car makers officially split into separate companies. [33] The European majors Royal Dutch Shell and BP are predicting that oil demand will peak by 2040 if not earlier, while the world’s biggest oil companies are shifting investments to petrochemical operations, and alternative energy sources such as wind and solar, and natural gas, the cleaner-burning fossil fuel of choice for generating electricity. [32]

The company?s expertise lies in manufacturing interior electronics, tires, brake systems, powertrain and chassis components, and other parts for the automotive industry. [7] Canada based company Magna International is the largest automotive parts manufacturer in North America by sales of original equipment parts. [7]

As of May 2017, Japanese vehicle manufacturer Toyota Motors is the world?s biggest automotive business in terms of market capitalization. [36] Currently, the company’s vehicles are manufactured in Fremont, California, at the former New United Motor Manufacturing Inc. automotive facility. [37]

The rapid development of automotive lidar sensors technology has great implications for the driverless vehicles market. [10] McLaren Automotive is part of the McLaren Technology Group. [37]

Eight of the top 25 biggest automotive manufacturers have their headquarters in Japan. [36] The Canadian auto supplier giant has long been the subject of self-driving interest as the world’s largest automotive contract manufacturer. [11] This revolutionary product is the world’s first solution that permits rapid industrialization of 3D solid-state flash LiDAR sensors, meeting the automotive sector?s stringent requirements in terms of performance, cost, and reliability, in the process. [10] Google also found its first automotive partner in Fiat Chrysler Automobiles (FCA), which remains its only disclosed OEM partner. [11]

Five of these mammoth automotive businesses experienced sales declines: Dongfeng Motor Group (down -8.6%), Mitsubishi Motors (down -3.8%), Volkswagen Group (down -2.4%), Peugeot (down -1.4%) and Hyundai Motor (down -0.7%). [36]

The company was dubbed the “Foxconn of cars” in an autonomous world, manufacturing vehicles designed by tech companies like Apple and Waymo. [11] What forced the muscle cars of the 1960s underground wasn?t a government-orchestrated assault on horsepower, but rather an unfortunate confluence of events: insurance companies raising rates on high-performance iron, early emissions regulations that strangled engines, and the first OPEC oil crisis, which caused a flight to more efficient cars. [38] The company made headlines when two of the leading multinational companies Ford and Baidu committed to investing US$150 million into the company, their first funding round. [10] The first was the $180 million Agent Orange settlement he negotiated in 1984 between afflicted Vietnam vets and the companies that manufactured the chemical for the U.S. Department of Defense. [38]

Backed by multiple agreements with top automotive industry vendors and a recent investment of $101 million from strategic partners, Canada-based LeddarTech is setting itself apart from other LiDAR providers with its unique business approach. [10]

RANKED SELECTED SOURCES(38 source documents arranged by frequency of occurrence in the above report)

1. (50) Automotive industry by country – Wikipedia

2. (21) automotive industry | History, Developments, & Facts |

3. (17) Automotive industry in China – Wikipedia

4. (15) Top 10 Automobile Companies in World: 2018 Overview

5. (6) Top Companies in the Global Automotive LiDAR Sensors Market | Technavio

6. (6) 46 Corporations Working On Autonomous Vehicles

7. (6) Automakers’ race to produce electric cars should jolt oil companies into action –

8. (6) Top Automotive Transmission System Companies| SpendEdge

9. (5) Don’t Underestimate Chinese Automakers

10. (5) Top Automotive Franchises –

11. (4) Circuits Assembly Online Magazine – On the Radar: Top EMS Companies Reaping Gains from Automotive

12. (4) 6 of 10 Big Electric Car Companies Are in China | CleanTechnica

13. (4) China Is Opening Its Car Market. But Not Enough, Say Auto Companies. – The New York Times

14. (4) Car Companies, Parts Makers Urge U.S. to Abandon Tariff Plan – Bloomberg

15. (3) Top Automotive Companies in the World – 2018 | Automotive Industry

16. (3) Insult To Injury: Foreign Manufacturers Now Making More Cars In U.S. Than U.S. Companies

17. (3) Top 10 Automotive Companies to Watch at CEBIT 2018 | Intellias Blog

18. (3) Top 10 Automobile companies in the world in 2017

19. (3) 2 Top Auto Stocks to Consider Buying Now — The Motley Fool

20. (3) Is Alabama now the auto capital of the South? |

21. (3) Tech companies have enough in the bank to buy the entire auto industry in cash — Quartz

22. (3) Biggest Automobile Maker Export Companies

23. (2) Four of the world’s largest automakers want ‘blockchain’ for your car

24. (2) China to grant full foreign ownership of auto companies by 2022 – Nikkei Asian Review

25. (2) Who Owns Who? Car Companies And Their Parent Brands

26. (2) BMW, Ford, GM: Worlds Largest Automakers Form Blockchain Coalition – CoinDesk

27. (2) 9 Oldest Car Companies in the World |

28. (2) Who Owns What? A Comprehensive Breakdown of Car Conglomerates | Digital Trends

29. (2) 20 Tough Questions about the Auto Industry in 2018 | Feature | Car and Driver

30. (2) American automakers scrap cars, ceding market to foreign makes – Chicago Tribune

31. (2) NAL a top-performing global supplier for Ford Motor Company

32. (1) The biggest car companies in the world: Details, graphic – Business Insider

33. (1) Renault-Nissan now world’s largest carmaker, ousting VW Group – CBS News

34. (1) • Global leading automotive companies by revenue in 2017 | Statistic

35. (1) The 50 Largest Auto Insurance Companies

36. (1) Automotive Industry | Automotive Manufacturing | Ohio

37. (1) Best Car Rental Company 2018 – Reviews of Top Rental Companies

38. (1) Ten Largest Motor Vehicle Manufacturers | IndustryWeek